GVA
Year | Regional Gross Value Added |
---|---|
2001 | 35,206 |
2002 | 38,685 |
2003 | 38,922 |
2004 | 40,915 |
2005 | 42,291 |
2006 | 44,089 |
2007 | 46,189 |
In 2007, Greater Manchester's GVA was £46,189m
There is a large disparity between the south and north of Greater Manchester - with the south (which includes the boroughs of Manchester, Stockport and Trafford) nearly double the GVA of the north of Greater Manchester.
The south of Greater Manchester includes the City of Manchester - the financial heart of the north, Trafford with Trafford Park - a major industrial park nationally and Stockport which has a low unemployment.
Overall Greater Manchester produced £46,189m of the North West's £116,466m GVA output in 2007 - with North West of England producing the 3rd highest GVA after London and the South East accounting for 10% of the United Kingdom's total GVA.
Read more about this topic: Economy Of Manchester