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Statistics · Region
Wales: GDP per person
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
£29,316
+6.8%
since 2022
Regions of United Kingdom · 2023
11 of 12
Place 1 is the highest value.
since 2013
+41%
+3.4% a year on average
vs United Kingdom
−26%
United Kingdom: £39,845 · 2023
GDP per person, 1998 – 2023 GBP · Wales · United Kingdom
+41% since 2013
£10,000
£20,000
£30,000
£40,000
1998
2010
2015
2023
Wales
United Kingdom
Source: OECD Regional Database, 1998 – 2023
Compared with GDP per person · GBP
Wales
£29,316
United Kingdom
£39,845
Source: OECD Regional Database
The series at a glance Wales · 1998 – 2023
Latest value
£29,316 · 2023
First value
£12,790 · 1998
Highest
£29,316 · 2023
Lowest
£12,790 · 1998
Average change
+3.4% a year on average
Data points
26
By year
All years · 1998 – 2023
| Year | Wales | Change | United Kingdom |
|---|---|---|---|
| 2023 | £29,316 | +6.8% | £39,845 |
| 2022 | £27,451 | +8.3% | £37,372 |
| 2021 | £25,355 | +6.2% | £34,088 |
| 2020 | £23,883 | −6.4% | £31,491 |
| 2019 | £25,507 | +4.1% | £33,502 |
| 2018 | £24,495 | +3.5% | £32,447 |
| 2017 | £23,657 | +3.5% | £31,552 |
| 2016 | £22,852 | +4.0% | £30,343 |
| 2015 | £21,979 | +3.0% | £29,434 |
| 2014 | £21,336 | +2.7% | £28,816 |
| 2013 | £20,776 | +3.8% | £27,769 |
| 2012 | £20,011 | +2.9% | £26,896 |
| 2011 | £19,442 | +4.3% | £26,271 |
| 2010 | £18,649 | +3.2% | £25,630 |
| 2009 | £18,067 | −2.4% | £24,876 |
| 2008 | £18,513 | +0.2% | £25,776 |
| 2007 | £18,476 | +3.2% | £25,190 |
| 2006 | £17,898 | +4.7% | £24,200 |
| 2005 | £17,094 | +4.3% | £23,153 |
| 2004 | £16,388 | +5.3% | £22,062 |
| 2003 | £15,566 | +6.0% | £21,100 |
| 2002 | £14,690 | +3.9% | £20,070 |
| 2001 | £14,135 | +3.1% | £19,389 |
| 2000 | £13,709 | +4.4% | £18,693 |
| 1999 | £13,131 | +2.7% | £17,777 |
| 1998 | £12,790 | £17,076 |
Source: OECD Regional Database, 1998 – 2023
Ranking · Regions of United Kingdom
2012 · Place 1 is the highest value.
| # | Territory | GDP per person | |
|---|---|---|---|
| 1 | Greater London | £44,837 | |
| 2 | South East England | £29,108 | |
| 3 | Scotland | £25,408 | |
| 4 | South West England | £24,105 | |
| 5 | East of England | £23,888 | |
| 6 | North West England | £23,345 | |
| 7 | East Midlands | £21,945 | |
| 8 | West Midlands | £21,934 | |
| 9 | Yorkshire and The Humber | £21,738 | |
| 10 | Northern Ireland | £21,078 | |
| 11 | North East England | £20,587 | |
| 12 | Wales | £20,011 |
Source: OECD Regional Database, 2012
What it means
The value of everything produced here in a year, per resident — a broad measure of economic output.
How it is calculated
Gross domestic product at current prices divided by the population. In national currency, or US dollars where only international figures exist.
Economy & jobs
Wales in numbers
GDP per person (PPP)
US$43,924
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