Swansea Economic Profile

The profile provides a statistical overview of Swansea's labour market and economy using published data from official sources.

Information and statistics for Swansea are available for the following topics:

Introduction and summary

Table: Key labour market and economic indicators.

Workforce structure and economic activity

The quarterly Annual Population Survey (APS) data published by the Office for National Statistics (ONS) for the survey period to September 2024, including economic activity and employment rates, and a number of other key variables.

Employment

Employees by industry: 2023 estimates on a workplace basis via ONS' Business Register and Employment Survey (BRES), an annual business survey which collects employment information.
Employment by occupation: APS statistics for the period ending September 2024.
Unemployment: local and national data on the Claimant Count (as at December 2024) and the latest quarterly model-based unemployment estimates (for the period ending September 2024). Files are also available showing trends in these statistics.

Further local and national statistics are included in the quarterly 'Labour Market Statistics' bulletin available at the web page Labour market statistics.

Additional Labour Market Indicators

Commuting: a summary of annual statistics released by Welsh Government (based on APS data for 2023), which shows estimated daily flows in/out of Swansea and adjacent local authority areas.
Workforce qualifications: annual APS estimates (for 2023) showing the educational attainment of the working age (16-64) population, by RQF level.

Business activity

ONS data summarising the number of active businesses in Swansea in 2023, 'births' (business start-ups), 'deaths' (closures) and business survival rates.

Economic Indicators

GVA (Gross Value Added): GVA data (for 2022) released by the Office for National Statistics (ONS) in April 2024, including GVA per head figures and recent trends (2017-2022) for Swansea, Wales and UK.
Gross Disposable Household Income (GDHI): 2022 data for Swansea released by ONS in September 2024, including GDHI per head figures, recent trends (2017-2022) and equivalent regional and national data.
Earnings: results from the ONS Annual Survey of Hours and Earnings (ASHE) - gross median full-time weekly and annual earnings of employees in employment as at April 2024.
House prices and sales: average house price data for Swansea (as at November 2024), together with recent statistics on completed house sales, sourced from the ONS/Land Registry House Price Index.

The full profile document (January 2025) is also available to view or download: Swansea Economic Profile (PDF, 1 MB)

External links to the original publication sources are available on each relevant page.