Economic Intelligence Wales

Displaying Reports and Figures
Displaying Reports and Figures
Quarterly report
04 November 2025
This is the first Economic Intelligence Wales quarterly report for 2025/26. The report reviews economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for Q1 2025/26.

The report reviews the economic conditions which impact growth and other factors influencing SME investment as the growth of SME lending turns positive for the first time since 2021.
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Quarterly report
04 November 2025
This is the first Economic Intelligence Wales quarterly report for 2025/26. The report reviews economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for Q1 2025/26.

The report reviews the economic conditions which impact growth and other factors influencing SME investment as the growth of SME lending turns positive for the first time since 2021.
View report
Displaying Reports and Figures
Displaying Reports and Figures
Annual report
03 September 2025
This is the seventh Economic Intelligence Wales annual report. The report reviews economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for 2024/25.

Prospects for SMEs in Wales continue to be affected by factors that shape UK and international growth. These factors impact the demand for external finance for investment, industrial output, business optimism, and commercial banks' lending appetite.
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Annual report
03 September 2025
This is the seventh Economic Intelligence Wales annual report. The report reviews economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for 2024/25.

Prospects for SMEs in Wales continue to be affected by factors that shape UK and international growth. These factors impact the demand for external finance for investment, industrial output, business optimism, and commercial banks' lending appetite.
View report
Displaying Reports and Figures
Displaying Reports and Figures
Quarterly report
05 June 2025
This is the third Economic Intelligence Wales quarterly report of 2024/25. The report reviews economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for the third quarter of 2024/25.

Fast moving changes in the international trade environment will create problems for the Welsh economy. Trade tensions could disrupt the gradual reduction in inflation and impact the Welsh economy unevenly.
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Quarterly report
05 June 2025
This is the third Economic Intelligence Wales quarterly report of 2024/25. The report reviews economic data relevant to SME development in Wales and a summary of the investment activities of the Development Bank of Wales for the third quarter of 2024/25.

Fast moving changes in the international trade environment will create problems for the Welsh economy. Trade tensions could disrupt the gradual reduction in inflation and impact the Welsh economy unevenly.
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Research
Research
Wales SME Access to Finance Report
16 May 2024
Economic Intelligence Wales has been collaborating with the British Business Bank to better understand the differences between sub-national access to finance.

The report covers results from a survey of almost 500 businesses located in Wales and found that finance use was lower when compared to other Devolved Nations.
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Wales SME Access to Finance Report
16 May 2024
Economic Intelligence Wales has been collaborating with the British Business Bank to better understand the differences between sub-national access to finance.

The report covers results from a survey of almost 500 businesses located in Wales and found that finance use was lower when compared to other Devolved Nations.
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Research
Research
Covid-19 Welsh Government financial interventions
09 May 2024
This final report in a long-term programme of research includes further survey evidence and a summary of the impacts of Welsh Government Covid-19 financial support to businesses.
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Covid-19 Welsh Government financial interventions
09 May 2024
This final report in a long-term programme of research includes further survey evidence and a summary of the impacts of Welsh Government Covid-19 financial support to businesses.
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Research
Research
R&D-intensive businesses in Wales
21 March 2024
Business research and development (R&D) plays a foundational role in firms’ ability to innovate and create value from new products, services and business models.

As part of the Economic Intelligence Wales collaboration, the Enterprise Research Centre has analysed high-R&D intensity firms in Wales, a group of firms which through their investments in R&D demonstrate a strong commitment to innovation and future value creation.
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R&D-intensive businesses in Wales
21 March 2024
Business research and development (R&D) plays a foundational role in firms’ ability to innovate and create value from new products, services and business models.

As part of the Economic Intelligence Wales collaboration, the Enterprise Research Centre has analysed high-R&D intensity firms in Wales, a group of firms which through their investments in R&D demonstrate a strong commitment to innovation and future value creation.
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Welsh construction sector output shows a recent increase but is still down on 2022 levels