The Gross Domestic Product (GDP) in Derbyshire was worth an estimated £19 billion in 2019, according to figures published by the ONS. Derbyshire's GDP growth between 2018 and 2019 was 3.0% per year. Compare GDP by area.
The Manufacturing industry is the largest in Derbyshire based on the number of jobs, accounting for 15.6% of roles in the area.
2019 ONS figures suggest that there are 356,000 jobs in Derbyshire, which has a working-age (aged 16-65) population of 492,434. The 2019 job density in Derbyshire is 0.72, meaning there are 0.72 jobs per member of the Derbyshire working-age population.
Derbyshire had a mean average salary for full-time employees of £31,923 in 2021. Derbyshire's unemployment rate is 4.9% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Derbyshire is 492,434 or 61.0% of the total population.
In 2021, 95.1% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 10.7% are self-employed, and 89.3% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Derbyshire working-age (aged 16-64) population who have a degree or higher is 38.6%, which is below the 42.8% degree qualification rate for England.
Over 59% of the Derbyshire working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
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Main page: Derbyshire Salary
The average salary in Derbyshire as of 2021 is £31,923. Between 2020 and 2021, average salaries fell by £826. Compare average salaries by area.
Derbyshire's salary growth rate is -2.52% per year based on changes in average salary between 2020 and 2021, which is 2.52% lower than the average salary growth rate in Derbyshire over the past 9 years.
In Derbyshire, the highest average wages are found in Amber Valley where the average salary is £34,110 and the lowest average wages are found in High Peak where the average salary is £28,745. The difference in average salary between the two areas is £5,365 - the average person in Amber Valley earns 18.7% more than the average person in High Peak.
Business data published by the ONS in 2020 show the most common job group in Derbyshire is Elementary Administration & Service Occs, accounting for 8% 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 Derbyshire is Business, Media And Public Service Professionals, with roles increasing 115% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Elementary Administration & Service Occs||31,800||8.3%||20.0%|
|Caring Personal Service Occupations||29,300||7.6%||2.8%|
|Corporate Managers And Directors||29,100||7.6%||-16.6%|
|Science, Research, Engineering And Technology Profs||25,900||6.7%||14.1%|
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 Derbyshire is Manufacturing. Other major industries include Health, which represents over 10% of roles in Derbyshire.
Financial & Insurance companies make up 1% of the Derbyshire economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Derbyshire 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||23,000||7.7%|
The fastest-growing industry in Derbyshire is Information & Communication, with jobs in the sector increasing 33% between 2019 and 2020 from 6,000 to 8,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Derbyshire between 2019 and 2020 was Business administration & support, which saw an 26% decrease in roles, going from 19,000 to 14,000. 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 Derbyshire, the number of roles in this sector has risen by 33% over the past year, above the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 110 large businesses in Derbyshire, making up 0.4% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 480 medium-sized businesses based in Derbyshire, making up 1.6% 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 2,780 small businesses based in Derbyshire, making up 9.3% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Derbyshire's unemployment rate is 4.9% that's 0% lower 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 27.5% of the unemployed population.
Secondary classifications include groups: student, looking after family, 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