The Gross Domestic Product (GDP) in South Norfolk was worth an estimated £3.3 billion in 2019, according to figures published by the ONS. South Norfolk's GDP growth between 2018 and 2019 was 4.8% per year. Compare GDP by area.
The Health industry is the largest in South Norfolk based on the number of jobs, accounting for 27.2% of roles in the area.
2019 ONS figures suggest that there are 63,000 jobs in South Norfolk, which has a working-age (aged 16-65) population of 82,791. The 2019 job density in South Norfolk is 0.76, meaning there are 0.76 jobs per member of the South Norfolk working-age population.
South Norfolk had a mean average salary for full-time employees of £34,726 in 2021. South Norfolk's unemployment rate is 3.4% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in South Norfolk is 82,791 or 57.9% of the total population.
In 2021, 96.6% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 10.0% are self-employed, and 90.0% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the South Norfolk working-age (aged 16-64) population who have a degree or higher is 47.0%, which is above the 42.8% degree qualification rate for England.
Over 68% of the South Norfolk working-age population have at least 2 A-levels (or equivalent), and 4% have no qualifications.
Main page: South Norfolk Salary
The average salary in South Norfolk as of 2021 is £34,726. Between 2020 and 2021, average salaries grew by £1,593. Compare average salaries by area.
South Norfolk's salary growth rate is 4.81% per year based on changes in average salary between 2020 and 2021, which is 4.81% higher than the average salary growth rate in South Norfolk over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in South Norfolk is Administrative Occupations, accounting for 12% 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 South Norfolk is Transport & Mobile Machine Drivers/operatives, with roles increasing 75% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
|Caring Personal Service Occupations||5,900||9.5%||25.5%|
|Science, Research, Engineering And Technology Profs||5,600||9.0%||51.4%|
|Corporate Managers And Directors||4,900||7.9%||-41.7%|
There was a 1% 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 South Norfolk is Health.
Financial & Insurance companies make up 1% of the South Norfolk economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in South Norfolk are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
|Professional, Scientific & Technical||4,000||6.8%|
The fastest-growing industry in South Norfolk is Agriculture, Forestry & Fishing, with jobs in the sector increasing 20% between 2019 and 2020 from 2,500 to 3,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in South Norfolk between 2019 and 2020 was Public administration & defence, which saw an 25% decrease in roles, going from 3,000 to 2,250. 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 South Norfolk, 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 20 large businesses in South Norfolk, making up 0.3% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 75 medium-sized businesses based in South Norfolk, making up 1.3% 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 440 small businesses based in South Norfolk, making up 7.5% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
South Norfolk's unemployment rate is 3.4% that's 2% 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 Student, representing 33.9% 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