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
32,629 [r]Compensation of employees £ million2015Wales
73,430 [r]Compensation of employees £ million2015Scotland
19,371 [r]Compensation of employees £ million2015Northern Ireland
4,504Compensation of employees £ million2015Extra-regio
961,615 [t]Compensation of employees £ million2016UK
957,489 [r] [t]Compensation of employees £ million2016UK excluding Extra-Regio
826,989 [r] [t]Compensation of employees £ million2016England
29,620 [r]Compensation of employees £ million2016North East
94,624 [r]Compensation of employees £ million2016North West
66,520 [r]Compensation of employees £ million2016Yorkshire and the Humber
57,871 [r]Compensation of employees £ million2016East Midlands
73,452 [r]Compensation of employees £ million2016West Midlands
78,767 [r]Compensation of employees £ million2016East of England
218,729 [r]Compensation of employees £ million2016London
136,821 [r]Compensation of employees £ million2016South East
70,586 [r]Compensation of employees £ million2016South West
34,506 [r]Compensation of employees £ million2016Wales
75,308 [r]Compensation of employees £ million2016Scotland
20,687 [r]Compensation of employees £ million2016Northern Ireland
4,126 [r]Compensation of employees £ million2016Extra-regio
999,375 [t]Compensation of employees £ million2017UK
995,581 [r] [t]Compensation of employees £ million2017UK excluding Extra-Regio
860,394 [r] [t]Compensation of employees £ million2017England
30,424 [r]Compensation of employees £ million2017North East
99,274 [r]Compensation of employees £ million2017North West
69,032 [r]Compensation of employees £ million2017Yorkshire and the Humber
59,774 [r]Compensation of employees £ million2017East Midlands
76,741 [r]Compensation of employees £ million2017West Midlands
83,339 [r]Compensation of employees £ million2017East of England
227,653 [r]Compensation of employees £ million2017London
140,538 [r]Compensation of employees £ million2017South East
73,618 [r]Compensation of employees £ million2017South West
35,280 [r]Compensation of employees £ million2017Wales
77,939 [r]Compensation of employees £ million2017Scotland
21,969 [r]Compensation of employees £ million2017Northern Ireland
3,794 [r]Compensation of employees £ million2017Extra-regio
1,041,955 [t]Compensation of employees £ million2018UK
1,038,055 [r] [t]Compensation of employees £ million2018UK excluding Extra-Regio
897,810 [r] [t]Compensation of employees £ million2018England
31,424 [r]Compensation of employees £ million2018North East
105,004 [r]Compensation of employees £ million2018North West
71,990 [r]Compensation of employees £ million2018Yorkshire and the Humber
62,689 [r]Compensation of employees £ million2018East Midlands
80,505 [r]Compensation of employees £ million2018West Midlands
86,591 [r]Compensation of employees £ million2018East of England
237,577 [r]Compensation of employees £ million2018London
145,692 [r]Compensation of employees £ million2018South East
76,338 [r]Compensation of employees £ million2018South West
36,738 [r]Compensation of employees £ million2018Wales
80,733 [r]Compensation of employees £ million2018Scotland
22,774 [r]Compensation of employees £ million2018Northern Ireland
3,900 [r]Compensation of employees £ million2018Extra-regio
1,087,539 [t]Compensation of employees £ million2019UK
1,083,888 [r] [t]Compensation of employees £ million2019UK excluding Extra-Regio
937,113 [r] [t]Compensation of employees £ million2019England
33,001 [r]Compensation of employees £ million2019North East
110,858 [r]Compensation of employees £ million2019North West
74,592 [r]Compensation of employees £ million2019Yorkshire and the Humber
65,074 [r]Compensation of employees £ million2019East Midlands
82,544 [r]Compensation of employees £ million2019West Midlands
90,386 [r]Compensation of employees £ million2019East of England
248,287 [r]Compensation of employees £ million2019London
153,113 [r]Compensation of employees £ million2019South East
79,258 [r]Compensation of employees £ million2019South West
38,692 [r]Compensation of employees £ million2019Wales
84,102 [r]Compensation of employees £ million2019Scotland
23,981 [r]Compensation of employees £ million2019Northern Ireland
3,651 [r]Compensation of employees £ million2019Extra-regio
1,092,718 [r] [t]Compensation of employees £ million2020UK
1,089,231 [r] [t]Compensation of employees £ million2020UK excluding Extra-Regio
939,868 [r] [t]Compensation of employees £ million2020England
33,168 [r]Compensation of employees £ million2020North East
111,603 [r]Compensation of employees £ million2020North West
75,525 [r]Compensation of employees £ million2020Yorkshire and the Humber
66,864 [r]Compensation of employees £ million2020East Midlands
84,002 [r]Compensation of employees £ million2020West Midlands
89,682 [r]Compensation of employees £ million2020East of England
236,707 [r]Compensation of employees £ million2020London
160,363 [r]Compensation of employees £ million2020South East
81,954 [r]Compensation of employees £ million2020South West
39,521 [r]Compensation of employees £ million2020Wales
85,061 [r]Compensation of employees £ million2020Scotland
24,781 [r]Compensation of employees £ million2020Northern Ireland
3,487 [r]Compensation of employees £ million2020Extra-regio
1,154,623 [r] [t]Compensation of employees £ million2021UK
1,151,450 [r] [t]Compensation of employees £ million2021UK excluding Extra-Regio
995,032 [r] [t]Compensation of employees £ million2021England
35,161 [r]Compensation of employees £ million2021North East
119,592 [r]Compensation of employees £ million2021North West
80,816 [r]Compensation of employees £ million2021Yorkshire and the Humber
69,713 [r]Compensation of employees £ million2021East Midlands
87,805 [r]Compensation of employees £ million2021West Midlands
93,923 [r]Compensation of employees £ million2021East of England
249,751 [r]Compensation of employees £ million2021London
170,239 [r]Compensation of employees £ million2021South East
88,030 [r]Compensation of employees £ million2021South West
40,467 [r]Compensation of employees £ million2021Wales
89,401 [r]Compensation of employees £ million2021Scotland
26,550 [r]Compensation of employees £ million2021Northern Ireland
3,173 [r]Compensation of employees £ million2021Extra-regio
Showing 701 to 800 of 1,664 rows
Page 8 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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