Gross Value Added in Wales by industry

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Chart

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Area

Area 1

Area 2

Year

Measure2

Measure

Industry

Industry 1

Industry 2

Industry 3

Industry 4

Percentage of all industries Percentage of GVA for all industries for given area.

Total (million)

All industries

(p)

100.0

(p)

81,458

All industries

Production Sector

(p)

21.0

(p)

17,091

Production Sector

Agriculture, forestry and fishing

(p)

1.2

(p)

1,009

Mining and quarrying

(p)

0.2

(p)

202

Manufacturing

(p)

15.6

(p)

12,707

Electricity, gas, steam and air-conditioning supply

(p)

2.0

(p)

1,623

Water supply, sewerage, waste management

(p)

1.9

(p)

1,551

Construction

(p)

6.4

(p)

5,180

Construction

Construction of buildings

(p)

1.5

(p)

1,211

Civil engineering

(p)

1.3

(p)

1,041

Specialised construction activities

(p)

3.6

(p)

2,928

Services sector

(p)

72.7

(p)

59,186

Services sector

Wholesale and retail trade, repair of motor vehicles

(p)

8.5

(p)

6,962

Transportation and storage

(p)

2.8

(p)

2,300

Accomodation and food service activities

(p)

3.2

(p)

2,585

Information and communication

(p)

2.9

(p)

2,376

Financial and insurance activities

(p)

6.3

(p)

5,129

Real estate activities

(p)

11.8

(p)

9,642

Professional, scientific and technical activities

(p)

4.2

(p)

3,384

Administrative and support service activities

(p)

3.5

(p)

2,839

Public administration and defence; compulsory social security

(p)

8.6

(p)

6,977

Education

(p)

6.4

(p)

5,225

Human health and social work activities

(p)

11.8

(p)

9,591

Arts, entertainment and recreation

(p)

1.0

(p)

812

Other service activities

(p)

1.5

(p)

1,246

Activities of Households

(p)

0.1

(p)

116

Metadata

Summary information
High level information
Weblinks
Keywords
Statistical quality information
Open Data

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.

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.

With so many geography changes, the industry groupings have also been updated to avoid disclosure of confidential information.

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.

Title

Regional Gross Value Added by industry

Last update

May 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

Weblinks

https://www.ons.gov.uk/economy/grossvalueaddedgva/datasets/nominalandrealregionalgrossvalueaddedbalancedbyindustry

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. 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.

Metadata

General description

Data collection and calculation

Frequency of publication

Data reference periods

Rounding applied

Revisions information

Title

Last update

Next update

Publishing organisation

Source 1

Contact email

Designation

Lowest level of geographical disaggregation

Geographical coverage

Languages covered

Data licensing

Weblinks

Keywords

Statistical quality

Name

Dataset

Metadata

Dimensions

Items