Top 5 and Bottom 5 GVA per head of population, indexed to UK=100, 2003
Inner London contributed £113bn to the UK economy (measured as gross value added (GVA)) in 2003 (this is at current basic prices and before taking account of inflation). At £38,800 Inner London also had the highest GVA per head of population, more than double the UK average of £16,100.
Highlands and Islands had the smallest share of GVA at £4bn. Cornwall & Isles of Scilly (£10,400) West Wales & the Valleys (£10,600) and the Highlands & Islands (£11,400) had the lowest GVA per head of population in 2003.
Growth in GVA between 2003 compared to 2002 was greatest in Lincolnshire at 7.4 per cent followed by Essex at 7 per cent. Outer London and Tees Valley and Durham had the lowest growth at 4.5 per cent and 4.6 per cent respectively.
At the local level Inner London West contributed the most to the UK GVA in 2003 with 7.6 per cent. Outside London, Greater Manchester South contributed the most at 2.6 per cent.
Inner London West contributed £3.6bn more to the UK GVA in 2003 than 2002. Outside London, the greatest increase in contribution to the UK economy was Greater Manchester South and Essex County Council with £1.3bn and £1.2bn respectively.
Growth in the local economies in 2003 compared to 2002 were greatest in Gwynedd and Powys at 8.7 per cent and 8.3 per cent respectively. The areas with the lowest growth for the same period were Torbay and West Lothian at 3 per cent and 3.1 per cent, compared to the UK growth of 5.5 per cent.