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In economics, gross value added (GVA) is the measure of the value of goods and services produced in an area, industry or sector of an economy. "Gross value added is the value of output minus the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the ...
The United Kingdom fishing industry contributed £446 million in 2019 in terms of Gross Value Added (GVA); this represents 0.02% of the UK's total GVA. [46] In 2021, 53% of fishers were based in England and Wales, 40% in Scotland and 8% in Northern Ireland. The largest English region was the South West, contributing 10% of overall output in the ...
Gross value added (GVA) is a measure of the value of goods and services produced in a localized area without considering taxes and subsidies (unlike gross domestic product (GDP)). Additionally, the ONS's estimates on GVA adapt to regional disparities in commuting regions by allocating the GVA to the area in which an employee commuted from.
Chapter 1; [5] provides a summary of the UK National Accounts along with explanations and tables that cover the main national and domestic aggregates, for example gross domestic product [6] at current market prices and chained volume measures; the GDP deflator; gross value added (GVA) at basic prices; gross final expenditure at current prices; GDP per head and; GDP and real household ...
GVA per capita [1] Total GVA 1 England. ∟ London ∟ South East ∟ East of England ∟ South West ∟ North West ∟ West Midlands ∟ East Midlands ∟ Yorkshire and the Humber ∟ North East. £33,976. £58,557 £35,845 £29,586 £29,882 £29,232 £26,632 £26,099 £27,309 £23,521 £1940 billion. £519 billion £336 billion £189 billion ...
The economy of Jersey is a highly developed social market [8] economy. It is largely driven by international financial services and legal services, which accounted for 39.5% of total GVA in 2019, a 4% increase on 2018. [9]
In 2013, Birmingham's GVA was £24.1bn, accounting for 21.8% of the GVA of the West Midlands (region), and 1.6% of the GVA of the UK. Compared with other NUTS 3 city areas, its GVA is exceeded only by London (comprising five NUTS 3 areas – £309.3bn) and Greater Manchester South (£34.8bn).
The health and social care sector represents the single largest industry within Liverpool in terms of economic output, making-up 7% (£1.66m) of regional gross value added (GVA) (December 2019 basic prices). [10] The sector is also the single largest employer, representing 16.7% (32,804 jobs) of all employment within the city in 2011. [11]