North East Gross Domestic Product (GDP) In 2022, the North East's GDP was about £54 billion. Almost half of the North East LEP's total GDP was from Durham and Newcastle, though this is influenced by the flow of commuters across the region and Newcastle in particular receives a high inflow of commuters from elsewhere in the region. North East GDP in 2022 was more than twice what it was in 1998, the first year of the dataset. The latest totals in England and England excluding London were 2.5 times higher than in 1998. The difference in growth rates was more noticeable during the second half of this period. The latest North East GDP total was about 2.5% of the England equivalent or 3.4% if London is excluded. These proportions have decreased during the most recent decade. GDP at current market prices (£m), 1998 onwards, North East by local authority areaSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: North East local authority areas
Read MoreGDP Index (1998 = 100), North East, England, England excluding LondonSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025). Analysis by North East LEP. Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). GDP at current market prices, indexed in comparison to the 1998 values. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: North East LEP area, England, England excluding London
Read MoreGDP, North East as a % of England and England excluding London, 1998 onwardsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). North East GDP at current market prices, expressed as percentages of national equivalents. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: North East LEP area, England, England excluding London.
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The effects of COVID on GDP GDP in the North East in 2022 was 10% higher than a year earlier, as the economy continued to recover from the impact of COVID in 2020. This was a slightly higher increase than in England excluding London (up 9.7%) and the third highest among the eight core city areas. Within the North East, the increase was highest in Northumberland, Newcastle and North Tyneside and lowest in Gateshead. Over the wider period of 2012 to 2022, percentage growth in North East GDP was the lowest among the core city areas. During that period, within the North East, percentage growth was particularly high in North Tyneside and Newcastle and was lowest in Gateshead and South Tyneside. GDP, change in latest year (%), North East, geographic comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). Percentage change in GDP at current market prices. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: Local Enterprise Partnership (LEP) areas, local authority areas and, for Birmingham, the West Midland mayoral combined authority (MCA) area. The D2N2 LEP area includes Derby, Derbyshire, Nottingham and Nottinghamshire. The LEP and MCA areas include the English conurbations with the highest populations outside of London.
Read MoreGDP, change since 2019 (%), North East, geographic comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). Percentage change in GDP at current market prices. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: Local Enterprise Partnership (LEP) areas, local authority areas and, for Birmingham, the West Midland mayoral combined authority (MCA) area. The D2N2 LEP area includes Derby, Derbyshire, Nottingham and Nottinghamshire. The LEP and MCA areas include the English conurbations with the highest populations outside of London.
Read MoreGDP, change since 2012 (%), North East, geographic comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). Percentage change in GDP at current market prices. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: Local Enterprise Partnership (LEP) areas, local authority areas and, for Birmingham, the West Midland mayoral combined authority (MCA) area. The D2N2 LEP area includes Derby, Derbyshire, Nottingham and Nottinghamshire. The LEP and MCA areas include the English conurbations with the highest populations outside of London.
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Adjusting for population size and inflation GDP per head is used to compare the economies of areas with different populations. This is not a measure of productivity as it uses residential rather than workplace populations and does not take account of variations in employment levels or hours worked. North East GDP per head in 2022 was just over £27,000. This was about 71% of the England rate (82% if London is excluded). It was the second lowest rate among the eight core city areas. Within the North East, GDP per head in 2022 was highest in Newcastle and lowest in South Tyneside. Areas with large numbers of in-commuters tend to have higher GDP per head as more of their economic output is produced by non-residents. In 2022, North East GDP per head was about 31% higher than a decade earlier. This was the smallest increase in the eight core city areas. Within the North East, the largest increase in GDP per head was in North Tyneside. Real GDP per head is a statistic that allows changes in GDP over time to be measured with the effects of population change and inflation removed. By this measure, trends in North East GDP in recent years have mirrored the national equivalent, although at a lower level. Removing the effects of population growth and, especially, of inflation means that the 124% increase in North East GDP between 1998 and 2021 becomes a 36% increase in real GDP per head. GDP per head (£), North East, geographic comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). GDP at current market prices, expressed as a rate of the resident population. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place.
GDP per head is a way to compare the amount of economic activity in differently sized areas. It is not a measure of productivity as it takes no account of commuting patterns and differences in employment rates and hours worked. Geography: Local Enterprise Partnership (LEP) areas, local authority areas and, for Birmingham, the West Midland mayoral combined authority (MCA) area. The D2N2 LEP area includes Derby, Derbyshire, Nottingham and Nottinghamshire. The LEP and MCA areas include the English conurbations with the highest populations outside of London.
Read MoreGDP per head (%), change since 2012, North East, geographic comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). Net change in GDP at current market prices, expressed as a rate of the resident population. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place.
GDP per head is a way to compare the amount of economic activity in differently sized areas. It is not a measure of productivity as it takes no account of commuting patterns and differences in employment rates and hours worked. Geography: Local Enterprise Partnership (LEP) areas, local authority areas and, for Birmingham, the West Midland mayoral combined authority (MCA) area. The D2N2 LEP area includes Derby, Derbyshire, Nottingham and Nottinghamshire. The LEP and MCA areas include the English conurbations with the highest populations outside of London.
Read MoreReal GDP per head (£), 1998 onwards, North East, national comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). GDP estimates are workplace-based, allocated to the area in which the economic activity takes place.
"Real GDP" per head is published as the GDP "chained volume measures (CVM) per head". Changes in this measure are not impacted by inflation or changes in population, unlike changes in total GDP. Geography: North East LEP area, England, England excluding London
Read MoreReal GDP per head and components, index (1998=100), North EastSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). GDP is at current market prices. GDP estimates are workplace-based, allocated to the area in which the economic activity takes place.
"Real GDP" per head is published as the GDP "chained volume measures (CVM) per head". Changes in this measure are not impacted by inflation or changes in population, unlike changes in total GDP. "Inflation effects" are published as the "whole economy GVA implied deflator". Geography: North East LEP area
Read MoreReal GDP per head (%), change since 2012, North East, geographic comparisonsSource: Regional economic activity by gross domestic product (ONS, last updated 24 Apr 2024, next update April 2025) Data information: Annual estimates of economic activity by UK country, region and local area using GDP (gross domestic product). "Real GDP" per head is published as the GDP "chained volume measures (CVM) per head" measure. Changes in this measure are not impacted by inflation or changes in population, unlike changes in total GDP.
GDP estimates are workplace-based, allocated to the area in which the economic activity takes place. Geography: Local Enterprise Partnership (LEP) areas, local authority areas and, for Birmingham, the West Midland mayoral combined authority (MCA) area. The D2N2 LEP area includes Derby, Derbyshire, Nottingham and Nottinghamshire. The LEP and MCA areas include the English conurbations with the highest populations outside of London.
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Further information GDP is equivalent to: Gross Value Added (GVA) plus VAT plus other taxes on products less subsidies on products. Until recently, ONS statistics used GVA rather than GDP for sub-national areas. The local and regional estimates are now consistent with national accounts. The ONS provide a breakdown of local GVA by industry, the latest data for which is also from 2021.
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