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Welsh Government
Data Provider: Welsh Government Gross Value Added by area and component
None
GVA ApproachThe balanced (GVA (B)) approach are now the ONS\' official GVA approach.[Filtered]
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Year(Ascending)[Filtered]
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Component 1
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[Collapse]Area 1
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Area 2
[Collapse]2022[Collapse]2023
[Collapse]TotalRegional GVA estimates are calculated on a residence basis. That is, compensation of employees of commuters is attributed to the region of residence rather than to the region of workplace in those cases where the two are different. ONS also publish estimClick here to sortTotalRegional GVA estimates are calculated on a residence basis. That is, compensation of employees of commuters is attributed to the region of residence rather than to the region of workplace in those cases where the two are different. ONS also publish estim[Collapse]TotalRegional GVA estimates are calculated on a residence basis. That is, compensation of employees of commuters is attributed to the region of residence rather than to the region of workplace in those cases where the two are different. ONS also publish estimClick here to sortTotalRegional GVA estimates are calculated on a residence basis. That is, compensation of employees of commuters is attributed to the region of residence rather than to the region of workplace in those cases where the two are different. ONS also publish estim
Click here to sortCompensation of employeesThis comprises wages and salaries plus employers\' social contributions.Click here to sortOtherThis comprises gross operating surplus and mixed income. It comprises elements such as company profits and surpluses, income from self employment and rental income.Click here to sortStatistical discrepancy (income adjusted)Statistical discrepancy between income components and GDP.Click here to sortCompensation of employeesThis comprises wages and salaries plus employers\' social contributions.Click here to sortOtherThis comprises gross operating surplus and mixed income. It comprises elements such as company profits and surpluses, income from self employment and rental income.Click here to sortStatistical discrepancy (income adjusted)Statistical discrepancy between income components and GDP.
[Collapse]£ million[Expand]UK(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.1,243,334(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.1,022,898(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.150(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.2,266,082(p) The data item is provisional.1,344,422(p) The data item is provisional.1,119,447(p) The data item is provisional.718(p) The data item is provisional.2,464,587
[Collapse]UK excluding Extra-RegioThe UK total excluding any elements of GVA that cannot be assigned to specific regions, i.e. elements that are Extra-regio. It is the total of the English regions and the three devolved administrations and is the most appropriate aggregation to use when(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.1,239,857(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.989,091(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.150(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.2,228,798(p) The data item is provisional.1,341,282(p) The data item is provisional.1,092,038(p) The data item is provisional.1,087(p) The data item is provisional.2,434,407
UK excluding Extra-RegioThe UK total excluding any elements of GVA that cannot be assigned to specific regions, i.e. elements that are Extra-regio. It is the total of the English regions and the three devolved administrations and is the most appropriate aggregation to use when[Collapse]England(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.1,073,308(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.862,996(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.50(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.1,936,254(p) The data item is provisional.1,159,993(p) The data item is provisional.952,415(p) The data item is provisional.929(p) The data item is provisional.2,113,338
EnglandNorth East(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.37,239(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.25,125(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.62,364(p) The data item is provisional.40,938(p) The data item is provisional.27,901(p) The data item is provisional.52(p) The data item is provisional.68,891
North West(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.130,187(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.91,709(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.50(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.221,845(p) The data item is provisional.141,120(p) The data item is provisional.102,165(p) The data item is provisional.102(p) The data item is provisional.243,386
Yorkshire and the Humber(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.86,245(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.64,438(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.150,684(p) The data item is provisional.93,615(p) The data item is provisional.70,187(p) The data item is provisional.25(p) The data item is provisional.163,826
East Midlands(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.74,381(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.53,873(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.128,254(p) The data item is provisional.79,890(p) The data item is provisional.59,791(p) The data item is provisional.43(p) The data item is provisional.139,722
West Midlands(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.94,334(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.64,626(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.158,960(p) The data item is provisional.102,805(p) The data item is provisional.71,726(p) The data item is provisional.77(p) The data item is provisional.174,608
East(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.98,464(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.89,144(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.187,608(p) The data item is provisional.106,195(p) The data item is provisional.98,929(p) The data item is provisional.186(p) The data item is provisional.205,310
London(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.276,681253,089(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.529,771(p) The data item is provisional.298,306(p) The data item is provisional.278,871(p) The data item is provisional.-37(p) The data item is provisional.577,141
South East(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.181,169(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.144,976(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.326,144(p) The data item is provisional.195,173(p) The data item is provisional.159,041(p) The data item is provisional.287(p) The data item is provisional.354,501
South West(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.94,610(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.76,014(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.170,624(p) The data item is provisional.101,950(p) The data item is provisional.83,808(p) The data item is provisional.194(p) The data item is provisional.185,952
[Expand]Wales(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.42,779(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.32,197(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.74,977(p) The data item is provisional.46,156(p) The data item is provisional.35,246(p) The data item is provisional.55(p) The data item is provisional.81,458
[Expand]Scotland(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.95,173(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.71,794(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.100(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.166,866(p) The data item is provisional.103,771(p) The data item is provisional.79,666(p) The data item is provisional.34(p) The data item is provisional.183,471
[Expand]Northern Ireland(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.28,597(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.22,105(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.50,701(p) The data item is provisional.31,362(p) The data item is provisional.24,710(p) The data item is provisional.69(p) The data item is provisional.56,141
[Expand]Extra-RegioThe GVA for Extra-Regio comprises compensation of employees, holding gains and gross trading profits which cannot be assigned to regions.(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.3,477(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.33,807(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.0(r) The data item has been revised since previously published in StatsWales. The revision may not be reflected in the rounded value.37,284(p) The data item is provisional.3,140(p) The data item is provisional.27,409(p) The data item is provisional.-369(p) The data item is provisional.30,180

Metadata

Title

Regional Gross Value Added by component

Last update

July 2025 July 2025

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

UK regions

Geographical coverage

UK regions

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

This dataset gives Gross Value Added (GVA) figures for UK regions, they include revisions to the figures published for the period 1998 to 2023 in June 2025.

Data collection and calculation

The dataset provides a breakdown of workplace-based regional GVA into the components of compensation of employees, other and total.

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.

Frequency of publication

Annual

Data reference periods

1998 to 2023

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.

Keywords

GDP; GVA

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.

Regional GVA is measured in current prices, which means that increases over time reflect inflation as well as real growth. Trends in total or per head 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: https://www.ons.gov.uk/economy/grossvalueaddedgva/datasets/nominalandrealregionalgrossvalueaddedbalancedbyindustry

Estimates of regional GVA at basic prices presented here are consistent with the 2024 edition of UK National Accounts - The Blue Book.