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
1,243,334 [r] [t]Compensation of employees £ million2022UK
1,239,857 [r] [t]Compensation of employees £ million2022UK excluding Extra-Regio
1,073,308 [r] [t]Compensation of employees £ million2022England
37,239 [r]Compensation of employees £ million2022North East
130,187 [r]Compensation of employees £ million2022North West
86,245 [r]Compensation of employees £ million2022Yorkshire and the Humber
74,381 [r]Compensation of employees £ million2022East Midlands
94,334 [r]Compensation of employees £ million2022West Midlands
98,464 [r]Compensation of employees £ million2022East of England
276,681 [r]Compensation of employees £ million2022London
181,169 [r]Compensation of employees £ million2022South East
94,610 [r]Compensation of employees £ million2022South West
42,779 [r]Compensation of employees £ million2022Wales
95,173 [r]Compensation of employees £ million2022Scotland
28,597 [r]Compensation of employees £ million2022Northern Ireland
3,477 [r]Compensation of employees £ million2022Extra-regio
1,344,422 [p] [t]Compensation of employees £ million2023UK
1,341,282 [p] [t]Compensation of employees £ million2023UK excluding Extra-Regio
1,159,993 [p] [t]Compensation of employees £ million2023England
40,938 [p]Compensation of employees £ million2023North East
141,120 [p]Compensation of employees £ million2023North West
93,615 [p]Compensation of employees £ million2023Yorkshire and the Humber
79,890 [p]Compensation of employees £ million2023East Midlands
102,805 [p]Compensation of employees £ million2023West Midlands
106,195 [p]Compensation of employees £ million2023East of England
298,306 [p]Compensation of employees £ million2023London
195,173 [p]Compensation of employees £ million2023South East
101,950 [p]Compensation of employees £ million2023South West
46,156 [p]Compensation of employees £ million2023Wales
103,771 [p]Compensation of employees £ million2023Scotland
31,362 [p]Compensation of employees £ million2023Northern Ireland
3,140 [p]Compensation of employees £ million2023Extra-regio
442,037 [t]Other £ million1998UK
433,139 [t]Other £ million1998UK excluding Extra-Regio
373,036 [r] [t]Other £ million1998England
13,299 [r]Other £ million1998North East
41,785Other £ million1998North West
29,477 [r]Other £ million1998Yorkshire and the Humber
26,748Other £ million1998East Midlands
32,314Other £ million1998West Midlands
40,452 [r]Other £ million1998East of England
84,380 [r]Other £ million1998London
69,872 [r]Other £ million1998South East
34,710 [r]Other £ million1998South West
16,485 [r]Other £ million1998Wales
33,333 [r]Other £ million1998Scotland
10,287Other £ million1998Northern Ireland
8,898Other £ million1998Extra-regio
441,345 [t]Other £ million1999UK
431,187 [t]Other £ million1999UK excluding Extra-Regio
372,803 [r] [t]Other £ million1999England
12,939 [r]Other £ million1999North East
42,300Other £ million1999North West
29,336 [r]Other £ million1999Yorkshire and the Humber
26,402 [r]Other £ million1999East Midlands
32,097 [r]Other £ million1999West Midlands
40,502 [r]Other £ million1999East of England
83,319 [r]Other £ million1999London
70,348Other £ million1999South East
35,560 [r]Other £ million1999South West
16,055 [r]Other £ million1999Wales
31,746 [r]Other £ million1999Scotland
10,583Other £ million1999Northern Ireland
10,158Other £ million1999Extra-regio
455,970 [t]Other £ million2000UK
439,416 [t]Other £ million2000UK excluding Extra-Regio
379,437 [r] [t]Other £ million2000England
13,031 [r]Other £ million2000North East
42,214 [r]Other £ million2000North West
30,038 [r]Other £ million2000Yorkshire and the Humber
27,278 [r]Other £ million2000East Midlands
32,347 [r]Other £ million2000West Midlands
41,687 [r]Other £ million2000East of England
85,238 [r]Other £ million2000London
71,078 [r]Other £ million2000South East
36,522 [r]Other £ million2000South West
16,483 [r]Other £ million2000Wales
31,950 [r]Other £ million2000Scotland
11,545 [r]Other £ million2000Northern Ireland
16,554Other £ million2000Extra-regio
465,299 [t]Other £ million2001UK
449,234 [t]Other £ million2001UK excluding Extra-Regio
388,191 [r] [t]Other £ million2001England
13,392 [r]Other £ million2001North East
44,049 [r]Other £ million2001North West
30,569 [r]Other £ million2001Yorkshire and the Humber
27,370 [r]Other £ million2001East Midlands
32,701 [r]Other £ million2001West Midlands
42,750 [r]Other £ million2001East of England
87,500 [r]Other £ million2001London
72,435 [r]Other £ million2001South East
37,424 [r]Other £ million2001South West
16,725 [r]Other £ million2001Wales
32,682 [r]Other £ million2001Scotland
11,635 [r]Other £ million2001Northern Ireland
16,065Other £ million2001Extra-regio
492,523 [t]Other £ million2002UK
478,818 [t]Other £ million2002UK excluding Extra-Regio
413,911 [r] [t]Other £ million2002England
14,603 [r]Other £ million2002North East
Showing 801 to 900 of 1,664 rows
Page 9 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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