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Gross Domestic Product at current market prices (£millions) (21169) Metric type
- Help text
- This is the Gross Domestic Product (GDP) at current market prices, in pounds million for the area. The data is based on the balanced measure of regional gross value added (GVA(B)) which combines estimates produced using the income and production approaches to create a single best estimate of GVA for each industry in each region. GDP is equivalent to GVA plus Value Added Tax (VAT) plus other taxes on products less subsidies on products.
The latest year's data are provisional. Components may not sum to totals as a result of rounding.
Workplace-based estimates are allocated to the area in which the economic activity takes place.
- Modified
- 23 Aug 2023
- Data last updated
- 24 Apr 2024
- Short label
- GDP at current market prices (£m)
- Status
- Live
- Output precision
- 0
- Polarity
- a high value is good
- Measure
- GDP
- Dataset
- Regional economic activity by gross domestic product
- Collection
- Gross Domestic Product (GDP)
- Source
- Office for National Statistics
- is found in the following lists
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