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Welsh Government
Data Provider: Welsh Government Accredited Official Statistics Gross Value Added by Welsh NUTS3 areas and industry
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Measure[Filtered]
Year[Filtered]
GVA ApproachThe balanced (GVA (B)) approach are now the ONS\' official GVA approach. [Filtered]
Measure2
[Collapse]IndustryClassification of industry based on Standard Industrial Classification (SIC) 2007 [Filter]
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[Collapse]Industry 1
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[Collapse]Industry 2
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[Collapse]Industry 3
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[Collapse]Industry 4
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Industry 5
[Collapse]AreaThe areas are the Welsh NUTS (Nomenclature of Units for Territorial Statistics, the EU hierarchical geographic breakdown) 1 to 3 areas. NUTS1 for Wales is all of Wales whilst NUTS3 represents single / groups of local authorities. NUTS2 is a hierarchical aggregation of NUTS3 areas, splitting Wales into 2 areas, namely West Wales and the Valleys (the area of Wales with EU Objective 1 status) and East Wales. [Filter]
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[Collapse]Area 1
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Area 2
[Collapse]All industriesClick here to sortAll industries
[Expand]Click here to sortProduction[Expand]Click here to sortConstruction[Expand]Click here to sortServices sector
[Collapse]Wales(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.43,253(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.12,617(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.151,568(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.207,439
Wales[Collapse]West Wales and the Valleys(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.22,651(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.7,587(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.81,906(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.112,144
West Wales and the ValleysIsle of Anglesey(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.699(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.205(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.2,595(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.3,498
Gwynedd(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,193(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.595(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.5,467(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.7,254
Conwy and Denbighshire(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,406(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,050(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.9,092(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.11,549
South West Wales(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.5,082(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,229(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.15,929(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.22,238
Swansea(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,132(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.759(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.14,737(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.16,629
Bridgend and Neath Port Talbot(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.4,349(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,215(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.12,138(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.17,701
Central Valleys(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.3,817(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,536(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.10,692(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.16,045
Gwent Valleys(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.4,973(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.998(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.11,257(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.17,229
[Collapse]East Wales(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.20,602(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.5,030(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.69,662(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.95,294
East WalesFlintshire and Wrexham(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.10,571(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,127(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.12,532(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.24,228
Powys(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,553(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.334(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.5,188(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.7,075
Cardiff and the Vale of Glamorgan(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.4,969(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.2,362(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.37,905(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.45,235
Monmouthshire and Newport(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.3,510(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.1,208(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.14,039(p,r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.,The data item is provisional.18,755

Metadata

Title

Sub-regional Gross Value Added by industry and Welsh NUTS areas

Last update

1 May 2024 1 May 2024

Next update

To be announced

Publishing organisation

Welsh Government

Source 1

Regional Accounts, Office for National Statistics

Contact email

economic.stats@gov.wales

Designation

National Statistics

Lowest level of geographical disaggregation

EU NUTS3 regions

Geographical coverage

Wales

Languages covered

English and Welsh

Data licensing

You may use and re-use this data free of charge in any format or medium, under the terms of the Open Government License - see http://www.nationalarchives.gov.uk/doc/open-government-licence

General description

Estimates of workplace based GVA allocate income to the region in which the economic activity takes place. Regional GVA for Wales is allocated to NUTS2 and NUTS3 areas within Wales, by industry, using workplace-based data.

Data collection and calculation

For NUTS2 areas the figures are broken down into data for 15 industry sectors, whilst for NUTS3 areas the figures are broken down into 6 very broad industry groupings.
These figures include revisions to the figures published for the period 1998 to 2017 in December 2018.
Two different measures are available for each area, namely the GVA amounts in £ million and the percentage of 'all industries GVA' for each industry.
Regional GVA is calculated at current basic prices using the balanced approach. In 2017, the ONS used both the Income and the Production approach, to produce a single estimate of GVA known as the balanced (GVA (B)) approach. More details on how this has been developed and calculated can be found in their consultation response, which Knowledge and Analytical Services contributed to. The GVA (B) estimates are currently classed as “experimental statistics”.
Data using the income approach is still available. This approach adds up all the income earned by resident individuals or corporations in the production of goods and services and is therefore the sum of uses in the generation of income account for the total economy (or alternatively the sum of primary incomes distributed by resident producer units) (National Accounts Concepts, Sources and Methods p206).

Frequency of publication

Annual

Data reference periods

1997 to 2022

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.

Statistical quality

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.

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. However, there are no regional price indices that could be used to remove the effect of inflation from the figures. Comparison of trends can therefore be based either on the difference between regional increases at current prices or on movements relative to the UK average. Both approaches would be misleading if the rate of inflation in any region were different from the UK average.

Estimates of sub-regional GVA at basic prices presented here are consistent with the 2015 edition of UK National Accounts - The Blue Book.

Weblinks

www.ons.gov.uk

Keywords

GDP; GVA

Name

Econ0032