Gross value added by component, area and year

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

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Year ( of 26 selected26 selectable options)

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Data valuesData descriptionYearArea
55,959 [r]Other £ million2008East of England
140,765 [r]Other £ million2008London
98,395 [r]Other £ million2008South East
49,136 [r]Other £ million2008South West
21,074 [r]Other £ million2008Wales
48,442 [r]Other £ million2008Scotland
14,813 [r]Other £ million2008Northern Ireland
22,673Other £ million2008Extra-regio
623,120 [t]Other £ million2009UK
608,880 [t]Other £ million2009UK excluding Extra-Regio
526,209 [r] [t]Other £ million2009England
18,049 [r]Other £ million2009North East
58,365 [r]Other £ million2009North West
40,244Other £ million2009Yorkshire and the Humber
33,511 [r]Other £ million2009East Midlands
39,451 [r]Other £ million2009West Midlands
54,178 [r]Other £ million2009East of England
139,802 [r]Other £ million2009London
94,921 [r]Other £ million2009South East
47,682 [r]Other £ million2009South West
20,452 [r]Other £ million2009Wales
48,000 [r]Other £ million2009Scotland
14,218 [r]Other £ million2009Northern Ireland
14,240Other £ million2009Extra-regio
642,177 [r] [t]Other £ million2010UK
622,833 [r] [t]Other £ million2010UK excluding Extra-Regio
539,851 [r] [t]Other £ million2010England
18,345 [r]Other £ million2010North East
59,734 [r]Other £ million2010North West
40,465 [r]Other £ million2010Yorkshire and the Humber
34,070 [r]Other £ million2010East Midlands
40,831 [r]Other £ million2010West Midlands
54,978 [r]Other £ million2010East of England
145,231 [r]Other £ million2010London
97,182 [r]Other £ million2010South East
49,017 [r]Other £ million2010South West
20,944 [r]Other £ million2010Wales
47,835 [r]Other £ million2010Scotland
14,203 [r]Other £ million2010Northern Ireland
19,344Other £ million2010Extra-regio
660,117 [t]Other £ million2011UK
638,652 [t]Other £ million2011UK excluding Extra-Regio
553,031 [r] [t]Other £ million2011England
18,841 [r]Other £ million2011North East
60,766 [r]Other £ million2011North West
40,858Other £ million2011Yorkshire and the Humber
34,946 [r]Other £ million2011East Midlands
42,711 [r]Other £ million2011West Midlands
54,935 [r]Other £ million2011East of England
148,959 [r]Other £ million2011London
101,080 [r]Other £ million2011South East
49,932 [r]Other £ million2011South West
21,856 [r]Other £ million2011Wales
49,470 [r]Other £ million2011Scotland
14,297 [r]Other £ million2011Northern Ireland
21,465Other £ million2011Extra-regio
691,842 [t]Other £ million2012UK
673,312 [t]Other £ million2012UK excluding Extra-Regio
583,248 [r] [t]Other £ million2012England
19,862 [r]Other £ million2012North East
63,094 [r]Other £ million2012North West
42,566 [r]Other £ million2012Yorkshire and the Humber
37,006 [r]Other £ million2012East Midlands
45,294 [r]Other £ million2012West Midlands
57,791 [r]Other £ million2012East of England
158,840 [r]Other £ million2012London
106,499 [r]Other £ million2012South East
52,294 [r]Other £ million2012South West
23,042 [r]Other £ million2012Wales
51,913 [r]Other £ million2012Scotland
15,109 [r]Other £ million2012Northern Ireland
18,530Other £ million2012Extra-regio
716,909 [t]Other £ million2013UK
699,936 [t]Other £ million2013UK excluding Extra-Regio
605,288 [r] [t]Other £ million2013England
19,825 [r]Other £ million2013North East
64,566 [r]Other £ million2013North West
43,022 [r]Other £ million2013Yorkshire and the Humber
38,606 [r]Other £ million2013East Midlands
47,146 [r]Other £ million2013West Midlands
60,113 [r]Other £ million2013East of England
168,172 [r]Other £ million2013London
110,138 [r]Other £ million2013South East
53,701 [r]Other £ million2013South West
24,130 [r]Other £ million2013Wales
54,752 [r]Other £ million2013Scotland
15,768 [r]Other £ million2013Northern Ireland
16,973Other £ million2013Extra-regio
765,896 [t]Other £ million2014UK
752,959 [t]Other £ million2014UK excluding Extra-Regio
653,564 [r] [t]Other £ million2014England
20,975 [r]Other £ million2014North East
68,431 [r]Other £ million2014North West
45,222 [r]Other £ million2014Yorkshire and the Humber
41,289Other £ million2014East Midlands
51,139Other £ million2014West Midlands
64,326 [r]Other £ million2014East of England
188,008 [r]Other £ million2014London
116,805Other £ million2014South East
57,367 [r]Other £ million2014South West
Showing 1,001 to 1,100 of 1,664 rows
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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.

Published by

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

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