Area type
Metropolitan District
Population
306,824
GDP
£10 billion
Average salary
£35,472
Labour force
209,565
Job Density
1.02
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The Gross Domestic Product (GDP) in Newcastle upon Tyne was worth an estimated £10 billion in 2019, according to figures published by the ONS. Newcastle upon Tyne's GDP growth between 2018 and 2019 was 3.1% per year. Compare GDP by area.
The Health industry is the largest in Newcastle upon Tyne based on the number of jobs, accounting for 17.8% of roles in the area.
2019 ONS figures suggest that there are 211,000 jobs in Newcastle upon Tyne, which has a working-age (aged 16-65) population of 209,565. The 2019 job density in Newcastle upon Tyne is 1.01, meaning there are 1.01 jobs per member of the Newcastle upon Tyne working-age population.
Newcastle upon Tyne had a mean average salary for full-time employees of £35,472 in 2021. Newcastle upon Tyne's unemployment rate is 7.5% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Newcastle upon Tyne is 209,565 or 68.3% of the total population.
In 2021, 92.5% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 7.6% are self-employed, and 92.4% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Newcastle upon Tyne working-age (aged 16-64) population who have a degree or higher is 44.4%, which is above the 42.8% degree qualification rate for England.
Over 62% of the Newcastle upon Tyne working-age population have at least 2 A-levels (or equivalent), and 9% have no qualifications.
Qualifications classifications
Main page: Newcastle upon Tyne Salary
The average salary in Newcastle upon Tyne as of 2021 is £35,472. Between 2020 and 2021, average salaries fell by £354. Compare average salaries by area.
Newcastle upon Tyne's salary growth rate is -0.99% per year based on changes in average salary between 2020 and 2021, which is 0.99% lower than the average salary growth rate in Newcastle upon Tyne over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Newcastle upon Tyne is Elementary Administration & Service Occs, 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 Newcastle upon Tyne is Science, Engineering And Technology Associate Profs, with roles increasing 137% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Elementary Administration & Service Occs | 14,200 | 9.5% | -9.6% |
| Sales Occupations | 12,800 | 8.6% | 82.9% |
| Caring Personal Service Occupations | 12,500 | 8.4% | 21.4% |
| Administrative Occupations | 11,500 | 7.7% | 33.7% |
| Health Professionals | 9,100 | 6.1% | -36.4% |
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 Newcastle upon Tyne is Health. Other major industries include Accommodation & Food Services, Education, which represents over 10% of roles in Newcastle upon Tyne.
Financial & Insurance companies make up 3% of the Newcastle upon Tyne economy that's higher than the average for England as a whole (~3%).
5% of the total jobs in Newcastle upon Tyne are in Information and Communication, one of the key sectors for the future, above the 5% of jobs in England as a whole.
Industry | Number | Percentage |
|---|---|---|
| Health | 33,000 | 17.8% |
| Education | 22,000 | 11.9% |
| Accommodation & Food Services | 20,000 | 10.8% |
| Public Administration & Defence | 17,000 | 9.2% |
| Retail | 15,000 | 8.1% |
The fastest-growing industry in Newcastle upon Tyne is Motor Trades, with jobs in the sector increasing 13% between 2019 and 2020 from 2,000 to 2,250. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Newcastle upon Tyne between 2019 and 2020 was Mining, quarrying & utilities, which saw an 33% decrease in roles, going from 450 to 300. 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 Newcastle upon Tyne, the number of roles in this sector has fallen by 9% over the past year, below the 1% annual increase seen in England.
Newcastle upon Tyne Demographics
Newcastle upon Tyne Crime
Rental Market of Newcastle upon Tyne
2021 UK Business Count data published by the ONS show there are 75 large businesses in Newcastle upon Tyne, making up 0.9% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 180 medium-sized businesses based in Newcastle upon Tyne, 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 960 small businesses based in Newcastle upon Tyne, making up 11.4% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Newcastle upon Tyne's unemployment rate is 7.5% that's 2% 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 27.5% of the unemployed population.
Secondary classifications include groups: looking after family, 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