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
0 [r]	Statistical discrepancy £ million	2013	Wales
0 [r]	Statistical discrepancy £ million	2013	Scotland
0 [r]	Statistical discrepancy £ million	2013	Northern Ireland
0 [r]	Statistical discrepancy £ million	2013	Extra-regio
0 [r] [t]	Statistical discrepancy £ million	2014	UK
0 [r] [t]	Statistical discrepancy £ million	2014	UK excluding Extra-Regio
1 [r] [t]	Statistical discrepancy £ million	2014	England
0 [r]	Statistical discrepancy £ million	2014	North East
-1 [r]	Statistical discrepancy £ million	2014	North West
-1	Statistical discrepancy £ million	2014	Yorkshire and the Humber
0	Statistical discrepancy £ million	2014	East Midlands
0 [r]	Statistical discrepancy £ million	2014	West Midlands
0	Statistical discrepancy £ million	2014	East of England
2	Statistical discrepancy £ million	2014	London
0	Statistical discrepancy £ million	2014	South East
0 [r]	Statistical discrepancy £ million	2014	South West
-1	Statistical discrepancy £ million	2014	Wales
0 [r]	Statistical discrepancy £ million	2014	Scotland
0 [r]	Statistical discrepancy £ million	2014	Northern Ireland
0 [r]	Statistical discrepancy £ million	2014	Extra-regio
0 [t]	Statistical discrepancy £ million	2015	UK
0 [r] [t]	Statistical discrepancy £ million	2015	UK excluding Extra-Regio
0 [r] [t]	Statistical discrepancy £ million	2015	England
0 [r]	Statistical discrepancy £ million	2015	North East
0 [r]	Statistical discrepancy £ million	2015	North West
0 [r]	Statistical discrepancy £ million	2015	Yorkshire and the Humber
0 [r]	Statistical discrepancy £ million	2015	East Midlands
0	Statistical discrepancy £ million	2015	West Midlands
0 [r]	Statistical discrepancy £ million	2015	East of England
0 [r]	Statistical discrepancy £ million	2015	London
0	Statistical discrepancy £ million	2015	South East
0 [r]	Statistical discrepancy £ million	2015	South West
0 [r]	Statistical discrepancy £ million	2015	Wales
0 [r]	Statistical discrepancy £ million	2015	Scotland
0 [r]	Statistical discrepancy £ million	2015	Northern Ireland
0 [r]	Statistical discrepancy £ million	2015	Extra-regio
0 [t]	Statistical discrepancy £ million	2016	UK
0 [r] [t]	Statistical discrepancy £ million	2016	UK excluding Extra-Regio
0 [r] [t]	Statistical discrepancy £ million	2016	England
0 [r]	Statistical discrepancy £ million	2016	North East
0 [r]	Statistical discrepancy £ million	2016	North West
0 [r]	Statistical discrepancy £ million	2016	Yorkshire and the Humber
0	Statistical discrepancy £ million	2016	East Midlands
0 [r]	Statistical discrepancy £ million	2016	West Midlands
0 [r]	Statistical discrepancy £ million	2016	East of England
0 [r]	Statistical discrepancy £ million	2016	London
0	Statistical discrepancy £ million	2016	South East
0	Statistical discrepancy £ million	2016	South West
0	Statistical discrepancy £ million	2016	Wales
0	Statistical discrepancy £ million	2016	Scotland
0 [r]	Statistical discrepancy £ million	2016	Northern Ireland
0	Statistical discrepancy £ million	2016	Extra-regio
0 [t]	Statistical discrepancy £ million	2017	UK
0 [t]	Statistical discrepancy £ million	2017	UK excluding Extra-Regio
0 [r] [t]	Statistical discrepancy £ million	2017	England
0 [r]	Statistical discrepancy £ million	2017	North East
0	Statistical discrepancy £ million	2017	North West
0	Statistical discrepancy £ million	2017	Yorkshire and the Humber
0 [r]	Statistical discrepancy £ million	2017	East Midlands
0	Statistical discrepancy £ million	2017	West Midlands
0 [r]	Statistical discrepancy £ million	2017	East of England
0 [r]	Statistical discrepancy £ million	2017	London
0 [r]	Statistical discrepancy £ million	2017	South East
0 [r]	Statistical discrepancy £ million	2017	South West
0	Statistical discrepancy £ million	2017	Wales
0	Statistical discrepancy £ million	2017	Scotland
0	Statistical discrepancy £ million	2017	Northern Ireland
0	Statistical discrepancy £ million	2017	Extra-regio
0 [t]	Statistical discrepancy £ million	2018	UK
0 [r] [t]	Statistical discrepancy £ million	2018	UK excluding Extra-Regio
0 [t]	Statistical discrepancy £ million	2018	England
0 [r]	Statistical discrepancy £ million	2018	North East
0 [r]	Statistical discrepancy £ million	2018	North West
0	Statistical discrepancy £ million	2018	Yorkshire and the Humber
0 [r]	Statistical discrepancy £ million	2018	East Midlands
0 [r]	Statistical discrepancy £ million	2018	West Midlands
0	Statistical discrepancy £ million	2018	East of England
0 [r]	Statistical discrepancy £ million	2018	London
0	Statistical discrepancy £ million	2018	South East
0 [r]	Statistical discrepancy £ million	2018	South West
0	Statistical discrepancy £ million	2018	Wales
0 [r]	Statistical discrepancy £ million	2018	Scotland
0	Statistical discrepancy £ million	2018	Northern Ireland
0 [r]	Statistical discrepancy £ million	2018	Extra-regio
0 [t]	Statistical discrepancy £ million	2019	UK
0 [r] [t]	Statistical discrepancy £ million	2019	UK excluding Extra-Regio
0 [r] [t]	Statistical discrepancy £ million	2019	England
0 [r]	Statistical discrepancy £ million	2019	North East
0 [r]	Statistical discrepancy £ million	2019	North West
0	Statistical discrepancy £ million	2019	Yorkshire and the Humber
0 [r]	Statistical discrepancy £ million	2019	East Midlands
0	Statistical discrepancy £ million	2019	West Midlands
0 [r]	Statistical discrepancy £ million	2019	East of England
0 [r]	Statistical discrepancy £ million	2019	London
0	Statistical discrepancy £ million	2019	South East
0	Statistical discrepancy £ million	2019	South West
0 [r]	Statistical discrepancy £ million	2019	Wales
0 [r]	Statistical discrepancy £ million	2019	Scotland
0 [r]	Statistical discrepancy £ million	2019	Northern Ireland
0 [r]	Statistical discrepancy £ million	2019	Extra-regio

Showing 1,501 to 1,600 of 1,664 rows

Page 16 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.

• 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.