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Statistics · Region
GDP per person (PPP) in Wales
1998 – 2023 · 26 data points
11 of 12 · Regions of United Kingdom
Updated 21 Oct 2026
Source: OECD Regional Database, 1998 – 2023
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Latest value · 2023
US$43,924PPP
+4.2%
since 2022
Regions of United Kingdom · 2023
11 of 12
Place 1 is the highest value.
since 2013
+47%
+3.7% a year on average
vs United Kingdom
−26%
United Kingdom: US$59,700 · 2023
GDP per person (PPP), 1998 – 2023 international dollars (PPP) · Wales · United Kingdom
+47% since 2013
US$0
US$20,000
US$40,000
US$60,000
1998
2010
2015
2023
Wales
United Kingdom
Source: OECD Regional Database, 1998 – 2023
Compared with GDP per person (PPP) · international dollars (PPP)
Wales
US$43,924
United Kingdom
US$59,700
Source: OECD Regional Database
The series at a glance Wales · 1998 – 2023
Latest value
US$43,924 · 2023
First value
US$17,747 · 1998
Highest
US$43,924 · 2023
Lowest
US$17,747 · 1998
Average change
+3.7% a year on average
Data points
26
By year
All years · 1998 – 2023
| Year | Wales | Change | United Kingdom |
|---|---|---|---|
| 2023 | US$43,924 | +4.2% | US$59,700 |
| 2022 | US$42,151 | +7.2% | US$57,384 |
| 2021 | US$39,316 | +7.6% | US$52,858 |
| 2020 | US$36,550 | −4.0% | US$48,192 |
| 2019 | US$38,089 | +6.9% | US$50,028 |
| 2018 | US$35,618 | +3.1% | US$47,181 |
| 2017 | US$34,556 | +4.1% | US$46,089 |
| 2016 | US$33,187 | +4.6% | US$44,065 |
| 2015 | US$31,737 | +3.9% | US$42,501 |
| 2014 | US$30,547 | +2.2% | US$41,257 |
| 2013 | US$29,883 | +4.8% | US$39,941 |
| 2012 | US$28,520 | +3.6% | US$38,334 |
| 2011 | US$27,536 | +3.7% | US$37,209 |
| 2010 | US$26,552 | +4.4% | US$36,492 |
| 2009 | US$25,443 | −3.6% | US$35,032 |
| 2008 | US$26,384 | +1.3% | US$36,735 |
| 2007 | US$26,057 | +1.4% | US$35,525 |
| 2006 | US$25,697 | +6.4% | US$34,746 |
| 2005 | US$24,157 | +1.4% | US$32,720 |
| 2004 | US$23,826 | +6.5% | US$32,076 |
| 2003 | US$22,369 | +5.0% | US$30,323 |
| 2002 | US$21,294 | +4.6% | US$29,091 |
| 2001 | US$20,353 | +4.6% | US$27,919 |
| 2000 | US$19,459 | +7.6% | US$26,533 |
| 1999 | US$18,091 | +1.9% | US$24,493 |
| 1998 | US$17,747 | US$23,693 |
Source: OECD Regional Database, 1998 – 2023
Ranking · Regions of United Kingdom
2023 · Place 1 is the highest value.
| # | Territory | GDP per person (PPP) | |
|---|---|---|---|
| 1 | Greater London | US$103K | |
| 2 | South East England | US$61,909 | |
| 3 | Scotland | US$55,725 | |
| 4 | South West England | US$53,536 | |
| 5 | North West England | US$53,393 | |
| 6 | East of England | US$53,104 | |
| 7 | Northern Ireland | US$49,360 | |
| 8 | Yorkshire and The Humber | US$48,883 | |
| 9 | West Midlands | US$48,061 | |
| 10 | East Midlands | US$47,115 | |
| 11 | Wales | US$43,924 | |
| 12 | North East England | US$42,826 |
Source: OECD Regional Database, 2023
What it means
Economic output per resident, adjusted for what money buys in each country.
How it is calculated
GDP per person converted with purchasing power parities into international dollars, so countries and regions can be compared.
Economy & jobs
Wales in numbers
GDP per person
£29,316
2023
Gross domestic product
US$4T
2025 · United Kingdom
Economic growth
1.4%
2025 · United Kingdom
Inflation
3.9%
2025 · United Kingdom
Unemployment rate
3.7%
2023
Youth unemployment
14.6%
2025 · United Kingdom
Employment rate
72.7%
2024
Labour force participation
61.4%
2025 · United Kingdom
Household income per person
US$29,896
2023
Income inequality (Gini)
32.4
2021 · United Kingdom