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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Year ( of 26 selected26 selectable options)

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Area ( of 29 selected29 selectable options)

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Data valuesData descriptionYearArea
2,434,407 [p] [t]GVA (balanced) £ million2023UK excluding Extra-Regio
2,228,798 [t]GVA (balanced) £ million2022UK excluding Extra-Regio
2,113,338 [p] [t]GVA (balanced) £ million2023England
2,029,101 [t]GVA (balanced) £ million2021UK excluding Extra-Regio
1,977,202 [t]GVA (balanced) £ million2019UK excluding Extra-Regio
1,936,254 [t]GVA (balanced) £ million2022England
1,900,108 [t]GVA (balanced) £ million2018UK excluding Extra-Regio
1,884,947 [t]GVA (balanced) £ million2020UK excluding Extra-Regio
1,842,009 [t]GVA (balanced) £ million2017UK excluding Extra-Regio
1,764,123 [t]GVA (balanced) £ million2016UK excluding Extra-Regio
1,762,223 [t]GVA (balanced) £ million2021England
1,715,803 [t]GVA (balanced) £ million2019England
1,698,525 [t]GVA (balanced) £ million2015UK excluding Extra-Regio
1,649,785 [t]GVA (balanced) £ million2018England
1,643,112 [t]GVA (balanced) £ million2014UK excluding Extra-Regio
1,636,307 [t]GVA (balanced) £ million2020England
1,597,758 [t]GVA (balanced) £ million2017England
1,568,070 [t]GVA (balanced) £ million2013UK excluding Extra-Regio
1,530,398 [t]GVA (balanced) £ million2016England
1,508,290 [t]GVA (balanced) £ million2012UK excluding Extra-Regio
1,471,488 [t]GVA (balanced) £ million2015England
1,458,138 [t]GVA (balanced) £ million2011UK excluding Extra-Regio
1,425,050 [t]GVA (balanced) £ million2010UK excluding Extra-Regio
1,420,681 [t]GVA (balanced) £ million2014England
1,415,110 [t]GVA (balanced) £ million2008UK excluding Extra-Regio
1,391,616 [t]GVA (balanced) £ million2009UK excluding Extra-Regio
1,367,553 [t]GVA (balanced) £ million2007UK excluding Extra-Regio
1,353,914 [t]GVA (balanced) £ million2013England
1,302,547 [t]GVA (balanced) £ million2006UK excluding Extra-Regio
1,302,471 [t]GVA (balanced) £ million2012England
1,258,947 [t]GVA (balanced) £ million2011England
1,237,594 [t]GVA (balanced) £ million2005UK excluding Extra-Regio
1,231,285 [t]GVA (balanced) £ million2010England
1,220,682 [t]GVA (balanced) £ million2008England
1,198,631 [t]GVA (balanced) £ million2009England
1,179,105 [t]GVA (balanced) £ million2007England
1,170,386 [t]GVA (balanced) £ million2004UK excluding Extra-Regio
1,121,273 [t]GVA (balanced) £ million2006England
1,115,143 [t]GVA (balanced) £ million2003UK excluding Extra-Regio
1,066,852 [t]GVA (balanced) £ million2005England
1,054,818 [t]GVA (balanced) £ million2002UK excluding Extra-Regio
1,011,368 [t]GVA (balanced) £ million2001UK excluding Extra-Regio
1,008,505 [t]GVA (balanced) £ million2004England
967,452 [t]GVA (balanced) £ million2000UK excluding Extra-Regio
962,600 [t]GVA (balanced) £ million2003England
922,815 [t]GVA (balanced) £ million1999UK excluding Extra-Regio
911,524 [t]GVA (balanced) £ million2002England
887,891 [t]GVA (balanced) £ million1998UK excluding Extra-Regio
873,632 [t]GVA (balanced) £ million2001England
836,156 [t]GVA (balanced) £ million2000England
797,663 [t]GVA (balanced) £ million1999England
765,553 [t]GVA (balanced) £ million1998England
577,141 [p]GVA (balanced) £ million2023London
529,771GVA (balanced) £ million2022London
472,257GVA (balanced) £ million2019London
468,464GVA (balanced) £ million2021London
457,797GVA (balanced) £ million2018London
441,034GVA (balanced) £ million2017London
435,749GVA (balanced) £ million2020London
425,828GVA (balanced) £ million2016London
400,610GVA (balanced) £ million2015London
386,936GVA (balanced) £ million2014London
362,515GVA (balanced) £ million2013London
354,501 [p]GVA (balanced) £ million2023South East
344,979GVA (balanced) £ million2012London
331,055GVA (balanced) £ million2011London
326,144GVA (balanced) £ million2022South East
319,155GVA (balanced) £ million2010London
311,931GVA (balanced) £ million2008London
307,243GVA (balanced) £ million2009London
303,748GVA (balanced) £ million2021South East
303,485GVA (balanced) £ million2007London
296,235GVA (balanced) £ million2019South East
291,483GVA (balanced) £ million2020South East
280,390GVA (balanced) £ million2018South East
279,614GVA (balanced) £ million2006London
270,866GVA (balanced) £ million2017South East
263,752GVA (balanced) £ million2005London
261,020GVA (balanced) £ million2016South East
255,027GVA (balanced) £ million2015South East
245,399GVA (balanced) £ million2014South East
243,884GVA (balanced) £ million2004London
243,386 [p]GVA (balanced) £ million2023North West
235,678GVA (balanced) £ million2013South East
232,216GVA (balanced) £ million2003London
227,513GVA (balanced) £ million2012South East
221,845GVA (balanced) £ million2022North West
219,779GVA (balanced) £ million2011South East
219,404GVA (balanced) £ million2002London
213,782GVA (balanced) £ million2010South East
212,321GVA (balanced) £ million2008South East
211,431GVA (balanced) £ million2001London
208,306GVA (balanced) £ million2009South East
205,310 [p]GVA (balanced) £ million2023East of England
204,138GVA (balanced) £ million2000London
201,171GVA (balanced) £ million2007South East
199,341GVA (balanced) £ million2021North West
192,653GVA (balanced) £ million2006South East
190,043GVA (balanced) £ million2019North West
189,934GVA (balanced) £ million1999London
Showing 1 to 100 of 2,262 rows
Page 1 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.

Related reports

Published by

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

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