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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Data description ( of 4 selected4 selectable options)

Year ( of 26 selected26 selectable options)

Area ( of 16 selected16 selectable options)


Data valuesData descriptionYearArea
0 [r]Statistical discrepancy £ million2001North West
0Statistical discrepancy £ million2001Yorkshire and the Humber
0 [r]Statistical discrepancy £ million2001East Midlands
0 [r]Statistical discrepancy £ million2001West Midlands
0Statistical discrepancy £ million2001East of England
0 [r]Statistical discrepancy £ million2001London
0 [r]Statistical discrepancy £ million2001South East
0Statistical discrepancy £ million2001South West
0 [r]Statistical discrepancy £ million2001Wales
0 [r]Statistical discrepancy £ million2001Scotland
0Statistical discrepancy £ million2001Northern Ireland
0 [r]Statistical discrepancy £ million2001Extra-regio
0 [r] [t]Statistical discrepancy £ million2002UK
0 [r] [t]Statistical discrepancy £ million2002UK excluding Extra-Regio
0 [r] [t]Statistical discrepancy £ million2002England
0 [r]Statistical discrepancy £ million2002North East
0 [r]Statistical discrepancy £ million2002North West
0Statistical discrepancy £ million2002Yorkshire and the Humber
0 [r]Statistical discrepancy £ million2002East Midlands
0Statistical discrepancy £ million2002West Midlands
0 [r]Statistical discrepancy £ million2002East of England
0 [r]Statistical discrepancy £ million2002London
0 [r]Statistical discrepancy £ million2002South East
0Statistical discrepancy £ million2002South West
0 [r]Statistical discrepancy £ million2002Wales
0Statistical discrepancy £ million2002Scotland
0Statistical discrepancy £ million2002Northern Ireland
0Statistical discrepancy £ million2002Extra-regio
0 [t]Statistical discrepancy £ million2003UK
0 [t]Statistical discrepancy £ million2003UK excluding Extra-Regio
0 [r] [t]Statistical discrepancy £ million2003England
0 [r]Statistical discrepancy £ million2003North East
0 [r]Statistical discrepancy £ million2003North West
0 [r]Statistical discrepancy £ million2003Yorkshire and the Humber
0Statistical discrepancy £ million2003East Midlands
0 [r]Statistical discrepancy £ million2003West Midlands
0 [r]Statistical discrepancy £ million2003East of England
0 [r]Statistical discrepancy £ million2003London
0 [r]Statistical discrepancy £ million2003South East
0 [r]Statistical discrepancy £ million2003South West
0 [r]Statistical discrepancy £ million2003Wales
0 [r]Statistical discrepancy £ million2003Scotland
0 [r]Statistical discrepancy £ million2003Northern Ireland
0Statistical discrepancy £ million2003Extra-regio
0 [r] [t]Statistical discrepancy £ million2004UK
0 [r] [t]Statistical discrepancy £ million2004UK excluding Extra-Regio
0 [r] [t]Statistical discrepancy £ million2004England
0 [r]Statistical discrepancy £ million2004North East
0 [r]Statistical discrepancy £ million2004North West
0 [r]Statistical discrepancy £ million2004Yorkshire and the Humber
0 [r]Statistical discrepancy £ million2004East Midlands
0 [r]Statistical discrepancy £ million2004West Midlands
0 [r]Statistical discrepancy £ million2004East of England
0 [r]Statistical discrepancy £ million2004London
0 [r]Statistical discrepancy £ million2004South East
0 [r]Statistical discrepancy £ million2004South West
0 [r]Statistical discrepancy £ million2004Wales
0 [r]Statistical discrepancy £ million2004Scotland
0 [r]Statistical discrepancy £ million2004Northern Ireland
0Statistical discrepancy £ million2004Extra-regio
0 [t]Statistical discrepancy £ million2005UK
0 [r] [t]Statistical discrepancy £ million2005UK excluding Extra-Regio
0 [t]Statistical discrepancy £ million2005England
0Statistical discrepancy £ million2005North East
0Statistical discrepancy £ million2005North West
0Statistical discrepancy £ million2005Yorkshire and the Humber
0Statistical discrepancy £ million2005East Midlands
0 [r]Statistical discrepancy £ million2005West Midlands
0Statistical discrepancy £ million2005East of England
0 [r]Statistical discrepancy £ million2005London
0 [r]Statistical discrepancy £ million2005South East
0 [r]Statistical discrepancy £ million2005South West
0Statistical discrepancy £ million2005Wales
0 [r]Statistical discrepancy £ million2005Scotland
0 [r]Statistical discrepancy £ million2005Northern Ireland
0 [r]Statistical discrepancy £ million2005Extra-regio
0 [t]Statistical discrepancy £ million2006UK
0 [t]Statistical discrepancy £ million2006UK excluding Extra-Regio
0 [t]Statistical discrepancy £ million2006England
0 [r]Statistical discrepancy £ million2006North East
0 [r]Statistical discrepancy £ million2006North West
0 [r]Statistical discrepancy £ million2006Yorkshire and the Humber
0 [r]Statistical discrepancy £ million2006East Midlands
0 [r]Statistical discrepancy £ million2006West Midlands
0 [r]Statistical discrepancy £ million2006East of England
0Statistical discrepancy £ million2006London
0 [r]Statistical discrepancy £ million2006South East
0 [r]Statistical discrepancy £ million2006South West
0 [r]Statistical discrepancy £ million2006Wales
0Statistical discrepancy £ million2006Scotland
0 [r]Statistical discrepancy £ million2006Northern Ireland
0Statistical discrepancy £ million2006Extra-regio
0 [t]Statistical discrepancy £ million2007UK
0 [r] [t]Statistical discrepancy £ million2007UK excluding Extra-Regio
0 [r] [t]Statistical discrepancy £ million2007England
0 [r]Statistical discrepancy £ million2007North East
0 [r]Statistical discrepancy £ million2007North West
0Statistical discrepancy £ million2007Yorkshire and the Humber
0 [r]Statistical discrepancy £ million2007East Midlands
0Statistical discrepancy £ million2007West Midlands
Showing 1,301 to 1,400 of 1,664 rows
Page 14 of 17

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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