The gross value added (GVA) per head of population for the UK as a whole was £19,956 in 2007. London had the highest regional GVA per head of population at £30,385, followed by the South East with £22,624. The only other region to have a GVA per head of population higher than the national average was the East with £20,524. Wales had the lowest GVA per head of population at £14,877.
Economic activity as measured by GVA, increased in all regions during the period 1989 to 2007. The rate of increase varied between the regions. The strongest growth in 2007, compared with 2006, occurred in London (7.1 per cent), Northern Ireland (6.2 per cent) and the South East (6.1 per cent). The weakest growth rate was in Wales (5.1 per cent).
London had the largest share of GVA with 18.9 per cent of the UK total, excluding Extra-Regio, in 2007. Northern Ireland had the lowest share, with 2.3 per cent.
Notes: Unless otherwise specified: Gross value added (GVA) is a measure of economic activity at basic prices, which includes taxes (less subsidies) on production but excludes taxes (less subsidies) on products. Regional GVA estimates are at current basic prices; therefore they do not allow for changes in prices over time (inflation) or differences in regional price levels.
GVA estimates are available for 12 regions and countries of the UK plus Extra-Regio (off-shore GVA that cannot be assigned to any region), 37 sub-regions (NUTS2 – mainly groups of counties and unitary authorities) and 133 local areas (NUTS3 – principally individual counties and unitary authorities). Estimates presented exclude Extra-Regio.
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Regional GVA Press Release