Economic profile information for Gloucestershire
Businesses
The majority of business units are small employers, with 72% of businesses in Gloucestershire employing between 1-4 people in 2006.
Although there are comparatively few large firms (0.5%) employing more than 200 people, they still employ a significant proportion (23%) of the county’s employees.
Number of Business Units in Gloucestershire
|
|
Number of Business Units
|
|---|
|
Source: Annual Business Inquiry, 2006 (ONS) (NOMIS)
|
|
Gloucestershire
|
26,700
|
|---|
|
South West
|
215,100
|
|---|
|
Great Britain
|
2,348,400
|
|---|
Productivity
GVA (£ per head) at current basic prices 2004.
GVA (£ per head) at current basic prices 2004.
|
|
GVA per head (£)
|
|---|
|
Source: ONS First Release Dec 2007
|
|
Gloucestershire
|
19,095
|
|---|
|
South West
|
16,175
|
|---|
|
Great Britain
|
17,577
|
|---|
GDP and its Local Application –
An Introduction to Gross Domestic Product and its local applications
Employment
The number of employees in Gloucestershire has shown steady growth in the last 5 years that is higher than the regional and national average.
Number of Employees in Gloucestershire
|
|
Number of employees
|
|---|
|
Source: Annual Business Inquiry, 2006 (ONS) (NOMIS)
|
|
Gloucestershire
|
251,000
|
|---|
|
South West
|
2,190,300
|
|---|
|
Great Britain
|
26,160,400
|
|---|
Self Employment
The number of self-employed people in Gloucestershire who are sixteen years and older is estimated to be around 39,900.
Number of Self Employees in Gloucestershire
|
|
% who are self employed - 16 +
|
|---|
|
Source: Annual Population Survey, Apr 06-Mar 07 (ONS) (NOMIS)
|
|
Gloucestershire
|
13.9
|
|---|
|
South West
|
14.6
|
|---|
|
Great Britain
|
13.1
|
|---|
Unemployment
The unemployment rate is an indicator of the supply of labour relative to demand within the labour market. .
Unemployment in Gloucestershire
|
|
% of Unemployment
|
|---|
|
Source Claimant count: % of resident working age population ONS Crown Copyright Reserved
|
|
Gloucestershire
|
1.5
|
|---|
|
South West
|
1.4
|
|---|
|
Great Britain
|
2.3
|
|---|
Gloucestershire Unemployment Data
Key Sectors
Key industrial sectors are identified on the basis of their potential economic performance. The key sectors are as follows:
-
Advanced engineering
-
Care
-
Creative industries
-
Construction
-
Distribution
-
Environmental technology
-
Finance & business services
-
Food supply chain
-
ICT
-
Leisure & tourism
-
Manufacturing
-
Public sector
Average Earnings
In addition to GVA, average earnings can be indicative of an area's economic prosperity.
|
|
Gross weekly pay (£)
|
|---|
|
Source: Annual Business Inquiry, 2006 (ONS) (NOMIS)
|
|
Gloucestershire
|
467.6
|
|---|
|
South West
|
433.4
|
|---|
|
Great Britain
|
459.0
|
|---|
All information and data has been sourced from GLMIU
www.gloucestershire.gov.uk/glmiu
.