This is the total gross value added (GVA) generated from all industries in the area calculated using a balanced approach to GVA. These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics. Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA. GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place.Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from all industries in the area calculated using a balanced approach to GVA. These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics. Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA. GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place.Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from accommodation and food service activities enterprises in the area calculated using a balanced approach to GVA.These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics.

Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA.

GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be rather volatile. If you see erratic movements in the time series, you should use caution in interpreting the data.

Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from education enterprises in the area calculated using a balanced approach to GVA.These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics.

Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA.

GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be rather volatile. If you see erratic movements in the time series, you should use caution in interpreting the data.

Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from arts, entertainment and recreation enterprises in the area calculated using a balanced approach to GVA.These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics.

Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA.

GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be rather volatile. If you see erratic movements in the time series, you should use caution in interpreting the data.

Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from human health and social work activities in the area calculated using a balanced approach to GVA.These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics.

Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA.

GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be rather volatile. If you see erratic movements in the time series, you should use caution in interpreting the data.

Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from information and communication enterprises in the area calculated using a balanced approach to GVA.These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics.

Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA.

GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be rather volatile. If you see erratic movements in the time series, you should use caution in interpreting the data.

Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from financial and insurance activities in the area calculated using a balanced approach to GVA.These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics.

Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA.

GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be rather volatile. If you see erratic movements in the time series, you should use caution in interpreting the data.

Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

This is the total gross value added (GVA) generated from all industries in the area calculated using a balanced approach to GVA. These figures are presented in £ millions at current basic prices. They do not allow for different regional price levels or changes in prices over time (inflation). Balanced GVA estimates are produced by combining the existing income and production GVA estimates using weighted quality metrics. Income GVA estimates are calculated by adding up the income generated by individuals or corporations in the production of goods and services whilst the Production Approach estimates GVA by calculating the total output of goods and services less the value of goods and services used up in the production process. A Balanced approach evaluates the strengths and weaknesses of these two opposing approaches and gives them an appropriate weighting in informing a single ‘balanced’ estimate of GVA. GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place.Data is Powered by LG Inform Plus and automatically checked for new data on the 4th of each month.

This is the smoothed gross value added (GVA) per hour worked in pounds at current prices, generated from enterprises in the area, calculated using a balanced approach to GVA. Labour productivity is calculated by dividing output GVA by a measure of labour input, in this case total hours worked. The balanced GVA(B) data used in this release are measured in current prices, which includes the effect of inflation. it is not possible to differentiate between the effects of price changes and quantity changes across time. Data are smoothed using a weighted 5-year moving average to reduce volitivity in the data that rises from small sample surveys. GVA estimates are on a workplace basis, that being they are allocated to where the economic activity took place. Please note, figures can be volatile due to sampling. Therefore where there are erratic movements in the time series, caution should be used in interpreting the data. Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.