Gross domestic product (GDP), pounds sterling in Tower Hamlets
Gross domestic product (GDP), pounds sterling in Tower Hamlets was £49.28 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4.6% from 2023.
Gross domestic product (GDP), pounds sterling in Tower Hamlets, 1998 to 2024
All 27 values
| Period | GBP million |
|---|---|
| 2024 | 49,282 Provisional |
| 2023 | 47,099 |
| 2022 | 42,969 |
| 2021 | 37,357 |
| 2020 | 36,043 |
| 2019 | 37,175 |
| 2018 | 37,867 |
| 2017 | 38,655 |
| 2016 | 35,736 |
| 2015 | 33,518 |
| 2014 | 33,135 |
| 2013 | 31,075 |
| 2012 | 29,465 |
| 2011 | 30,409 |
| 2010 | 28,043 |
| 2009 | 26,863 |
| 2008 | 25,773 |
| 2007 | 24,819 |
| 2006 | 22,371 |
| 2005 | 20,321 |
| 2004 | 18,179 |
| 2003 | 16,924 |
| 2002 | 15,877 |
| 2001 | 15,209 |
| 2000 | 15,004 |
| 1999 | 13,426 |
| 1998 | 13,020 |
Compared with London
| Place | 2024 |
|---|---|
| Tower Hamlets | 49,282 |
| London | 656,291 |
Definition
Regional GDP at current market prices (nominal, not adjusted for price changes), millions of pounds sterling. The Office for National Statistics builds it from the balanced measure of gross value added (GVA(B)) plus VAT and other taxes on products less subsidies on products. United Kingdom ITL1 regions (the nine English regions, Wales, Scotland and Northern Ireland) and local authorities.
In pounds sterling at current prices, so it is not comparable with gdp (euros), gdp_nzd (New Zealand dollars) or gdp_usd (US dollars) without a conversion, and it is not adjusted for inflation. Estimates are workplace based: output is allocated to the place where the activity happens. The latest year is provisional. The ONS suppressed some local authorities in Wales, Scotland and south west England in its September 2026 release and expects to publish them later.
How to cite
Office for National Statistics. Regional gross domestic product: local authorities, GDP at current market prices, pounds million (ONS, Table 5). Contains public sector information licensed under the Open Government Licence v3.0. https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductlocalauthorities/1998to2024. Retrieved 2026-10-11.Use this data in your AI agent
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What is the latest gross domestic product (GDP), pounds sterling in Tower Hamlets? Cite the source.
get_value {"indicator":"gdp_gbp_million","place":"gb-la-e09000030"}
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What is the gross domestic product (GDP), pounds sterling in Tower Hamlets?
Gross domestic product (GDP), pounds sterling in Tower Hamlets was £49.28 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 4.6% from 2023.
Where does this figure come from?
Office for National Statistics (United Kingdom). Regional gross domestic product: local authorities, GDP at current market prices, pounds million (ONS, Table 5). Retrieved by Invokely on 2026-10-11.
What was the highest gross domestic product (GDP), pounds sterling in Tower Hamlets?
£49.28 billion in 2024, the highest value since 1998 in this series.