General description

The data give estimates of gross disposable household sector income for the UK, Wales, Welsh economic regions and Welsh sub-regions for the period 1997 to 2015.

Data collection and calculation

Gross disposable household Income (GDHI) is one of the balances drawn in the household sector of the National Accounts. The sector actually covers households, sole-traders and not for profit institutions serving households (such as universities and charities).
GDHI is an estimate of the amount of money that households have available for consumption expenditure or saving. It is equivalent to the excess of income (including earnings, pensions, investments, benefits etc) over expenditures associated with their income (tax, property ownership and the provision for future pension provision).
Estimates of GDHI presented here are consistent with the 2016 edition of UK National Accounts - The Blue Book.

Frequency of publication

Annual

Data reference periods

1997 to 2017

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

Household income by Welsh economic region - Archived - No longer updated - All data relating to Gross Disposable Household Income and other breakdowns below, is available in the econ0016 dataset.

Last update

24 May 2019 24 May 2019

Next update

Archived - No longer updated - All data relating to Gross Disposable Household Income and other breakdowns below, is available in the econ0016 dataset.

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

Statistical quality

GDHI is an estimate of the amount of money that households have available for consumption expenditure or saving. It is equivalent to the excess of income (including earnings, pensions, investments, benefits etc) over expenditures associated with their income (tax, property ownership and the provision for future pension provision).
GDHI is made up of the balance of primary incomes less the balance of secondary incomes. The balance of primary incomes are the result of individuals’ participation in the production process, for example, as employees providing labour or through the ownership of assets and/or from self-employment less primary uses which consist of property income paid, i.e. rent on land and interest paid on mortgages and other borrowing. The balance of secondary incomes are received as the result of redistribution of income, for example, pensions and benefits less secondary uses which are mainly non-discretionary payments, i.e. taxes and social contributions to National Insurance.
Estimates of GDHI presented here are consistent with the 2016 edition of UK National Accounts - The Blue Book.

Keywords

Household income

Weblinks

http://www.ons.gov.uk/ons/guide-method/method-quality/quality/quality-information/economic-statistics/quality-and-methodology-information-for-regional-gross-disposable-household-income--gdhi-.pdf

Name

Econ0092