Gross domestic product (GDP), pounds sterling in Wakefield

Gross domestic product (GDP), pounds sterling in Wakefield was £12.39 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.6% from 2023.

2024, GBP million12,393 Provisional
Change on 2023+5.6%
Series high12,3932024
Series low4,5191998

Gross domestic product (GDP), pounds sterling in Wakefield, 1998 to 2024

4,0006,0008,00010K12K14K19982002200620102014201820241998: 4,519 GBP million1999: 4,744 GBP million2000: 4,909 GBP million2001: 5,096 GBP million2002: 5,270 GBP million2003: 5,547 GBP million2004: 5,768 GBP million2005: 6,012 GBP million2006: 6,220 GBP million2007: 6,403 GBP million2008: 6,545 GBP million2009: 6,356 GBP million2010: 6,357 GBP million2011: 6,561 GBP million2012: 6,862 GBP million2013: 7,087 GBP million2014: 7,152 GBP million2015: 7,615 GBP million2016: 7,928 GBP million2017: 8,248 GBP million2018: 8,770 GBP million2019: 9,141 GBP million2020: 8,734 GBP million2021: 9,571 GBP million2022: 10,706 GBP million2023: 11,740 GBP million2024: 12,393 GBP million
GBP million. Source: Office for National Statistics, Regional gross domestic product: local authorities, GDP at current market prices, pounds million (ONS, Table 5). Retrieved 2026-10-11, published 2026-09-23.
All 27 values
PeriodGBP million
202412,393 Provisional
202311,740
202210,706
20219,571
20208,734
20199,141
20188,770
20178,248
20167,928
20157,615
20147,152
20137,087
20126,862
20116,561
20106,357
20096,356
20086,545
20076,403
20066,220
20056,012
20045,768
20035,547
20025,270
20015,096
20004,909
19994,744
19984,519

Compared with Yorkshire and The Humber

Place2024
Wakefield12,393
Yorkshire and The Humber193,115

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.

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Questions

What is the gross domestic product (GDP), pounds sterling in Wakefield?

Gross domestic product (GDP), pounds sterling in Wakefield was £12.39 billion in 2024, according to the Office for National Statistics (United Kingdom). That is up 5.6% 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 Wakefield?

£12.39 billion in 2024, the highest value since 1998 in this series.

Gross domestic product (GDP), pounds sterling elsewhere in Yorkshire and The Humber

Related statistics for Wakefield

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