Area type
London Borough
Population
249,301
GDP
£7.4 billion
Average salary
£34,736
Labour force
156,646
Job Density
0.59
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The Gross Domestic Product (GDP) in Bexley was worth an estimated £7.4 billion in 2019, according to figures published by the ONS. Bexley's GDP growth between 2018 and 2019 was 6.8% per year. Compare GDP by area.
The Retail industry is the largest in Bexley based on the number of jobs, accounting for 11.8% of roles in the area.
2019 ONS figures suggest that there are 91,000 jobs in Bexley, which has a working-age (aged 16-65) population of 156,646. The 2019 job density in Bexley is 0.58, meaning there are 0.58 jobs per member of the Bexley working-age population.
Bexley had a mean average salary for full-time employees of £34,736 in 2021. Bexley's unemployment rate is 6.1% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Bexley is 156,646 or 62.8% of the total population.
In 2021, 93.9% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 13.0% are self-employed, and 87.0% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Bexley working-age (aged 16-64) population who have a degree or higher is 37.6%, which is below the 42.8% degree qualification rate for England.
Over 58% of the Bexley working-age population have at least 2 A-levels (or equivalent), and 7% have no qualifications.
Qualifications classifications
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Main page: Bexley Salary
The average salary in Bexley as of 2021 is £34,736. Between 2020 and 2021, average salaries fell by £495. Compare average salaries by area.
Bexley's salary growth rate is -1.41% per year based on changes in average salary between 2020 and 2021, which is 1.41% lower than the average salary growth rate in Bexley over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Bexley is Business, Media And Public Service Professionals, accounting for 10% of all roles in the area. In England as a whole, the largest job group is Business & Public Service Assoc. Professionals.
The fastest-growing type of job in Bexley is Secretarial And Related Occupations, with roles increasing 90% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Business, Media And Public Service Professionals | 11,600 | 9.9% | 33.3% |
| Administrative Occupations | 11,500 | 9.9% | 11.7% |
| Elementary Administration & Service Occs | 11,100 | 9.5% | -15.9% |
| Caring Personal Service Occupations | 10,300 | 8.8% | 14.4% |
| Corporate Managers And Directors | 7,000 | 6.0% | -12.5% |
There was a 3% decrease in roles between 2019 and 2020. In England as a whole, there was a 2% decrease.
Based on the total number of jobs, the largest industry in Bexley is Retail. Other major industries include Business Administration & Support, Education, Health, which represents over 10% of roles in Bexley.
Financial & Insurance companies make up 1% of the Bexley economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Bexley are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
Industry | Number | Percentage |
|---|---|---|
| Retail | 9,000 | 11.8% |
| Business Administration & Support | 8,000 | 10.4% |
| Education | 8,000 | 10.4% |
| Health | 8,000 | 10.4% |
| Transport & Storage | 7,000 | 9.1% |
The fastest-growing industry in Bexley is Transport & Storage, with jobs in the sector increasing 17% between 2019 and 2020 from 6,000 to 7,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Bexley between 2019 and 2020 was Motor trades, which saw an 33% decrease in roles, going from 3,000 to 2,000. In England more broadly the industry with the biggest year on year decline was Arts, entertainment & recreation, with roles decreasing by 8%.
The Information and communication industry includes many of the top companies of the future. In Bexley, the number of roles in this sector has fallen by 10% over the past year, below the 1% annual increase seen in England.
Bexley Demographics
Bexley Crime
Rental Market of Bexley
2021 UK Business Count data published by the ONS show there are 20 large businesses in Bexley, making up 0.2% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 105 medium-sized businesses based in Bexley, making up 1.2% of total businesses - in England, 1.5% of businesses are medium-sized. A medium-sized business is defined as having between 50 and 249 employees.
There are 560 small businesses based in Bexley, making up 6.2% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Bexley's unemployment rate is 6.1% that's 1% higher than the average unemployment rate for England as a whole. Unemployment rates are the number of unemployed people as a percentage of the working-age population.
The main group within the unemployment population is Looking After Family, representing 30.0% of the unemployed population.
Secondary classifications include groups: student, long-term sick, other, all of which represent over 10% of the unemployed population.
In England as a whole, students are the main group within the unemployed population, accounting for 28.9% of the unemployed population.
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics