The Gross Domestic Product (GDP) in Kingston upon Thames was worth an estimated £6.1 billion in 2019, according to figures published by the ONS. Kingston upon Thames's GDP growth between 2018 and 2019 was 3.8% per year. Compare GDP by area.
The Health industry is the largest in Kingston upon Thames based on the number of jobs, accounting for 16.1% of roles in the area.
2019 ONS figures suggest that there are 91,000 jobs in Kingston upon Thames, which has a working-age (aged 16-65) population of 117,883. The 2019 job density in Kingston upon Thames is 0.77, meaning there are 0.77 jobs per member of the Kingston upon Thames working-age population.
Kingston upon Thames had a mean average salary for full-time employees of £41,030 in 2020. Kingston upon Thames's unemployment rate is 5.4% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Kingston upon Thames is 117,883 or 65.8% of the total population.
In 2021, 94.6% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 15.0% are self-employed, and 85.0% are employees.
Kingston upon Thames's working-age population ranks among the most educated in England.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Kingston upon Thames working-age (aged 16-64) population who have a degree or higher is 61.2%, which is above the 42.8% degree qualification rate for England.
Over 74% of the Kingston upon Thames working-age population have at least 2 A-levels (or equivalent), and 2% have no qualifications.
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Main page: Kingston upon Thames Salary
The average salary in Kingston upon Thames as of 2020 is £41,030. Between 2019 and 2020, average salaries grew by £3,370. Compare average salaries by area.
Kingston upon Thames's salary growth rate is 8.95% per year based on changes in average salary between 2019 and 2020, which is 8.95% higher than the average salary growth rate in Kingston upon Thames over the past 8 years.
Business data published by the ONS in 2020 show the most common job group in Kingston upon Thames is Corporate Managers And Directors, 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 Kingston upon Thames is Health Professionals, with roles increasing 120% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Corporate Managers And Directors||12,300||13.1%||1.7%|
|Science, Research, Engineering And Technology Profs||11,300||12.0%||5.6%|
|Business & Public Service Assoc. Professionals||10,000||10.6%||3.1%|
|Business, Media And Public Service Professionals||9,700||10.3%||-2.0%|
|Teaching And Educational Professionals||7,500||8.0%||-12.8%|
There was a 6% 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 Kingston upon Thames is Health. Other major industries include Retail, Business Administration & Support, Education, which represents over 10% of roles in Kingston upon Thames.
Financial & Insurance companies make up 2% of the Kingston upon Thames economy that's lower than the average for England as a whole (~3%).
4% of the total jobs in Kingston upon Thames are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Business Administration & Support||9,000||12.1%|
|Professional, Scientific & Technical||6,000||8.1%|
The fastest-growing industry in Kingston upon Thames is Public Administration & Defence, with jobs in the sector increasing 17% between 2019 and 2020 from 3,000 to 3,500. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Kingston upon Thames between 2019 and 2020 was Motor trades, which saw an 40% decrease in roles, going from 1,000 to 600. 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 Kingston upon Thames, the number of roles in this sector has fallen by 25% over the past year, below the 1% annual increase seen in England.
2021 UK Business Count data published by the ONS show there are 20 large businesses in Kingston upon Thames, 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 Kingston upon Thames, 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 515 small businesses based in Kingston upon Thames, 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.
Kingston upon Thames's unemployment rate is 5.4% 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 Student, representing 46.6% of the unemployed population.
Secondary classifications include one group: looking after family, 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