Gross value added by component, area and year

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

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Data description ( of 4 selected4 selectable options)

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Data valuesData descriptionYearArea
893,309 [r] [t]Other £ million2021UK
877,652 [r] [t]Other £ million2021UK excluding Extra-Regio
767,193 [r] [t]Other £ million2021England
22,079 [r]Other £ million2021North East
79,750 [r]Other £ million2021North West
56,557 [r]Other £ million2021Yorkshire and the Humber
49,252 [r]Other £ million2021East Midlands
58,972 [r]Other £ million2021West Midlands
79,699 [r]Other £ million2021East of England
218,712 [r]Other £ million2021London
133,509 [r]Other £ million2021South East
68,662 [r]Other £ million2021South West
27,882 [r]Other £ million2021Wales
62,514 [r]Other £ million2021Scotland
20,064 [r]Other £ million2021Northern Ireland
15,657 [r]Other £ million2021Extra-regio
1,022,898 [r] [t]Other £ million2022UK
989,091 [r] [t]Other £ million2022UK excluding Extra-Regio
862,996 [r] [t]Other £ million2022England
25,125 [r]Other £ million2022North East
91,709 [r]Other £ million2022North West
64,438 [r]Other £ million2022Yorkshire and the Humber
53,873 [r]Other £ million2022East Midlands
64,626 [r]Other £ million2022West Midlands
89,144 [r]Other £ million2022East of England
253,089Other £ million2022London
144,976 [r]Other £ million2022South East
76,014 [r]Other £ million2022South West
32,197 [r]Other £ million2022Wales
71,794 [r]Other £ million2022Scotland
22,105 [r]Other £ million2022Northern Ireland
33,807 [r]Other £ million2022Extra-regio
1,119,447 [p] [t]Other £ million2023UK
1,092,038 [p] [t]Other £ million2023UK excluding Extra-Regio
952,415 [p] [t]Other £ million2023England
27,901 [p]Other £ million2023North East
102,165 [p]Other £ million2023North West
70,187 [p]Other £ million2023Yorkshire and the Humber
59,791 [p]Other £ million2023East Midlands
71,726 [p]Other £ million2023West Midlands
98,929 [p]Other £ million2023East of England
278,871 [p]Other £ million2023London
159,041 [p]Other £ million2023South East
83,808 [p]Other £ million2023South West
35,246 [p]Other £ million2023Wales
79,666 [p]Other £ million2023Scotland
24,710 [p]Other £ million2023Northern Ireland
27,409 [p]Other £ million2023Extra-regio
-1 [r] [t]Statistical discrepancy £ million1998UK
-1 [r] [t]Statistical discrepancy £ million1998UK excluding Extra-Regio
-1 [r] [t]Statistical discrepancy £ million1998England
0 [r]Statistical discrepancy £ million1998North East
-1 [r]Statistical discrepancy £ million1998North West
0Statistical discrepancy £ million1998Yorkshire and the Humber
0 [r]Statistical discrepancy £ million1998East Midlands
0 [r]Statistical discrepancy £ million1998West Midlands
-1Statistical discrepancy £ million1998East of England
1 [r]Statistical discrepancy £ million1998London
0 [r]Statistical discrepancy £ million1998South East
0Statistical discrepancy £ million1998South West
-1 [r]Statistical discrepancy £ million1998Wales
0Statistical discrepancy £ million1998Scotland
0Statistical discrepancy £ million1998Northern Ireland
0Statistical discrepancy £ million1998Extra-regio
-1 [t]Statistical discrepancy £ million1999UK
-1 [r] [t]Statistical discrepancy £ million1999UK excluding Extra-Regio
-1 [r] [t]Statistical discrepancy £ million1999England
0 [r]Statistical discrepancy £ million1999North East
-1 [r]Statistical discrepancy £ million1999North West
-1Statistical discrepancy £ million1999Yorkshire and the Humber
0 [r]Statistical discrepancy £ million1999East Midlands
0Statistical discrepancy £ million1999West Midlands
-1 [r]Statistical discrepancy £ million1999East of England
1 [r]Statistical discrepancy £ million1999London
0 [r]Statistical discrepancy £ million1999South East
0 [r]Statistical discrepancy £ million1999South West
0 [r]Statistical discrepancy £ million1999Wales
0Statistical discrepancy £ million1999Scotland
0 [r]Statistical discrepancy £ million1999Northern Ireland
0 [r]Statistical discrepancy £ million1999Extra-regio
-3 [t]Statistical discrepancy £ million2000UK
-3 [t]Statistical discrepancy £ million2000UK excluding Extra-Regio
-2 [r] [t]Statistical discrepancy £ million2000England
0Statistical discrepancy £ million2000North East
-2 [r]Statistical discrepancy £ million2000North West
-2 [r]Statistical discrepancy £ million2000Yorkshire and the Humber
0Statistical discrepancy £ million2000East Midlands
0Statistical discrepancy £ million2000West Midlands
0Statistical discrepancy £ million2000East of England
2Statistical discrepancy £ million2000London
0Statistical discrepancy £ million2000South East
0 [r]Statistical discrepancy £ million2000South West
-1 [r]Statistical discrepancy £ million2000Wales
0 [r]Statistical discrepancy £ million2000Scotland
0Statistical discrepancy £ million2000Northern Ireland
0Statistical discrepancy £ million2000Extra-regio
0 [t]Statistical discrepancy £ million2001UK
0 [t]Statistical discrepancy £ million2001UK excluding Extra-Regio
0 [r] [t]Statistical discrepancy £ million2001England
0 [r]Statistical discrepancy £ million2001North East
Showing 1,201 to 1,300 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.

Related reports

Published by

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

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