The Gross Domestic Product (GDP) in County Durham was worth an estimated £11 billion in 2019, according to figures published by the ONS. County Durham's GDP growth between 2018 and 2019 was 3.3% per year. Compare GDP by area.
The Health industry is the largest in County Durham based on the number of jobs, accounting for 14.1% of roles in the area.
2019 ONS figures suggest that there are 206,000 jobs in County Durham, which has a working-age (aged 16-65) population of 330,290. The 2019 job density in County Durham is 0.62, meaning there are 0.62 jobs per member of the County Durham working-age population.
County Durham had a mean average salary for full-time employees of £30,791 in 2021. County Durham's unemployment rate is 6.6% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in County Durham is 330,290 or 62.0% of the total population.
In 2021, 93.4% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 12.3% are self-employed, and 87.7% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the County Durham working-age (aged 16-64) population who have a degree or higher is 31.6%, which is below the 42.8% degree qualification rate for England.
Over 53% of the County Durham working-age population have at least 2 A-levels (or equivalent), and 9% have no qualifications.
Main page: County Durham Salary
The average salary in County Durham as of 2021 is £30,791. Between 2020 and 2021, average salaries grew by £447. Compare average salaries by area.
County Durham's salary growth rate is 1.47% per year based on changes in average salary between 2020 and 2021, which is 1.47% higher than the average salary growth rate in County Durham over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in County Durham is Caring Personal Service Occupations, 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 County Durham is Elementary Trades And Related Occupations, with roles increasing 76% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||24,200||10.2%||-4.7%|
|Elementary Administration & Service Occs||22,000||9.3%||-9.8%|
|Business & Public Service Assoc. Professionals||16,100||6.8%||21.1%|
|Corporate Managers And Directors||14,900||6.3%||7.2%|
There was a 2% 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 County Durham is Health. Other major industries include Manufacturing, Education, which represents over 10% of roles in County Durham.
Financial & Insurance companies make up 1% of the County Durham economy that's lower than the average for England as a whole (~3%).
1% of the total jobs in County Durham are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Accommodation & Food Services||15,000||8.4%|
The fastest-growing industry in County Durham is Motor Trades, with jobs in the sector increasing 33% between 2019 and 2020 from 2,250 to 3,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in County Durham between 2019 and 2020 was Professional, scientific & technical, which saw an 25% decrease in roles, going from 8,000 to 6,000. 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 County Durham, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 35 large businesses in County Durham, 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 245 medium-sized businesses based in County Durham, making up 1.7% 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 1,385 small businesses based in County Durham, making up 9.5% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
County Durham's unemployment rate is 6.6% 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 Long-term Sick, representing 28.5% of the unemployed population.
Secondary classifications include groups: student, looking after family, retired, 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