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Cornwall and the Isles of Scilly – the tourist sector (aGVA)

rpwills
12 minutes ago
2 min read
One source of data is that of approximate Gross Value Added (aGVA) derived from the Annual Business Survey (ABS).  As the name suggests these figures are approximate and not the same total GVA data. The figures relate to the ABS for 2017.

  
What do the figures tell us?
The data gave a total tourist sector of £904.6 million.  The majority of output was derived from Food and beverage service activities - £456.2 million (50.4%) and Accommodation £255.1 million (28.2%).
 
 
Sector
£m
% share
56
Food and beverage service activities
456.2
50.4
55
Accommodation
255.1
28.2
49
Land transport
51.3
5.7
92
 Gambling and betting activities
41.6
4.6
93
Sports activities and amusement and recreation activities
22.8
2.5
91
Libraries, archives, museums and other cultural activities
21.0
2.3
77
Rental and leasing activities
17.7
2.0
90
Creative, arts and entertainment activities
14.3
1.6
50
Water transport
13.3
1.5
79
Travel agency, tour operator and related activities
9.8
1.1
82
Office administrative, office support and other business support activities
1.5
0.2
 
Total
904.6
100.0
 
A further breakdown shows that five groups constituted nearly two-thirds of that total.  These were: Public houses and bars – 16.5%, Hotels etc – 16%, Licensed restaurants – 13.8%, Unlicensed restaurants and cafes – 10.7%, and Camping grounds etc – 7.5%. 
 

Sector

£m

% share

Public houses and bars

    149.6

16.5

Hotels and similar accommodation

    144.6

16.0

Licensed restaurants

    124.6

13.8

Unlicensed restaurants and cafes

      97.0

10.7

Camping grounds recreational vehicle parks and trailer parks

      68.0

7.5

Sub-total

    583.9

     64.5

Total

904.6

 100

 
 
Notes
The Annual Business Survey (ABS) is the main structural business survey conducted by Office for National Statistics (ONS). Prior to 2009, the ABS was known as the Annual Business Inquiry – part 2 (ABI/2) with data going back to 1995.
The ABS publishes financial information from businesses representing the UK non-financial business economy (about two-thirds of the UK economy). The financial variables covered include turnover, purchases, employment costs, capital expenditure and stocks. We are then able to calculate approximate gross value added (aGVA), which is a measure of the income generated by the surveyed businesses (and the industry or sector they represent) less their intermediate consumption of goods and services used up in order to produce their output. This is an input into the measurement of the UK's gross domestic product (GDP). [ONS, 2024]. 
  
Source
Office for National Statistics, (June 2024), Annual Business Survey (ABS)
 
Office for National Statistics, (July 2018), Annual Business Survey 2017, NUTS3 and LAU1 aGVA data for Tourism in England.

 

 
 
 

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