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Statistics · Region
Wales: GDP per person
1998 – 2024 · 27 data points
11 of 12 · Regions of United Kingdom
Updated 12 Nov 2026
Source: OECD Regional Database, 1998 – 2024
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Latest value · 2024
£31,484
+3.8%
since 2023
Regions of United Kingdom · 2024
11 of 12
Place 1 is the highest value.
since 2014
+46%
+3.5% a year on average
vs United Kingdom
−24%
United Kingdom: £41,627 · 2024
GDP per person, 1998 – 2024 GBP · Wales · United Kingdom
+46% since 2014
£10,000
£20,000
£30,000
£40,000
£50,000
1998
2010
2015
2024
Wales
United Kingdom
Source: OECD Regional Database, 1998 – 2024
Compared with GDP per person · GBP
Wales
£31,484
United Kingdom
£41,627
Source: OECD Regional Database
The series at a glance Wales · 1998 – 2024
Latest value
£31,484 · 2024
First value
£12,839 · 1998
Highest
£31,484 · 2024
Lowest
£12,839 · 1998
Average change
+3.5% a year on average
Data points
27
By year
All years · 1998 – 2024
| Year | Wales | Change | United Kingdom |
|---|---|---|---|
| 2024 | £31,484 | +3.8% | £41,627 |
| 2023 | £30,340 | +7.3% | £40,162 |
| 2022 | £28,277 | +9.6% | £38,159 |
| 2021 | £25,803 | +7.2% | £34,678 |
| 2020 | £24,079 | −6.6% | £31,836 |
| 2019 | £25,794 | +4.4% | £33,814 |
| 2018 | £24,698 | +3.7% | £32,760 |
| 2017 | £23,807 | +3.5% | £31,793 |
| 2016 | £23,011 | +3.7% | £30,558 |
| 2015 | £22,187 | +2.9% | £29,622 |
| 2014 | £21,559 | +2.9% | £29,017 |
| 2013 | £20,946 | +3.8% | £27,894 |
| 2012 | £20,178 | +3.1% | £27,024 |
| 2011 | £19,566 | +4.2% | £26,388 |
| 2010 | £18,776 | +3.0% | £25,746 |
| 2009 | £18,235 | −2.0% | £25,046 |
| 2008 | £18,612 | +0.3% | £25,916 |
| 2007 | £18,556 | +3.4% | £25,306 |
| 2006 | £17,940 | +4.8% | £24,300 |
| 2005 | £17,118 | +4.1% | £23,228 |
| 2004 | £16,440 | +5.4% | £22,137 |
| 2003 | £15,598 | +5.9% | £21,170 |
| 2002 | £14,727 | +3.8% | £20,124 |
| 2001 | £14,194 | +3.2% | £19,463 |
| 2000 | £13,750 | +4.4% | £18,761 |
| 1999 | £13,174 | +2.6% | £17,836 |
| 1998 | £12,839 | £17,149 |
Source: OECD Regional Database, 1998 – 2024
Ranking · Regions of United Kingdom
2020 · Place 1 is the highest value.
| # | Territory | GDP per person | |
|---|---|---|---|
| 1 | Greater London | £53,374 | |
| 2 | South East England | £35,210 | |
| 3 | Scotland | £29,668 | |
| 4 | East of England | £28,978 | |
| 5 | North West England | £28,494 | |
| 6 | South West England | £28,097 | |
| 7 | East Midlands | £25,720 | |
| 8 | West Midlands | £25,699 | |
| 9 | Yorkshire and The Humber | £25,661 | |
| 10 | Northern Ireland | £25,365 | |
| 11 | Wales | £24,079 | |
| 12 | North East England | £23,151 |
Source: OECD Regional Database, 2020
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$46,343
2024
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$29,869
2023
Income inequality (Gini)
32.4
2021 · United Kingdom