Gross Value Added by industry sector


Total GVA for the Lancashire-14 area amounted to £27.7 billion in 2014, of which a substantial 18.0% was allocated to the manufacturing (UK=10.7%). In contrast, Lancashire-14 was under-represented in the information and communication, financial and insurance, real estate, plus the professional, scientific and technical sector. These four sectors are associated with high value activities, but in Lancashire-14 they together accounted for just 21.1% of the area's GVA (UK=33.8%).

The manufacturing sector is further divided into 13 sub-sectors. The most important manufacturing sub-sector in the county, transport equipment, is dominated by the all-important local aerospace industry. The manufacturing sub-sector of food products, beverages and tobacco is the second most important in terms of value generated.  

Further analysis

Local Gross Value Added by Industry (PDF, 172 KB)

Page updated July 2016