Gross value added by area and year

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Standard shorthand is used in this table: [p] = provisional, [t] = total.

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Data valuesData descriptionYearArea
2,434,407 [p] [t]GVA (balanced) £ million2023UK excluding Extra-Regio
2,113,338 [p] [t]GVA (balanced) £ million2023England
68,891 [p]GVA (balanced) £ million2023North East
243,386 [p]GVA (balanced) £ million2023North West
163,826 [p]GVA (balanced) £ million2023Yorkshire and the Humber
139,722 [p]GVA (balanced) £ million2023East Midlands
174,608 [p]GVA (balanced) £ million2023West Midlands
205,310 [p]GVA (balanced) £ million2023East of England
577,141 [p]GVA (balanced) £ million2023London
354,501 [p]GVA (balanced) £ million2023South East
185,952 [p]GVA (balanced) £ million2023South West
81,458 [p] [t]GVA (balanced) £ million2023Wales
18,957 [p] [t]GVA (balanced) £ million2023North Wales
1,455 [p]GVA (balanced) £ million2023Isle of Anglesey
2,842 [p]GVA (balanced) £ million2023Gwynedd
4,573 [p]GVA (balanced) £ million2023Conwy and Denbighshire
10,088 [p]GVA (balanced) £ million2023Flintshire and Wrexham
20,869 [p] [t]GVA (balanced) £ million2023Mid and South West Wales
4,468 [p]GVA (balanced) £ million2023Mid Wales
7,167 [p]GVA (balanced) £ million2023South West Wales
6,417 [p]GVA (balanced) £ million2023Swansea
2,817 [p]GVA (balanced) £ million2023Neath Port Talbot
41,632 [p] [t]GVA (balanced) £ million2023South East Wales
9,901 [p]GVA (balanced) £ million2023Central Valleys and Bridgend
17,742 [p]GVA (balanced) £ million2023Cardiff and Vale of Glamorgan
6,655 [p]GVA (balanced) £ million2023Gwent Valleys
7,334 [p]GVA (balanced) £ million2023Monmouthshire and Newport
183,471 [p]GVA (balanced) £ million2023Scotland
56,141 [p]GVA (balanced) £ million2023Northern Ireland
2,228,798 [t]GVA (balanced) £ million2022UK excluding Extra-Regio
1,936,254 [t]GVA (balanced) £ million2022England
62,364GVA (balanced) £ million2022North East
221,845GVA (balanced) £ million2022North West
150,684GVA (balanced) £ million2022Yorkshire and the Humber
128,254GVA (balanced) £ million2022East Midlands
158,960GVA (balanced) £ million2022West Midlands
187,608GVA (balanced) £ million2022East of England
529,771GVA (balanced) £ million2022London
326,144GVA (balanced) £ million2022South East
170,624GVA (balanced) £ million2022South West
74,977 [t]GVA (balanced) £ million2022Wales
17,093 [t]GVA (balanced) £ million2022North Wales
1,378GVA (balanced) £ million2022Isle of Anglesey
2,616GVA (balanced) £ million2022Gwynedd
4,145GVA (balanced) £ million2022Conwy and Denbighshire
8,953GVA (balanced) £ million2022Flintshire and Wrexham
19,480 [t]GVA (balanced) £ million2022Mid and South West Wales
4,062GVA (balanced) £ million2022Mid Wales
6,842GVA (balanced) £ million2022South West Wales
5,904GVA (balanced) £ million2022Swansea
2,672GVA (balanced) £ million2022Neath Port Talbot
38,404 [t]GVA (balanced) £ million2022South East Wales
9,285GVA (balanced) £ million2022Central Valleys and Bridgend
16,275GVA (balanced) £ million2022Cardiff and Vale of Glamorgan
6,089GVA (balanced) £ million2022Gwent Valleys
6,754GVA (balanced) £ million2022Monmouthshire and Newport
166,866GVA (balanced) £ million2022Scotland
50,701GVA (balanced) £ million2022Northern Ireland
2,029,101 [t]GVA (balanced) £ million2021UK excluding Extra-Regio
1,762,223 [t]GVA (balanced) £ million2021England
57,240GVA (balanced) £ million2021North East
199,341GVA (balanced) £ million2021North West
137,374GVA (balanced) £ million2021Yorkshire and the Humber
118,965GVA (balanced) £ million2021East Midlands
146,778GVA (balanced) £ million2021West Midlands
173,622GVA (balanced) £ million2021East of England
468,464GVA (balanced) £ million2021London
303,748GVA (balanced) £ million2021South East
156,691GVA (balanced) £ million2021South West
68,348 [t]GVA (balanced) £ million2021Wales
15,529 [t]GVA (balanced) £ million2021North Wales
1,145GVA (balanced) £ million2021Isle of Anglesey
2,426GVA (balanced) £ million2021Gwynedd
3,824GVA (balanced) £ million2021Conwy and Denbighshire
8,133GVA (balanced) £ million2021Flintshire and Wrexham
17,542 [t]GVA (balanced) £ million2021Mid and South West Wales
3,685GVA (balanced) £ million2021Mid Wales
5,774GVA (balanced) £ million2021South West Wales
5,508GVA (balanced) £ million2021Swansea
2,575GVA (balanced) £ million2021Neath Port Talbot
35,277 [t]GVA (balanced) £ million2021South East Wales
8,542GVA (balanced) £ million2021Central Valleys and Bridgend
14,928GVA (balanced) £ million2021Cardiff and Vale of Glamorgan
5,670GVA (balanced) £ million2021Gwent Valleys
6,136GVA (balanced) £ million2021Monmouthshire and Newport
151,916GVA (balanced) £ million2021Scotland
46,614GVA (balanced) £ million2021Northern Ireland
1,884,947 [t]GVA (balanced) £ million2020UK excluding Extra-Regio
1,636,307 [t]GVA (balanced) £ million2020England
52,695GVA (balanced) £ million2020North East
185,588GVA (balanced) £ million2020North West
123,567GVA (balanced) £ million2020Yorkshire and the Humber
110,619GVA (balanced) £ million2020East Midlands
135,792GVA (balanced) £ million2020West Midlands
159,982GVA (balanced) £ million2020East of England
435,749GVA (balanced) £ million2020London
291,483GVA (balanced) £ million2020South East
140,831GVA (balanced) £ million2020South West
65,096 [t]GVA (balanced) £ million2020Wales
14,489 [t]GVA (balanced) £ million2020North Wales
Showing 1 to 100 of 2,262 rows
Page 1 of 23

Next update expected:April 2026

Updates

24th September 2025
Dataset first published.

Main information

Designation
Accredited official statistics
Data provider 1
Office for National Statistics (ONS)
Data source 1
No specific source from data provider
Data provider 2
Office for National Statistics (ONS)
Data source 2
Regional accounts
Time period covered
January 1998 to December 2023

Overview

Summary of dataset and variables

Gross Value Added (GVA) estimates the total output of an economy. This dataset provides a breakdown of GVA for the International Territorial Level (ITL) regions, by year.

Three different measures are available for each area, namely the GVA amounts in £ million, GVA per head, and GVA per head indexed to UK = 100.

Under the European System of Accounts 1995 (ESA95), the term Gross Value Added (GVA) is used to denote estimates that were previously known as Gross Domestic Product (GDP) at basic prices. Under ESA95 the term GDP denotes GVA plus taxes (less subsidies) on products i.e. at market prices. Regional Accounts publish figures at basic prices so have adopted the term GVA rather than GDP.

Data collection or calculation

Regional GVA is calculated at current basic prices using the balanced approach.

Statistical quality

Sub-regional GVA is measured in current prices, which means that increases over time reflect inflation as well as real growth. Trends in total GVA cannot be analysed easily without deflating the data. For analysing trends in GVA, we would advise using the chained volume measures published by ONS.

Estimates of sub-regional GVA at basic prices presented here are consistent with the 2024 edition of UK National Accounts - The Blue Book.

Revisions information:

In 2025, ONS updated the International Territorial Levels (ITL) geography framework. This has led to changes to the sub-region classifications for Wales at the ITL2 and ITL3 levels.

As such, we are unable to indicate which data have been revised from the 2024 update, revision notes will be reinstated with the 2026 publication.

Related reports

Published by

Organisation
Welsh Government
Contact email
economic.stats@gov.wales

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