Monday, 13 December 2010

GVA Fall In All Regions 2009

Gross Value Added (GVA) GVA and GVA per head fell in all regions of the UK in 2009 due to the impact of the recession. There was still a wide variation in the extent of the effect. The East of England had the biggest fall. Scotland had the smallest decline. London had the highest share of GVA in the UK with 21.5% and the South East was next with 14.3%. The North East had the lowest share in England with 3.3%. England had 85.8% of GVA and N. Ireland 2.3% (of the 12 NUTS1 Levels).

At the level of the 37 NUTS2 sub-regions, the top five included Inner London and North East Scotland the bottom five included West Wales and the Valleys, Cornwall and the Isles of Scilly, Lincolnshire and Tees Valley and Durham. London had the biggest share of GVA per head with £60,686 the lowest was West Wales and the Valleys with £12,860. GVA per head increased in all NUTS2 sub-regions in 2008.

Breaking the statistics down to the 133 NUTS3 local areas level the top area was Inner London West the bottom area the Isle of Anglesey. The City of Edinburgh was second highest and then Inner London East.

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