Gross value added by component, area and year

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

Data values	Data description	Year	Area
46,091 [r]	Other £ million	2002	North West
32,580 [r]	Other £ million	2002	Yorkshire and the Humber
28,918 [r]	Other £ million	2002	East Midlands
35,300 [r]	Other £ million	2002	West Midlands
45,148 [r]	Other £ million	2002	East of England
94,477 [r]	Other £ million	2002	London
77,272 [r]	Other £ million	2002	South East
39,519 [r]	Other £ million	2002	South West
17,712 [r]	Other £ million	2002	Wales
35,388 [r]	Other £ million	2002	Scotland
11,805 [r]	Other £ million	2002	Northern Ireland
13,705	Other £ million	2002	Extra-regio
522,044 [t]	Other £ million	2003	UK
507,898 [t]	Other £ million	2003	UK excluding Extra-Regio
438,958 [r] [t]	Other £ million	2003	England
15,646 [r]	Other £ million	2003	North East
48,689 [r]	Other £ million	2003	North West
34,509 [r]	Other £ million	2003	Yorkshire and the Humber
30,283 [r]	Other £ million	2003	East Midlands
36,567 [r]	Other £ million	2003	West Midlands
47,886 [r]	Other £ million	2003	East of England
102,494 [r]	Other £ million	2003	London
81,543 [r]	Other £ million	2003	South East
41,341 [r]	Other £ million	2003	South West
18,597 [r]	Other £ million	2003	Wales
37,457 [r]	Other £ million	2003	Scotland
12,888 [r]	Other £ million	2003	Northern Ireland
14,146	Other £ million	2003	Extra-regio
536,560 [t]	Other £ million	2004	UK
521,178 [t]	Other £ million	2004	UK excluding Extra-Regio
449,534 [r] [t]	Other £ million	2004	England
16,645 [r]	Other £ million	2004	North East
49,579 [r]	Other £ million	2004	North West
35,185 [r]	Other £ million	2004	Yorkshire and the Humber
31,203 [r]	Other £ million	2004	East Midlands
37,560 [r]	Other £ million	2004	West Midlands
47,774 [r]	Other £ million	2004	East of England
106,749 [r]	Other £ million	2004	London
82,620 [r]	Other £ million	2004	South East
42,217 [r]	Other £ million	2004	South West
19,213 [r]	Other £ million	2004	Wales
39,190 [r]	Other £ million	2004	Scotland
13,244 [r]	Other £ million	2004	Northern Ireland
15,382	Other £ million	2004	Extra-regio
569,032 [t]	Other £ million	2005	UK
550,595 [t]	Other £ million	2005	UK excluding Extra-Regio
475,821 [r] [t]	Other £ million	2005	England
17,098 [r]	Other £ million	2005	North East
53,502 [r]	Other £ million	2005	North West
36,876 [r]	Other £ million	2005	Yorkshire and the Humber
31,753	Other £ million	2005	East Midlands
38,290 [r]	Other £ million	2005	West Midlands
50,242 [r]	Other £ million	2005	East of England
117,445 [r]	Other £ million	2005	London
87,102 [r]	Other £ million	2005	South East
43,514 [r]	Other £ million	2005	South West
19,668 [r]	Other £ million	2005	Wales
41,107 [r]	Other £ million	2005	Scotland
13,999 [r]	Other £ million	2005	Northern Ireland
18,437	Other £ million	2005	Extra-regio
594,725 [t]	Other £ million	2006	UK
575,746 [t]	Other £ million	2006	UK excluding Extra-Regio
495,449 [r] [t]	Other £ million	2006	England
17,955 [r]	Other £ million	2006	North East
56,237 [r]	Other £ million	2006	North West
38,341 [r]	Other £ million	2006	Yorkshire and the Humber
33,090 [r]	Other £ million	2006	East Midlands
39,567 [r]	Other £ million	2006	West Midlands
51,393 [r]	Other £ million	2006	East of England
123,930 [r]	Other £ million	2006	London
89,777 [r]	Other £ million	2006	South East
45,159 [r]	Other £ million	2006	South West
20,525 [r]	Other £ million	2006	Wales
44,911 [r]	Other £ million	2006	Scotland
14,863 [r]	Other £ million	2006	Northern Ireland
18,979	Other £ million	2006	Extra-regio
610,009 [t]	Other £ million	2007	UK
592,002 [t]	Other £ million	2007	UK excluding Extra-Regio
511,030 [r] [t]	Other £ million	2007	England
17,934 [r]	Other £ million	2007	North East
56,176 [r]	Other £ million	2007	North West
40,474 [r]	Other £ million	2007	Yorkshire and the Humber
33,547 [r]	Other £ million	2007	East Midlands
39,213 [r]	Other £ million	2007	West Midlands
52,495 [r]	Other £ million	2007	East of England
134,869 [r]	Other £ million	2007	London
90,701 [r]	Other £ million	2007	South East
45,619 [r]	Other £ million	2007	South West
20,817 [r]	Other £ million	2007	Wales
45,204 [r]	Other £ million	2007	Scotland
14,954 [r]	Other £ million	2007	Northern Ireland
18,007	Other £ million	2007	Extra-regio
646,267 [t]	Other £ million	2008	UK
623,594 [t]	Other £ million	2008	UK excluding Extra-Regio
539,266 [r] [t]	Other £ million	2008	England
18,031 [r]	Other £ million	2008	North East
58,387 [r]	Other £ million	2008	North West
41,501 [r]	Other £ million	2008	Yorkshire and the Humber
35,508 [r]	Other £ million	2008	East Midlands
41,580 [r]	Other £ million	2008	West Midlands

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Main information

• Most recent update: 24 September 2025
• Next update expected: April 2026
• Designation: Accredited official statistics
• Data provider: Office for National Statistics (ONS)
• Data source: Regional accounts
• 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 Wales and the UK into the components of compensation of employees, other, and statistical discrepancy, by area and year.

  • "Compensation of employees" comprises wages and salaries plus employers' social contributions.
  • "Other" comprises gross operating surplus and mixed income. It comprises elements such as company profits and surpluses, income from self-employment and rental income.
  • "Statistical discrepancy" is the statistical discrepancy between income components and balanced GVA.

  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:

  Data for the latest year is provisional and previous years’ data have been revised.

• Related reports:
  • Welsh Government - Regional gross domestic product and gross value added (English)
  • Welsh Government - Regional gross domestic product and gross value added (Welsh)
  • ONS - Regional economic activity by gross domestic product (English)
  • ONS - Regional economic activity by gross domestic product quality and methodology information (English)

Published by

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

Metadata

The metadata for this dataset is not included when you download the data. You can download this separately. This contains all the information from the 'About this dataset' tab.