Industrial Output
Gross Value Added (GVA) / Gross Domestic Product (GDP)
Gross Value Added (GVA) is a useful measure of productivity and is used to gauge the performance of sectors and economies. It represents the sum of all the Value Added by all the activities which produce goods or services. For local data the term GVA is now used to denote estimates that were previously referred to as GDP at basic prices.
In 2002 GVA per head in the Bradford District (based on current basic prices) stood at £12,832. This was lower than the UK and Yorkshire and Humberside figures of £15,614 and £13,508 respectively.
Between 1995-2002, Bradford GVA per head grew at an average annual rate of 4.7%, just below the regional figure of 4.9% and the national figure of 5.1%.
In 1998 Bradford’s GVA per head as a percentage of UK GVA was 85%. This figure fell to 82% in 2002.
Click on the links below for further information, tables and charts.
