In 2023, the gross domestic product of the West Midlands Metropolitan County in the United Kingdom was approximately 85.3 billion British pounds, compared with 85.4 billion pounds in the previous year.
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Quarterly economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West).
In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which includes the major cities of Manchester and Liverpool, had the third-largest GDP among UK regions, at almost 250 billion pounds. Levelling Up the UK London’s economic dominance of the UK can clearly be seen when compared to the other regions of the country. In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at over 63,600 pounds per person in the UK capital, compared with just over 37,100 pounds in the rest of the country. To address the economic imbalance, successive UK governments have tried to implement "levelling-up policies", which aim to boost investment and productivity in neglected areas of the country. The success of these programs going forward may depend on their scale, as it will likely take high levels of investment to reverse economic neglect regions have faced in the recent past. Overall UK GDP The gross domestic product for the whole of the United Kingdom amounted to 2.56 trillion British pounds in 2024. During this year, GDP grew by 0.9 percent, following a growth rate of 0.4 percent in 2023. Due to the overall population of the UK growing faster than the economy, however, GDP per capita in the UK fell in both 2023 and 2024. Nevertheless, the UK remains one of the world’s biggest economies, with just five countries (the United States, China, Japan, Germany, and India) having larger economies. It is it likely that several other countries will overtake the UK economy in the coming years, with Indonesia, Brazil, Russia, and Mexico all expected to have larger economies than Britain by 2050.
In 2023, the gross domestic product of Birmingham and the West Midlands metropolitan county was approximately 28,604 British pounds, compared with 28,960 pounds in the previous year.
The gross domestic product of Birmingham and the West Midlands metropolitan county shrank by approximately 0.1 percent in 2023, after growing by 3.4 percent in 2022.
F: Construction, Quarterly index, Chained volume measure, West Midlands. Quarterly economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West).
A-T: Total, Quarterly growth rate on previous quarter, Chained volume measure, West Midlands. Quarterly economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West).
In 2023, the gross domestic product per capita in London was 63,618 British pounds, compared with 37,135 pounds per capita for the United Kingdom as a whole. Apart from London, the only other region of the UK that had a greater GDP per capita than the UK average was South East England, at 38,004 pounds per capita. By contrast, North East England had the lowest GDP per capita among UK regions, at 26,347 pounds. Regional imbalance in the UK economy? London's overall GDP in 2022 was over 508 billion British pounds, which accounted for almost a quarter of the overall GDP of the United Kingdom. South East England had the second-largest regional economy in the country, with a GDP of almost 341.7 billion British pounds. Furthermore, these two regions were the only ones that had higher levels of productivity (as measured by output per hour worked) than the UK average. While recent governments have recognized regional inequality as a major challenge facing the country, it may take several years for any initiatives to bear fruit. The creation of regional metro mayors across England is one of the earliest attempts at giving regions and cities in particular more power over spending in their regions than they currently have. UK economy growth slow in late 2024 After ending 2023 with two quarters of negative growth, the UK economy grew at the reasonable rate of 0.8 percent and 0.4 percent in the first and second quarters of the year. This was, however, followed by zero growth in the third quarter, and by just 0.1 percent in the last quarter of the year. Other economic indicators, such as the inflation rate, fell within the expected range in 2024, but have started to rise again, with a rate of three percent recorded in January 2025. While unemployment has witnessed a slight uptick since 2022, it is still at quite low levels compared with previous years.
Q: Human health and social work activities, Annual index, Chained volume measure, East of England. Annual economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, Greater London, South East, South West).
A-T: Total, Quarterly index, Chained volume measure, England. Quarterly economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West).
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Total activity expenditure, attribution to natural capital, and natural capital GVA for each region.
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Total tourism expenditure from each survey and the amount attributable to T&OL activities.
F: Construction, Annual growth rate, Chained volume measure, South East. Annual economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, Greater London, South East, South West).
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Ecosystem attribution scoring table.
J: Information and communication, Quarterly index, Chained volume measure, North East. Quarterly economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West).
Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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Annual estimates of balanced UK regional gross value added (GVA(B)). Current price estimates, chained volume measures and implied deflators for local authority districts, London boroughs, unitary authorities and Scottish Council areas, with a detailed industry breakdown.
T: Activities of households as employers; undifferentiated goods-and services-producing activities of households for own use, Quarterly growth rate on previous quarter, Chained volume measure, East of England. Quarterly economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and The Humber, East Midlands, West Midlands, East of England, London, South East, South West).
O: Public administration and defence; compulsory social security, Annual growth rate, Chained volume measure, Wales. Annual economic activity within England, Wales and the nine English regions (North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, Greater London, South East, South West).
2,07 (% of GDP) in 2018.
As of 2023, the population density in London was by far the highest number of people per square km in the UK, at *****. Of the other regions and countries which constitute the United Kingdom, North West England was the next most densely populated area at *** people per square kilometer. Scotland, by contrast, is the most sparsely populated country or region in the United Kingdom, with only ** people per square kilometer. Countries, regions, and cities According to the official mid-year population estimate, the population of the United Kingdom was just almost **** million in 2022. Most of the population lived in England, where an estimated **** million people resided, followed by Scotland at **** million, Wales at **** million and finally Northern Ireland at just over *** million. Within England, the South East was the region with the highest population at almost **** million, followed by the London region at around *** million. In terms of urban areas, Greater London is the largest city in the United Kingdom, followed by Greater Manchester and Birmingham in the North West and West Midlands regions of England. London calling London's huge size in relation to other UK cities is also reflected by its economic performance. In 2021, London's GDP was approximately *** billion British pounds, almost a quarter of UK GDP overall. In terms of GDP per capita, Londoners had a GDP per head of ****** pounds, compared with an average of ****** for the country as a whole. Productivity, expressed as by output per hour worked, was also far higher in London than the rest of the country. In 2021, London was around **** percent more productive than the rest of the country, with South East England the only other region where productivity was higher than the national average.
In 2023, the gross domestic product of the West Midlands Metropolitan County in the United Kingdom was approximately 85.3 billion British pounds, compared with 85.4 billion pounds in the previous year.