Estimates of economic output at three geographical workplace levels for 2017.
This is the latest release in the series: Regional gross value added and sub-regional gross value added
The ONS has produced a single estimate of gross value added (GVA) known as the balanced (GVA (B)) approach, using the strengths of both the income and production approaches. These estimates are now the ONS’ official GVA approach.
- Total GVA (B) in Wales in 2017 was £62.2 billion, up 3.1 per cent on 2016. GVA for the UK (excluding extra-regio) rose by 3.5 per cent.
- Since 2009, total GVA in Wales has increased by 30.2 per cent. This is the fourth highest increase of the 12 UK countries and English regions.
- GVA per head in Wales in 2017 was £19,899, up 2.7 per cent on 2016. This is the eighth highest increase over the year of the 12 UK countries and English regions. GVA per head for the UK (excluding extra-regio) rose by 2.9 per cent.
- GVA per head in Wales has increased by 26.6 per cent between 2009 and 2017. This is the third largest increase of the 12 UK countries and English regions.
- GVA per head in Wales in 2017 was 72.9 per cent of the UK figure (excluding extra-regio), the lowest of the UK countries and English regions. This was down 0.1 percentage points over the year.
- In East Wales GVA per head was 89.9 per cent of the UK figure, while in West Wales and the Valleys it was 62.8 per cent of the UK figure.
- Other lower geographical areas are available from ONS including NUTS 3 local areas, local authorities, and city regions.
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