We have published a host
of economic indicators about Liverpool for the benefit of those interested
in tracking the City's economic characteristics and performance - and in
recent years its dramatic improvement. The information on this site provides
a taster of the social and economic data available to assist businesses
in making investment decisions. For prospective investors requiring more
specific and detailed information please click
here (please state the information you require and we will get back
to you as soon as possible).
The information provided is taken from official statistical sources (quoted), and is the most up-to-date available at the time of publishing. It is presented graphically for ease of use.
An annual economic assessment for the city based on a range of social and economic indicators will be published in March 2003. The results of that assessment will be placed on this site.
We hope you find the information of use and interest. We have picked out some of the headline facts below:-
The information provided is taken from official statistical sources (quoted), and is the most up-to-date available at the time of publishing. It is presented graphically for ease of use.
An annual economic assessment for the city based on a range of social and economic indicators will be published in March 2003. The results of that assessment will be placed on this site.
We hope you find the information of use and interest. We have picked out some of the headline facts below:-
| • | Population age breakdown is given for the city and by ward. There are peaks in the number of the population in the working age population, particularly 20-24 age range and the 35-39 age range |
| • | Gross Domestic Product is a summary measure of economic activity based on the Value Added by production of goods and services. The Liverpool economy is on a par with the north west region both of which have a GDP of 87 % compared to the UK benchmark of 100 %. North West GDP is fourth in regional terms behind London, the South East and the East of England (Source: ONS regional trends, 2001) |
| • | Wage rates in Liverpool at £349.23 are above those of the northwest at £341.9, but still well below the UK average of £370.5 |
| • | Unemployment levels in the city (7.1 %) remain over twice the national average (3.1 %). However, unemployment has seen a significant decline over the last 6 years |
| • | Vat start-ups in Liverpool as a percentage of total business stock is 12.53 % which is above the GB (11.2 %) and Northwest (11.52 %). However, VAT de-registrations remain high, a fact which business organisations within the city are actively seeking to redress |
| • | The sectoral breakdown of jobs in Liverpool is similar in pattern to that of Great Britain, with the exception of manufacturing with only 10 % of jobs in this sector as opposed to 18 % across the northwest and 15 % for the UK as a whole. Despite the smaller manufacturing base, the city is home to regionally significant, specialist pharmaceutical and automotive manufacturing industries. Banking, finance and insurance continue to be strong sectors of employment within the city |
| • | Property prices are below the national average |
