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Welsh Government
Data Provider: Welsh Government Gross Value Added per head, Index (UK=100) by Welsh NUTS3 areas and year
None
Measure[Filtered]
GVA ApproachThe balanced (GVA (B)) approach are now the ONS\' official GVA approach. [Filtered]
Measure2
Year[Filtered]
[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
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[Collapse]Wales73.972.873.273.873.474.174.674.372.772.6(p) The data item is provisional.72.2
Wales[Collapse]North Wales75.772.973.573.874.075.075.174.674.775.3(p) The data item is provisional.76.8
North WalesIsle of Anglesey51.750.252.254.453.954.755.752.654.960.5(p) The data item is provisional.58.9
Gwynedd74.771.771.569.871.070.870.866.568.567.3(p) The data item is provisional.66.9
Conwy and Denbighshire59.659.259.360.061.861.561.061.359.959.6(p) The data item is provisional.60.6
Flintshire and Wrexham93.588.889.890.088.791.391.592.792.693.4(p) The data item is provisional.96.9
[Collapse]Mid and South West Wales66.065.867.267.466.867.067.966.464.765.4(p) The data item is provisional.64.2
Mid and South West WalesMid Wales61.960.362.162.161.062.060.861.959.659.9(p) The data item is provisional.60.4
South West Wales62.561.066.365.664.863.366.062.961.266.2(p) The data item is provisional.63.8
Swansea77.480.777.278.678.881.180.979.476.574.0(p) The data item is provisional.72.9
Neath Port Talbot60.159.059.760.059.058.560.558.660.057.0(p) The data item is provisional.55.3
[Collapse]South East Wales77.977.076.777.677.177.878.478.876.575.6(p) The data item is provisional.74.8
South East WalesCentral Valleys and Bridgend68.868.966.566.566.166.366.766.263.863.4(p) The data item is provisional.62.2
Cardiff and Vale of Glamorgan100.699.499.5101.5100.599.6100.6102.4100.297.8(p) The data item is provisional.96.0
Gwent Valleys54.753.754.154.154.555.656.556.455.955.0(p) The data item is provisional.55.3
Monmouthshire and Newport82.280.281.483.082.085.884.984.980.280.2(p) The data item is provisional.79.6

Metadata

Title

Sub-regional Gross Value Added by Welsh ITL areas

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

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

Keywords

GDP; GVA

General description

Regional GVA for Wales is allocated to ITL2 and ITL3 areas within Wales, by industry, using workplace-based data. Three different measures are available for each area, namely the GVA amounts in £ million, GVA per head and GVA per head indexed to UK = 100.

Data collection and calculation

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.

Revisions information

In 2025, ONS updated the International Territorial Levels (ITL) geography framework. This has led to changes to the sub-region classifications for Wales at the ITL2 and ITL3 levels.

As such, we are unable to indicate which data have been revised from the 2024 update, revision notes will be reinstated with the 2026 publication.

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