Area type
Metropolitan District
Population
201,950
GDP
£5.1 billion
Average salary
£31,290
Labour force
127,079
Job Density
0.81
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The Gross Domestic Product (GDP) in Gateshead was worth an estimated £5.1 billion in 2019, according to figures published by the ONS. Gateshead's GDP growth between 2018 and 2019 was 5.4% per year. Compare GDP by area.
The Health industry is the largest in Gateshead based on the number of jobs, accounting for 13.2% of roles in the area.
2019 ONS figures suggest that there are 104,000 jobs in Gateshead, which has a working-age (aged 16-65) population of 127,079. The 2019 job density in Gateshead is 0.82, meaning there are 0.82 jobs per member of the Gateshead working-age population.
Gateshead had a mean average salary for full-time employees of £31,290 in 2021. Gateshead's unemployment rate is 8.4% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Gateshead is 127,079 or 62.9% of the total population.
In 2021, 91.6% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 11.3% are self-employed, and 88.7% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Gateshead working-age (aged 16-64) population who have a degree or higher is 33.9%, which is below the 42.8% degree qualification rate for England.
Over 51% of the Gateshead working-age population have at least 2 A-levels (or equivalent), and 9% have no qualifications.
Qualifications classifications
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Main page: Gateshead Salary
The average salary in Gateshead as of 2021 is £31,290. Between 2020 and 2021, average salaries grew by £792. Compare average salaries by area.
Gateshead's salary growth rate is 2.60% per year based on changes in average salary between 2020 and 2021, which is 2.60% higher than the average salary growth rate in Gateshead over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Gateshead is Administrative 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 Gateshead is Culture, Media And Sports Occupations, with roles increasing 63% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Administrative Occupations | 8,900 | 9.5% | 7.2% |
| Sales Occupations | 7,500 | 8.0% | -1.3% |
| Elementary Administration & Service Occs | 7,100 | 7.6% | -25.3% |
| Science, Research, Engineering And Technology Profs | 6,800 | 7.3% | 30.8% |
| Corporate Managers And Directors | 6,300 | 6.8% | 23.5% |
There was a 4% 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 Gateshead is Health. Other major industries include Manufacturing, Retail, Business Administration & Support, which represents over 10% of roles in Gateshead.
Financial & Insurance companies make up 1% of the Gateshead economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Gateshead 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 | 12,000 | 13.2% |
| Business Administration & Support | 11,000 | 12.1% |
| Manufacturing | 10,000 | 11.0% |
| Retail | 10,000 | 11.0% |
| Education | 7,000 | 7.7% |
The fastest-growing industry in Gateshead is Agriculture, Forestry & Fishing, with jobs in the sector increasing 20% between 2019 and 2020 from 125 to 150. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Gateshead between 2019 and 2020 was Professional, scientific & technical, which saw an 20% decrease in roles, going from 5,000 to 4,000. 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 Gateshead, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
Gateshead Demographics
Gateshead Crime
Rental Market of Gateshead
2021 UK Business Count data published by the ONS show there are 30 large businesses in Gateshead, making up 0.5% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 115 medium-sized businesses based in Gateshead, making up 2.1% 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 655 small businesses based in Gateshead, making up 11.9% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Gateshead's unemployment rate is 8.4% that's 3% 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 40.7% 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