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GVA 2014 Statistical Bulletin

07 February 2016

What is it?A summary of the important information and trends from the 2014 Gross Value Added data release. Gross Value Added (GVA) is a measure of the value of the economy due to the production of goods and services.

Example statistic:In 2014, the size of Wakefield’s economy was estimated at £6,423million. Growth for 2011-13 to 2012-14 was 3.4%, unchanged from last year. Wakefield’s economy is smaller than Bradford’s (£9,172million) and less than one third the size of the Leeds economy (£20,188million). Growth fell everywhere during the economic downturn, but Wakefield’s economy has returned to growth at a rate close the England average and more quickly than the other West Yorkshire districts.

Where to find it: The report can be downloaded from Resources & Documents ... Wakefield: Economy ... Business Intelligence Statistical Bulletin - GVA 2014.