Measuring the North East's GDP, the value of goods and services produced in the area. Includes breakdowns by local authority area and change over time with inflation effects removed.
The Office for National Statistics (ONS) publishes annual estimates of Gross Domestic Product (GDP) for local and regional geographies. These are usually available about 16 months after the end of the calendar year that they cover. The 2026 release of 2024 data, however, was delayed until September.
In some releases, Gross Value Added (GVA) is used instead of GDP. This is true for the annual breakdown by industry and for earlier releases of the sub-national data charted in this report. The relationship between GDP and GVA is:
GDP = GVA + VAT + other taxes on products - subsidies on products
North East GDP
Headline GDP totals in the ONS release are current price measures. However, for rates of change, ONS produce a time series of "chained volume" measures that removes the effects of inflation. This is described in the release as a time series of real GDP. This is especially useful to reveal patterns of GDP change in periods where inflation has been high or volatile, including recent years.
£63.2 bn
North East GDP 2024
23.5% from County Durham, Newcastle 22.4%, Sunderland 16.1%, Northumberland 12.4%, N. Tyneside 11.5%, Gateshead 9.5%, S. Tyneside 4.6%.
+5.7%
North East GDP growth, 2023 to 2024
50% increase, 2014 to 2024. Real GDP, excluding inflation, grew by 2.0% in 2024 and by 16% in the latest decade.
-12%
Impact of COVID in 2020
2019 to 2020 real GDP % change. In each year since, the North East % increase has been higher than for UK excl. London.
2.8%
North East's share of the UK GDP excluding London
Up from 2.7% in 2020. 2.2% of the UK GDP including London.
Data information: Annual estimates of sub-national economic activity, allocated to the area in which it takes place. Current price measures. Changes over time include the effects of inflation. Geography: Local authority (LA) areas within the North East MSA area.
Data information: Annual estimates of sub-national economic activity, allocated to the area in which it takes place. Changes in current price measures include the effects of inflation. The real GDP time series is based on chained volume measures (CVM) and excludes effects of inflation. The real GDP per head time series also excludes effects of population change. The three time series are indexed with their 1998 values set at 100. Geography: North East MSA area.
Data information: Annual estimates of sub-national economic activity, allocated to the area in which it takes place. Calculated from real GDP time series, based on chained volume measures (CVM) which remove the effect of inflation. Geography: North East MSA area, UK excluding London (derived from published UK and London data).
Data information: Annual estimates of sub-national economic activity, allocated to the area in which it takes place. Percentages calculated from current price measures. Changes over time include the effects of inflation. Geography: North East MSA area, UK, UK excluding London.
GDP is allocated to the area in which the related economic activity takes place. Because areas vary in the size of their population, a rate based on the number of residents (GDP per head) is used to compare their GDPs. This rate is not a proxy for productivity. The latter uses a denominator based on the workplace population such as the number of workers or hours worked. The impact of cross-border commuting and variations in employment rates and in hours worked make GDP per resident inappropriate as a productivity measure.
46%
of UK GDP from London and neighbouring regions
(South East and East of England) 20% from the North of England, 3% from the North East ITL1 area.
£30,000
GDP per head in the wider North East region
(ITL1 area that includes both the North East and Tees Valley CA areas). Lowest rate of 12 UK ITL1 areas, less than half (41%) of the London rate.
£30,900
North East GDP per head
ranked 12th out of 14 among combined authority (CA) areas, £14,900 below highest rate but only £1,500 below median.
£44,300
Newcastle GDP per head
Highest of seven North East LA areas, next are Sunderland and North Tyneside. Larger net in-commutes result in higher GDP per head rates.
Data information: 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. Geography: Combinations of UK ITL1 areas.
Data information: 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. GDP per head uses the resident population as a denominator. Geography: UK ITL1 areas, national comparisons. The North East ITL1 area includes the North East and Tees Valley CA areas.
Data information: 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. GDP per head uses the resident population as a denominator. Geography: English combined authority (CA) areas, national comparisons. West of England data unavailable.
Data information: 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. GDP per head uses the resident population as a denominator. Geography: North East local authority (LA) areas, national comparisons.
Data information: Calculations based on 2023 and 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. Real GDP estimates are based on chained volume measures (CVM) and exclude effects of inflation. Geography: English combined authority (CA) areas, national comparisons. West of England data unavailable.
Data information: Calculations based on 2023 and 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. Real GDP estimates are based on chained volume measures (CVM) and exclude effects of inflation. Geography: North East local authority (LA) areas, national comparisons.
Data information: Calculations based on 2014 and 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. Real GDP estimates are based on chained volume measures (CVM) and exclude effects of inflation. Geography: English combined authority (CA) areas, national comparisons. West of England data unavailable.
Data information: Calculations based on 2014 and 2024 estimates of sub-national economic activity, allocated to the area in which it takes place. Real GDP estimates are based on chained volume measures (CVM) and exclude effects of inflation. Geography: North East local authority (LA) areas, national comparisons.
