GDP per head, pounds sterling in Westminster

GDP per head, pounds sterling in Westminster was £488,081 in 2024, according to the Office for National Statistics (United Kingdom). That is up 2.1% from 2023.

2024, GBP488,081 Provisional
Change on 2023+2.1%
Series high488,0812024
Series low147,0271998

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

100K200K300K400K500K19982002200620102014201820241998: 147,027 GBP1999: 152,819 GBP2000: 162,197 GBP2001: 161,875 GBP2002: 164,114 GBP2003: 169,599 GBP2004: 174,276 GBP2005: 182,828 GBP2006: 190,695 GBP2007: 214,148 GBP2008: 224,933 GBP2009: 221,697 GBP2010: 231,756 GBP2011: 236,809 GBP2012: 248,285 GBP2013: 268,395 GBP2014: 277,131 GBP2015: 270,880 GBP2016: 322,435 GBP2017: 342,333 GBP2018: 357,376 GBP2019: 380,671 GBP2020: 361,819 GBP2021: 409,059 GBP2022: 464,158 GBP2023: 478,273 GBP2024: 488,081 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
2024488,081 Provisional
2023478,273
2022464,158
2021409,059
2020361,819
2019380,671
2018357,376
2017342,333
2016322,435
2015270,880
2014277,131
2013268,395
2012248,285
2011236,809
2010231,756
2009221,697
2008224,933
2007214,148
2006190,695
2005182,828
2004174,276
2003169,599
2002164,114
2001161,875
2000162,197
1999152,819
1998147,027

Compared with London

Place2024
Westminster488,081
London72,201

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 Westminster?

GDP per head, pounds sterling in Westminster was £488,081 in 2024, according to the Office for National Statistics (United Kingdom). That is up 2.1% 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 Westminster?

£488,081 in 2024, the highest value since 1998 in this series.

GDP per head, pounds sterling elsewhere in London

Related statistics for Westminster

All statistics for Westminster