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Data Provider: Welsh Government National Statistics Gross Value Added in Wales by industry
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[Collapse]Area[Filtered]
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[Collapse]Area 1[Filtered]
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Area 2[Filter]
Year[Filtered]
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Measure[Filter]
[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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Industry 4
Click here to sortPercentage of all industriesPercentage of GVA for all industries for given area.Click here to sortTotal (million)
[Collapse]All industries(p) The data item is provisional.100.0(p) The data item is provisional.69,500
All industries[Collapse]Production Sector(p) The data item is provisional.23.1(p) The data item is provisional.16,076
Production Sector[Expand]Agriculture, forestry and fishing(p) The data item is provisional.1.1(p) The data item is provisional.787
[Expand]Mining and quarrying(p) The data item is provisional.0.3(p) The data item is provisional.183
[Expand]Manufacturing(p) The data item is provisional.17.3(p) The data item is provisional.11,991
[Expand]Electricity, gas, steam and air-conditioning supply(p) The data item is provisional.2.7(p) The data item is provisional.1,904
[Expand]Water supply, sewerage, waste management(p) The data item is provisional.1.7(p) The data item is provisional.1,211
[Collapse]Construction(p) The data item is provisional.5.9(p) The data item is provisional.4,129
Construction[Expand]Construction of buildings(p) The data item is provisional.1.7(p) The data item is provisional.1,195
[Expand]Civil engineering(p) The data item is provisional.1.4(p) The data item is provisional.949
[Expand]Specialised construction activities(p) The data item is provisional.2.9(p) The data item is provisional.1,985
[Collapse]Services sector(p) The data item is provisional.70.9(p) The data item is provisional.49,295
Services sector[Expand]Wholesale and retail trade, repair of motor vehicles(p) The data item is provisional.9.8(p) The data item is provisional.6,782
[Expand]Transportation and storage(p) The data item is provisional.2.4(p) The data item is provisional.1,665
[Expand]Accomodation and food service activities(p) The data item is provisional.2.7(p) The data item is provisional.1,903
[Expand]Information and communication(p) The data item is provisional.3.0(p) The data item is provisional.2,110
[Expand]Financial and insurance activities(p) The data item is provisional.5.6(p) The data item is provisional.3,923
[Expand]Real estate activities(p) The data item is provisional.10.9(p) The data item is provisional.7,585
[Expand]Professional, scientific and technical activities(p) The data item is provisional.3.7(p) The data item is provisional.2,587
[Expand]Administrative and support service activities(p) The data item is provisional.3.6(p) The data item is provisional.2,526
[Expand]Public administration and defence; compulsory social security(p) The data item is provisional.8.4(p) The data item is provisional.5,860
[Expand]Education(p) The data item is provisional.6.7(p) The data item is provisional.4,630
[Expand]Human health and social work activities(p) The data item is provisional.11.6(p) The data item is provisional.8,032
[Expand]Arts, entertainment and recreation(p) The data item is provisional.1.0(p) The data item is provisional.700
[Expand]Other service activities(p) The data item is provisional.1.3(p) The data item is provisional.929
[Expand]Activities of Households(p) The data item is provisional.0.1(p) The data item is provisional.63

Metadata

General description

Estimates of workplace based GVA allocate incomes to the region in which the economic activity takes place into different industries, giving the GVA amounts in £ million along with the percentage of 'all industries GVA' for each industry.

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. 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

1998 to 2021

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.

Title

Regional Gross Value Added by industry

Last update

27 April 2023 27 April 2023

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

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