Economy This is the first time the Office for National Statistics (ONS) has released a "balanced estimate" of regional gross value added (GVA(B)); this "balances" the income and production approaches to measuring the economy into a single estimate at a regional level; we believe the UK is the first country to produce a balanced measure of regional GVA.
This publication has included the use of Value Added Tax (VAT) returns in the compilation of balanced regional GVA estimates for 2016; the first ONS publication to use VAT returns.
In 2016, GVA for the UK, in chained volume measures, increased by 1.6%; the highest annual "real" growth of NUTS1 areas was in London at 3.0% and the lowest annual growth was in the North East at negative 1.0%.
GVA for the UK in current basic prices grew by 3.7% between 2015 and 2016; the highest annual nominal growth of NUTS1 areas was in London at 5.1% and the lowest annual growth was in the North East at 1.2%.
At the NUTS1 level, in 2016, London had the highest GVA per head, in current basic prices, at £46,482 while Wales had the lowest at £19,140.
In 2016, in current basic prices, all capital cities showed strong growth, with the highest increase in Cardiff at 5.7%, closely followed by London, at 5.1%; Edinburgh has increased by 4.6% while the lowest growth was seen in Belfast at 2.3%.
In 2016, in current basic prices, all combined authorities have increased, with the strongest growth in the West of England at 5.5%; the lowest growth was in Tees Valley at 0.1%.
At the NUTS3 level, in terms of GVA per head, the highest growth was in Hounslow and Richmond upon Thames at 8.2%, while the lowest growth was in Darlington at negative 2.5%.
At the NUTS3 level, in 2016, Camden and City of London had the highest GVA per head, in current basic prices, at £318,673 while the Isle of Anglesey had the lowest at £13,655; both extremes are highly affected by commuting flows. People, population and community Overseas residents made 3.1 million visits to the UK in September 2017; this has decreased by 1% when compared with September 2016.
UK residents made 7.8 million visits abroad in September 2017, a 1% decrease when compared with September 2016.
Overseas residents spent £2.3 billion on their visits to the UK in September 2017; this is an increase of 2% when compared with September 2016.
UK residents spent £5.1 billion on their visits abroad in September 2017, a 2% decrease when compared with September 2016. | 
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