Rapid climatic changes in the western Antarctic Peninsula (WAP) have led to considerable changes in the meteoric freshwater input into the surrounding ocean, with implications for ocean circulation, the marine ecosystem and sea-level rise. In this study, we use the high-resolution Regional Atmospheric Climate Model RACMO2.3, coupled to a firn model, to assess the various contributions to the meteoric freshwater budget of the WAP for 1979–2014: precipitation (snowfall and rainfall), meltwater runoff to the ocean, and glacial discharge. Snowfall is the largest component in the atmospheric contribution to the freshwater budget, and exhibits large spatial and temporal variability. The highest snowfall rates are orographically forced and occur over the coastal regions of the WAP (>2000mm water equivalent (w.e.) y−1) and extend well onto the ocean up to the continental shelf break; a minimum (∼500mmw.e.y−1) is reached over the open ocean. Rainfall is an order of magnitude smaller, and strongly depends on latitude and season, being large in summer, when sea ice extent is at its minimum. For Antarctic standards, WAP surface meltwater production is relatively large (>50mmw.e.y−1), but a large fraction refreezes in the snowpack, limiting runoff. Only at a few more northerly locations is the meltwater predicted to run off into the ocean. In summer, we find a strong relationship of the freshwater fluxes with the Southern Annular Mode (SAM) index. When SAM is positive and occurs simultaneously with a La Niña event there are anomalously strong westerly winds and enhanced snowfall rates over the WAP mountains, Marguerite Bay and the Bellingshausen Sea. When SAM coincides with an El Niño event, winds are more northerly, reducing snowfall and increasing rainfall over the ocean, and enhancing orographic snowfall over the WAP mountains. Assuming balance between snow accumulation (mass gain) and glacial discharge (mass loss), the largest glacial discharge is found for the regions around Adelaide Island (10Gty−1), Anvers Island (8Gty−1) and southern Palmer Land (12Gty−1), while a minimum (<2Gty−1) is found in Marguerite Bay and the northern WAP. Glacial discharge is in the same order of magnitude as the direct freshwater input into the ocean from snowfall, but there are some local differences. The spatial patterns in the meteoric freshwater budget have consequences for local productivity and carbon drawdown in the coastal ocean.