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
62,369 [r]	Compensation of employees £ million	2003	North West
44,796 [r]	Compensation of employees £ million	2003	Yorkshire and the Humber
35,447 [r]	Compensation of employees £ million	2003	East Midlands
48,139 [r]	Compensation of employees £ million	2003	West Midlands
50,891 [r]	Compensation of employees £ million	2003	East of England
129,722 [r]	Compensation of employees £ million	2003	London
88,369 [r]	Compensation of employees £ million	2003	South East
44,093 [r]	Compensation of employees £ million	2003	South West
21,754 [r]	Compensation of employees £ million	2003	Wales
48,775 [r]	Compensation of employees £ million	2003	Scotland
13,073 [r]	Compensation of employees £ million	2003	Northern Ireland
3,603 [r]	Compensation of employees £ million	2003	Extra-regio
652,853 [r] [t]	Compensation of employees £ million	2004	UK
649,207 [r] [t]	Compensation of employees £ million	2004	UK excluding Extra-Regio
558,972 [r] [t]	Compensation of employees £ million	2004	England
21,768 [r]	Compensation of employees £ million	2004	North East
67,700 [r]	Compensation of employees £ million	2004	North West
48,602 [r]	Compensation of employees £ million	2004	Yorkshire and the Humber
37,752 [r]	Compensation of employees £ million	2004	East Midlands
51,157 [r]	Compensation of employees £ million	2004	West Midlands
54,186 [r]	Compensation of employees £ million	2004	East of England
137,134 [r]	Compensation of employees £ million	2004	London
92,871 [r]	Compensation of employees £ million	2004	South East
47,802 [r]	Compensation of employees £ million	2004	South West
23,536 [r]	Compensation of employees £ million	2004	Wales
52,710 [r]	Compensation of employees £ million	2004	Scotland
13,989 [r]	Compensation of employees £ million	2004	Northern Ireland
3,646 [r]	Compensation of employees £ million	2004	Extra-regio
690,874 [t]	Compensation of employees £ million	2005	UK
686,998 [r] [t]	Compensation of employees £ million	2005	UK excluding Extra-Regio
591,032 [r] [t]	Compensation of employees £ million	2005	England
23,134 [r]	Compensation of employees £ million	2005	North East
69,847 [r]	Compensation of employees £ million	2005	North West
51,141 [r]	Compensation of employees £ million	2005	Yorkshire and the Humber
40,831 [r]	Compensation of employees £ million	2005	East Midlands
54,371 [r]	Compensation of employees £ million	2005	West Midlands
57,293 [r]	Compensation of employees £ million	2005	East of England
146,307 [r]	Compensation of employees £ million	2005	London
97,524 [r]	Compensation of employees £ million	2005	South East
50,585 [r]	Compensation of employees £ million	2005	South West
24,946 [r]	Compensation of employees £ million	2005	Wales
56,275 [r]	Compensation of employees £ million	2005	Scotland
14,746 [r]	Compensation of employees £ million	2005	Northern Ireland
3,876 [r]	Compensation of employees £ million	2005	Extra-regio
731,202 [t]	Compensation of employees £ million	2006	UK
726,801 [r] [t]	Compensation of employees £ million	2006	UK excluding Extra-Regio
625,824 [r] [t]	Compensation of employees £ million	2006	England
24,424 [r]	Compensation of employees £ million	2006	North East
74,160 [r]	Compensation of employees £ million	2006	North West
54,056 [r]	Compensation of employees £ million	2006	Yorkshire and the Humber
43,520 [r]	Compensation of employees £ million	2006	East Midlands
56,309 [r]	Compensation of employees £ million	2006	West Midlands
61,431 [r]	Compensation of employees £ million	2006	East of England
155,684 [r]	Compensation of employees £ million	2006	London
102,875 [r]	Compensation of employees £ million	2006	South East
53,364 [r]	Compensation of employees £ million	2006	South West
26,368 [r]	Compensation of employees £ million	2006	Wales
58,986 [r]	Compensation of employees £ million	2006	Scotland
15,622 [r]	Compensation of employees £ million	2006	Northern Ireland
4,401 [r]	Compensation of employees £ million	2006	Extra-regio
780,149 [t]	Compensation of employees £ million	2007	UK
775,550 [r] [t]	Compensation of employees £ million	2007	UK excluding Extra-Regio
668,075 [r] [t]	Compensation of employees £ million	2007	England
25,315 [r]	Compensation of employees £ million	2007	North East
79,094 [r]	Compensation of employees £ million	2007	North West
57,187 [r]	Compensation of employees £ million	2007	Yorkshire and the Humber
46,578 [r]	Compensation of employees £ million	2007	East Midlands
59,389 [r]	Compensation of employees £ million	2007	West Midlands
64,575 [r]	Compensation of employees £ million	2007	East of England
168,615 [r]	Compensation of employees £ million	2007	London
110,469 [r]	Compensation of employees £ million	2007	South East
56,854 [r]	Compensation of employees £ million	2007	South West
27,889 [r]	Compensation of employees £ million	2007	Wales
62,965 [r]	Compensation of employees £ million	2007	Scotland
16,621 [r]	Compensation of employees £ million	2007	Northern Ireland
4,599 [r]	Compensation of employees £ million	2007	Extra-regio
795,756 [t]	Compensation of employees £ million	2008	UK
791,516 [r] [t]	Compensation of employees £ million	2008	UK excluding Extra-Regio
681,417 [r] [t]	Compensation of employees £ million	2008	England
26,392 [r]	Compensation of employees £ million	2008	North East
80,063 [r]	Compensation of employees £ million	2008	North West
57,499 [r]	Compensation of employees £ million	2008	Yorkshire and the Humber
47,923 [r]	Compensation of employees £ million	2008	East Midlands
60,336 [r]	Compensation of employees £ million	2008	West Midlands
65,807 [r]	Compensation of employees £ million	2008	East of England
171,168 [r]	Compensation of employees £ million	2008	London
113,924 [r]	Compensation of employees £ million	2008	South East
58,304 [r]	Compensation of employees £ million	2008	South West
28,128 [r]	Compensation of employees £ million	2008	Wales
64,846 [r]	Compensation of employees £ million	2008	Scotland
17,126 [r]	Compensation of employees £ million	2008	Northern Ireland
4,240 [r]	Compensation of employees £ million	2008	Extra-regio
787,058 [t]	Compensation of employees £ million	2009	UK
782,737 [r] [t]	Compensation of employees £ million	2009	UK excluding Extra-Regio
672,424 [r] [t]	Compensation of employees £ million	2009	England
26,166 [r]	Compensation of employees £ million	2009	North East
79,248 [r]	Compensation of employees £ million	2009	North West
56,900 [r]	Compensation of employees £ million	2009	Yorkshire and the Humber
47,574 [r]	Compensation of employees £ million	2009	East Midlands
59,157 [r]	Compensation of employees £ million	2009	West Midlands

Showing 501 to 600 of 1,664 rows

Page 6 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.