GDP per head, pounds sterling in Watford

GDP per head, pounds sterling in Watford was £56,151 in 2024, according to the Office for National Statistics (United Kingdom). That is down 0.5% from 2023.

2024, GBP56,151 Provisional
Change on 2023-0.5%
Series high57,6462017
Series low26,0871998

GDP per head, pounds sterling in Watford, 1998 to 2024

20K30K40K50K60K19982002200620102014201820241998: 26,087 GBP1999: 27,474 GBP2000: 29,046 GBP2001: 30,783 GBP2002: 32,327 GBP2003: 34,506 GBP2004: 36,748 GBP2005: 38,120 GBP2006: 39,516 GBP2007: 41,757 GBP2008: 42,170 GBP2009: 40,048 GBP2010: 38,837 GBP2011: 38,918 GBP2012: 39,506 GBP2013: 41,585 GBP2014: 43,958 GBP2015: 47,896 GBP2016: 52,097 GBP2017: 57,646 GBP2018: 56,308 GBP2019: 54,692 GBP2020: 49,076 GBP2021: 53,802 GBP2022: 57,196 GBP2023: 56,461 GBP2024: 56,151 GBP
GBP. Source: Office for National Statistics, Regional gross domestic product: local authorities, GDP per head at current market prices, pounds (ONS, Table 7). Retrieved 2026-10-11, published 2026-09-23.
All 27 values
PeriodGBP
202456,151 Provisional
202356,461
202257,196
202153,802
202049,076
201954,692
201856,308
201757,646
201652,097
201547,896
201443,958
201341,585
201239,506
201138,918
201038,837
200940,048
200842,170
200741,757
200639,516
200538,120
200436,748
200334,506
200232,327
200130,783
200029,046
199927,474
199826,087

Compared with East of England

Place2024
Watford56,151
East of England36,942

Definition

Regional GDP at current market prices divided by the resident population (ONS mid-year estimates), in pounds sterling per person. United Kingdom ITL1 regions and local authorities.

Current prices in pounds, not adjusted for inflation or for differences in living costs. Output is counted where the work is done and people are counted where they live, so commuting distorts the figure: the ONS warns that per head estimates may be distorted by people commuting between regions, and the City of London, with few residents, has a very high value. Not the same as gdp_per_capita (euros) or gdp_per_capita_usd (US dollars, World Bank). The latest year is provisional.

How to cite

Office for National Statistics. Regional gross domestic product: local authorities, GDP per head at current market prices, pounds (ONS, Table 7). 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 GDP per head, pounds sterling in Watford?

GDP per head, pounds sterling in Watford was £56,151 in 2024, according to the Office for National Statistics (United Kingdom). That is down 0.5% from 2023.

Where does this figure come from?

Office for National Statistics (United Kingdom). Regional gross domestic product: local authorities, GDP per head at current market prices, pounds (ONS, Table 7). Retrieved by Invokely on 2026-10-11.

What was the highest GDP per head, pounds sterling in Watford?

£57,646 in 2017, the highest value since 1998 in this series.

GDP per head, pounds sterling elsewhere in East of England

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