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
887,891 [t]	GVA (balanced) £ million	1998	UK excluding Extra-Regio
765,553 [r] [t]	GVA (balanced) £ million	1998	England
28,817 [r]	GVA (balanced) £ million	1998	North East
88,083 [r]	GVA (balanced) £ million	1998	North West
62,629 [r]	GVA (balanced) £ million	1998	Yorkshire and the Humber
54,263 [r]	GVA (balanced) £ million	1998	East Midlands
70,546 [r]	GVA (balanced) £ million	1998	West Midlands
77,552 [r]	GVA (balanced) £ million	1998	East of England
180,822 [r]	GVA (balanced) £ million	1998	London
135,775 [r]	GVA (balanced) £ million	1998	South East
67,066 [r]	GVA (balanced) £ million	1998	South West
32,745 [r]	GVA (balanced) £ million	1998	Wales
69,990 [r]	GVA (balanced) £ million	1998	Scotland
19,603 [r]	GVA (balanced) £ million	1998	Northern Ireland
11,900	GVA (balanced) £ million	1998	Extra-regio
936,185 [t]	GVA (balanced) £ million	1999	UK
922,815 [t]	GVA (balanced) £ million	1999	UK excluding Extra-Regio
797,663 [r] [t]	GVA (balanced) £ million	1999	England
29,252 [r]	GVA (balanced) £ million	1999	North East
92,290 [r]	GVA (balanced) £ million	1999	North West
64,589 [r]	GVA (balanced) £ million	1999	Yorkshire and the Humber
55,733 [r]	GVA (balanced) £ million	1999	East Midlands
72,689 [r]	GVA (balanced) £ million	1999	West Midlands
80,595	GVA (balanced) £ million	1999	East of England
189,934 [r]	GVA (balanced) £ million	1999	London
142,235 [r]	GVA (balanced) £ million	1999	South East
70,346 [r]	GVA (balanced) £ million	1999	South West
33,423 [r]	GVA (balanced) £ million	1999	Wales
71,019 [r]	GVA (balanced) £ million	1999	Scotland
20,710 [r]	GVA (balanced) £ million	1999	Northern Ireland
13,370	GVA (balanced) £ million	1999	Extra-regio
987,515 [t]	GVA (balanced) £ million	2000	UK
967,452 [t]	GVA (balanced) £ million	2000	UK excluding Extra-Regio
836,156 [r] [t]	GVA (balanced) £ million	2000	England
30,140 [r]	GVA (balanced) £ million	2000	North East
94,655 [r]	GVA (balanced) £ million	2000	North West
66,857 [r]	GVA (balanced) £ million	2000	Yorkshire and the Humber
57,797 [r]	GVA (balanced) £ million	2000	East Midlands
74,878 [r]	GVA (balanced) £ million	2000	West Midlands
84,942 [r]	GVA (balanced) £ million	2000	East of England
204,138 [r]	GVA (balanced) £ million	2000	London
149,118 [r]	GVA (balanced) £ million	2000	South East
73,631 [r]	GVA (balanced) £ million	2000	South West
35,048 [r]	GVA (balanced) £ million	2000	Wales
73,905 [r]	GVA (balanced) £ million	2000	Scotland
22,344 [r]	GVA (balanced) £ million	2000	Northern Ireland
20,063	GVA (balanced) £ million	2000	Extra-regio
1,031,117 [t]	GVA (balanced) £ million	2001	UK
1,011,368 [r] [t]	GVA (balanced) £ million	2001	UK excluding Extra-Regio
873,632 [r] [t]	GVA (balanced) £ million	2001	England
31,410 [r]	GVA (balanced) £ million	2001	North East
100,553 [r]	GVA (balanced) £ million	2001	North West
70,287 [r]	GVA (balanced) £ million	2001	Yorkshire and the Humber
60,160 [r]	GVA (balanced) £ million	2001	East Midlands
77,766 [r]	GVA (balanced) £ million	2001	West Midlands
89,423 [r]	GVA (balanced) £ million	2001	East of England
211,431 [r]	GVA (balanced) £ million	2001	London
154,902 [r]	GVA (balanced) £ million	2001	South East
77,699 [r]	GVA (balanced) £ million	2001	South West
36,206 [r]	GVA (balanced) £ million	2001	Wales
78,263 [r]	GVA (balanced) £ million	2001	Scotland
23,267 [r]	GVA (balanced) £ million	2001	Northern Ireland
19,749 [r]	GVA (balanced) £ million	2001	Extra-regio
1,072,157 [t]	GVA (balanced) £ million	2002	UK
1,054,818 [r] [t]	GVA (balanced) £ million	2002	UK excluding Extra-Regio
911,524 [r] [t]	GVA (balanced) £ million	2002	England
33,536 [r]	GVA (balanced) £ million	2002	North East
105,245 [r]	GVA (balanced) £ million	2002	North West
74,249 [r]	GVA (balanced) £ million	2002	Yorkshire and the Humber
62,582 [r]	GVA (balanced) £ million	2002	East Midlands
80,668 [r]	GVA (balanced) £ million	2002	West Midlands
92,845 [r]	GVA (balanced) £ million	2002	East of England
219,404 [r]	GVA (balanced) £ million	2002	London
161,906 [r]	GVA (balanced) £ million	2002	South East
81,089 [r]	GVA (balanced) £ million	2002	South West
37,848 [r]	GVA (balanced) £ million	2002	Wales
81,408 [r]	GVA (balanced) £ million	2002	Scotland
24,039 [r]	GVA (balanced) £ million	2002	Northern Ireland
17,339 [r]	GVA (balanced) £ million	2002	Extra-regio
1,132,892 [t]	GVA (balanced) £ million	2003	UK
1,115,143 [r] [t]	GVA (balanced) £ million	2003	UK excluding Extra-Regio
962,600 [r] [t]	GVA (balanced) £ million	2003	England
35,461 [r]	GVA (balanced) £ million	2003	North East
111,059 [r]	GVA (balanced) £ million	2003	North West
79,307 [r]	GVA (balanced) £ million	2003	Yorkshire and the Humber
65,730 [r]	GVA (balanced) £ million	2003	East Midlands
84,705 [r]	GVA (balanced) £ million	2003	West Midlands
98,776 [r]	GVA (balanced) £ million	2003	East of England
232,216 [r]	GVA (balanced) £ million	2003	London
169,912 [r]	GVA (balanced) £ million	2003	South East
85,434 [r]	GVA (balanced) £ million	2003	South West
40,351 [r]	GVA (balanced) £ million	2003	Wales
86,231 [r]	GVA (balanced) £ million	2003	Scotland
25,961 [r]	GVA (balanced) £ million	2003	Northern Ireland
17,749 [r]	GVA (balanced) £ million	2003	Extra-regio
1,189,413 [t]	GVA (balanced) £ million	2004	UK
1,170,386 [r] [t]	GVA (balanced) £ million	2004	UK excluding Extra-Regio
1,008,505 [r] [t]	GVA (balanced) £ million	2004	England
38,415 [r]	GVA (balanced) £ million	2004	North East
899,791 [t]	GVA (balanced) £ million	1998	UK

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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.