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
46,299 [r]Compensation of employees £ million1998North West
28,817 [r]GVA (balanced) £ million1998North East
-1 [r] [t]Statistical discrepancy £ million1998England
15,517Compensation of employees £ million1998North East
0Statistical discrepancy £ million1998South West
13,299 [r]Other £ million1998North East
0 [r]Statistical discrepancy £ million1998South East
765,553 [r] [t]GVA (balanced) £ million1998England
16,263 [r]Compensation of employees £ million1998Wales
135,775 [r]GVA (balanced) £ million1998South East
34,710 [r]Other £ million1998South West
887,891 [t]GVA (balanced) £ million1998UK excluding Extra-Regio
77,552 [r]GVA (balanced) £ million1998East of England
70,546 [r]GVA (balanced) £ million1998West Midlands
0 [r]Statistical discrepancy £ million1998North East
1 [r]Statistical discrepancy £ million1998London
0Statistical discrepancy £ million1998Scotland
457,755 [r] [t]Compensation of employees £ million1998UK
67,066 [r]GVA (balanced) £ million1998South West
32,356 [r]Compensation of employees £ million1998South West
36,656 [r]Compensation of employees £ million1998Scotland
96,441 [r]Compensation of employees £ million1998London
88,083 [r]GVA (balanced) £ million1998North West
27,515 [r]Compensation of employees £ million1998East Midlands
180,822 [r]GVA (balanced) £ million1998London
40,452 [r]Other £ million1998East of England
899,791 [t]GVA (balanced) £ million1998UK
26,748Other £ million1998East Midlands
-1 [r] [t]Statistical discrepancy £ million1998UK
-1 [r]Statistical discrepancy £ million1998North West
29,477 [r]Other £ million1998Yorkshire and the Humber
69,872 [r]Other £ million1998South East
0Statistical discrepancy £ million1998Yorkshire and the Humber
-1Statistical discrepancy £ million1998East of England
84,380 [r]Other £ million1998London
-1 [r]Statistical discrepancy £ million1998Wales
0Statistical discrepancy £ million1998Northern Ireland
62,629 [r]GVA (balanced) £ million1998Yorkshire and the Humber
16,485 [r]Other £ million1998Wales
8,898Other £ million1998Extra-regio
10,287Other £ million1998Northern Ireland
33,333 [r]Other £ million1998Scotland
9,316 [r]Compensation of employees £ million1998Northern Ireland
65,904 [r]Compensation of employees £ million1998South East
38,232 [r]Compensation of employees £ million1998West Midlands
37,100 [r]Compensation of employees £ million1998East of England
33,152 [r]Compensation of employees £ million1998Yorkshire and the Humber
392,517 [r] [t]Compensation of employees £ million1998England
454,753 [r] [t]Compensation of employees £ million1998UK excluding Extra-Regio
373,036 [r] [t]Other £ million1998England
32,745 [r]GVA (balanced) £ million1998Wales
3,002Compensation of employees £ million1998Extra-regio
0Statistical discrepancy £ million1998Extra-regio
32,314Other £ million1998West Midlands
69,990 [r]GVA (balanced) £ million1998Scotland
-1 [r] [t]Statistical discrepancy £ million1998UK excluding Extra-Regio
54,263 [r]GVA (balanced) £ million1998East Midlands
433,139 [t]Other £ million1998UK excluding Extra-Regio
19,603 [r]GVA (balanced) £ million1998Northern Ireland
442,037 [t]Other £ million1998UK
0 [r]Statistical discrepancy £ million1998West Midlands
0 [r]Statistical discrepancy £ million1998East Midlands
11,900GVA (balanced) £ million1998Extra-regio
41,785Other £ million1998North West
10,583Other £ million1999Northern Ireland
20,710 [r]GVA (balanced) £ million1999Northern Ireland
10,158Other £ million1999Extra-regio
71,019 [r]GVA (balanced) £ million1999Scotland
16,055 [r]Other £ million1999Wales
33,423 [r]GVA (balanced) £ million1999Wales
70,346 [r]GVA (balanced) £ million1999South West
31,746 [r]Other £ million1999Scotland
40,502 [r]Other £ million1999East of England
142,235 [r]GVA (balanced) £ million1999South East
83,319 [r]Other £ million1999London
189,934 [r]GVA (balanced) £ million1999London
32,097 [r]Other £ million1999West Midlands
70,348Other £ million1999South East
72,689 [r]GVA (balanced) £ million1999West Midlands
80,595GVA (balanced) £ million1999East of England
491,629 [r] [t]Compensation of employees £ million1999UK excluding Extra-Regio
424,860 [r] [t]Compensation of employees £ million1999England
26,402 [r]Other £ million1999East Midlands
35,560 [r]Other £ million1999South West
431,187 [t]Other £ million1999UK excluding Extra-Regio
55,733 [r]GVA (balanced) £ million1999East Midlands
372,803 [r] [t]Other £ million1999England
64,589 [r]GVA (balanced) £ million1999Yorkshire and the Humber
441,345 [t]Other £ million1999UK
12,939 [r]Other £ million1999North East
3,213Compensation of employees £ million1999Extra-regio
92,290 [r]GVA (balanced) £ million1999North West
29,252 [r]GVA (balanced) £ million1999North East
42,300Other £ million1999North West
71,886 [r]Compensation of employees £ million1999South East
34,786 [r]Compensation of employees £ million1999South West
106,614Compensation of employees £ million1999London
17,370 [r]Compensation of employees £ million1999Wales
29,332 [r]Compensation of employees £ million1999East Midlands
40,591 [r]Compensation of employees £ million1999West Midlands
Showing 1 to 100 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.

Published by

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

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