Gross Value Added in Wales by industry

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Area

Area 1

Area 2

Year

Measure2

Measure

Industry

Industry 1

Industry 2

Industry 3

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

Total (million)

All industries

(p)

100.0

(p)

54,336

All industries

Agriculture, forestry and fishing

(p)

0.7

(p)

363

Production

(p)

21.2

(p)

11,516

Production

Mining and quarrying

(p)

0.3

(p)

178

Manufacturing

(p)

17.0

(p)

9,228

Manufacturing

Food products, beverages and tobacco

(p)

2.5

(p)

1,355

Textiles, wearing apparel and leather products

(p)

0.3

(p)

138

Wood and paper products and printing

(p)

1.1

(p)

605

Coke and refined petroleum products

(p)

0.5

(p)

297

Chemicals and chemical products

(p)

0.7

(p)

402

Basic pharmaceutical products and preparations

(p)

0.9

(p)

479

Rubber and plastic products

(p)

1.5

(p)

836

Basic metals and metal products

(p)

2.2

(p)

1,183

Computer, electronic and optical products

(p)

1.1

(p)

589

Electrical equipment

(p)

0.6

(p)

316

Machinery and equipment not elsewhere classified

(p)

0.5

(p)

255

Transport equipment

(p)

2.4

(p)

1,326

Other manufacturing and repair

(p)

2.7

(p)

1,447

Electricity, gas, steam and air-conditioning supply

(p)

2.1

(p)

1,166

Water supply; sewerage, waste management

(p)

1.7

(p)

944

Construction

(p)

6.5

(p)

3,523

Wholesale, retail, transport, hotels and food

(p)

16.5

(p)

8,966

Wholesale, retail, transport, hotels and food

Wholesale and retail trade, repair of motor vehicles

(p)

9.6

(p)

5,197

Transportation and storage

(p)

3.7

(p)

2,002

Accomodation and food service activities

(p)

3.3

(p)

1,767

Information and communication

(p)

2.8

(p)

1,537

Financial and insurance activities

(p)

4.3

(p)

2,323

Real estate activities

(p)

11.2

(p)

6,075

Professional, scientific and technical activities; administrative and support service activities

(p)

7.6

(p)

4,105

Professional, scientific and technical activities; administrative and support service activities

Professional, scientific and technical activities

(p)

4.0

(p)

2,156

Administrative and support service activities

(p)

3.6

(p)

1,949

Public administration, defence, education and health

(p)

25.5

(p)

13,838

Public administration, defence, education and health

Public administration and defence; compulsory social security

(p)

8.2

(p)

4,468

Education

(p)

7.6

(p)

4,138

Human health and social work activities

(p)

9.6

(p)

5,232

Other service activities

(p)

3.8

(p)

2,089

Other service activities

Arts, entertainment and recreation

(p)

1.4

(p)

750

Other service activities

(p)

2.2

(p)

1,202

Activities of Households

(p)

0.3

(p)

137

Metadata

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

Title

Regional Gross Value Added by industry

Last update

9 Dec 2015

Next update

Dec 2016

Publishing organisation

Welsh Government

Source 1

Regional Accounts, Office for National Statistics

Contact email

economic.stats@wales.gsi.gov.uk

Designation

National Statistics

Lowest level of geographical disaggregation

UK regions

Geographical coverage

UK regions

Languages covered

English only

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 income approach. 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

1997 to 2014

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.

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.

Weblinks

www.ons.gov.uk

Keywords

GDP
GVA

Name

Econ0014