Gross value added by area and year

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

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Data description ( of 3 selected3 selectable options)

Year ( of 26 selected26 selectable options)

Area ( of 29 selected29 selectable options)


Data valuesData descriptionYearArea
55.9Index (UK = 100)2021Gwent Valleys
80.2Index (UK = 100)2021Monmouthshire and Newport
91.6Index (UK = 100)2021Scotland
80.9Index (UK = 100)2021Northern Ireland
100.0 [t]Index (UK = 100)2022UK excluding Extra-Regio
102.8 [t]Index (UK = 100)2022England
70.5Index (UK = 100)2022North East
89.5Index (UK = 100)2022North West
82.5Index (UK = 100)2022Yorkshire and the Humber
78.8Index (UK = 100)2022East Midlands
80.1Index (UK = 100)2022West Midlands
88.9Index (UK = 100)2022East of England
181.2Index (UK = 100)2022London
105.4Index (UK = 100)2022South East
89.7Index (UK = 100)2022South West
72.6 [t]Index (UK = 100)2022Wales
75.3 [t]Index (UK = 100)2022North Wales
60.5Index (UK = 100)2022Isle of Anglesey
67.3Index (UK = 100)2022Gwynedd
59.6Index (UK = 100)2022Conwy and Denbighshire
93.4Index (UK = 100)2022Flintshire and Wrexham
65.4 [t]Index (UK = 100)2022Mid and South West Wales
59.9Index (UK = 100)2022Mid Wales
66.2Index (UK = 100)2022South West Wales
74.0Index (UK = 100)2022Swansea
57.0Index (UK = 100)2022Neath Port Talbot
75.6 [t]Index (UK = 100)2022South East Wales
63.4Index (UK = 100)2022Central Valleys and Bridgend
97.8Index (UK = 100)2022Cardiff and Vale of Glamorgan
55.0Index (UK = 100)2022Gwent Valleys
80.2Index (UK = 100)2022Monmouthshire and Newport
92.9Index (UK = 100)2022Scotland
80.5Index (UK = 100)2022Northern Ireland
100.0 [p] [t]Index (UK = 100)2023UK excluding Extra-Regio
102.7 [p] [t]Index (UK = 100)2023England
71.2 [p]Index (UK = 100)2023North East
89.8 [p]Index (UK = 100)2023North West
82.1 [p]Index (UK = 100)2023Yorkshire and the Humber
78.5 [p]Index (UK = 100)2023East Midlands
80.5 [p]Index (UK = 100)2023West Midlands
89.0 [p]Index (UK = 100)2023East of England
180.9 [p]Index (UK = 100)2023London
104.8 [p]Index (UK = 100)2023South East
89.7 [p]Index (UK = 100)2023South West
72.2 [p] [t]Index (UK = 100)2023Wales
76.8 [p] [t]Index (UK = 100)2023North Wales
58.9 [p]Index (UK = 100)2023Isle of Anglesey
66.9 [p]Index (UK = 100)2023Gwynedd
60.6 [p]Index (UK = 100)2023Conwy and Denbighshire
96.9 [p]Index (UK = 100)2023Flintshire and Wrexham
64.2 [p] [t]Index (UK = 100)2023Mid and South West Wales
60.4 [p]Index (UK = 100)2023Mid Wales
63.8 [p]Index (UK = 100)2023South West Wales
72.9 [p]Index (UK = 100)2023Swansea
55.3 [p]Index (UK = 100)2023Neath Port Talbot
74.8 [p] [t]Index (UK = 100)2023South East Wales
62.2 [p]Index (UK = 100)2023Central Valleys and Bridgend
96.0 [p]Index (UK = 100)2023Cardiff and Vale of Glamorgan
55.3 [p]Index (UK = 100)2023Gwent Valleys
79.6 [p]Index (UK = 100)2023Monmouthshire and Newport
93.7 [p]Index (UK = 100)2023Scotland
82.0 [p]Index (UK = 100)2023Northern Ireland
Showing 2,201 to 2,262 of 2,262 rows
Page 23 of 23

Main information

Most recent update
24 September 2025
Next update expected
April 2026
Designation
Accredited official statistics
Data provider 1
Office for National Statistics (ONS)
Data source 1
Regional accounts
Data provider 2
Office for National Statistics (ONS)
Data source 2
No specific source from data provider
Time period covered
January 1998 to December 2023

Data notes

Rounding applied

Figures are rounded and so there may be some apparent slight discrepancies between the sum of constituent items and the totals as shown.

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.

Published by

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

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