Area type
London Borough
Population
332,752
GDP
£9.6 billion
Average salary
£38,770
Labour force
206,779
Job Density
0.64
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The Gross Domestic Product (GDP) in Bromley was worth an estimated £9.6 billion in 2019, according to figures published by the ONS. Bromley's GDP growth between 2018 and 2019 was 2.1% per year. Compare GDP by area.
The Health industry is the largest in Bromley based on the number of jobs, accounting for 15.6% of roles in the area.
2019 ONS figures suggest that there are 133,000 jobs in Bromley, which has a working-age (aged 16-65) population of 206,779. The 2019 job density in Bromley is 0.64, meaning there are 0.64 jobs per member of the Bromley working-age population.
Bromley had a mean average salary for full-time employees of £38,770 in 2021. Bromley's unemployment rate is 5.3% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Bromley is 206,779 or 62.1% of the total population.
In 2021, 94.7% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 15.1% are self-employed, and 84.9% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Bromley working-age (aged 16-64) population who have a degree or higher is 52.5%, which is above the 42.8% degree qualification rate for England.
Over 69% of the Bromley working-age population have at least 2 A-levels (or equivalent), and 3% have no qualifications.
Qualifications classifications
Main page: Bromley Salary
The average salary in Bromley as of 2021 is £38,770. Between 2020 and 2021, average salaries fell by £59. Compare average salaries by area.
Bromley's salary growth rate is -0.15% per year based on changes in average salary between 2020 and 2021, which is 0.15% lower than the average salary growth rate in Bromley over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Bromley is Business & Public Service Assoc. Professionals, accounting for 13% 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 Bromley is Skilled Construction And Building Trades, with roles increasing 313% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Business & Public Service Assoc. Professionals | 22,400 | 13.0% | 20.4% |
| Corporate Managers And Directors | 19,900 | 11.6% | -15.0% |
| Business, Media And Public Service Professionals | 18,700 | 10.9% | 8.1% |
| Administrative Occupations | 17,700 | 10.3% | 126.9% |
| Science, Research, Engineering And Technology Profs | 12,400 | 7.2% | 13.8% |
There was a 1% increase 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 Bromley is Health. Other major industries include Retail, Business Administration & Support, Education, which represents over 10% of roles in Bromley.
Financial & Insurance companies make up 5% of the Bromley economy that's higher than the average for England as a whole (~3%).
3% of the total jobs in Bromley 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 |
|---|---|---|
| Health | 17,000 | 15.6% |
| Retail | 12,000 | 11.0% |
| Business Administration & Support | 12,000 | 11.0% |
| Education | 12,000 | 11.0% |
| Professional, Scientific & Technical | 10,000 | 9.2% |
The fastest-growing industry in Bromley is Mining, Quarrying & Utilities, with jobs in the sector increasing 56% between 2019 and 2020 from 800 to 1,250. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Bromley between 2019 and 2020 was Motor trades, which saw an 33% decrease in roles, going from 2,250 to 1,500. 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 Bromley, the number of roles in this sector has fallen by 22% over the past year, below the 1% annual increase seen in England.
Bromley Demographics
Bromley Crime
Rental Market of Bromley
2021 UK Business Count data published by the ONS show there are 45 large businesses in Bromley, making up 0.3% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 155 medium-sized businesses based in Bromley, making up 1.0% 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 865 small businesses based in Bromley, making up 5.7% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Bromley's unemployment rate is 5.3% that's 0% 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 28.6% of the unemployed population.
Secondary classifications include groups: student, long-term sick, retired, 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