Toggle mobile menu visibility

Swansea Economic Profile

January 2023

The  Swansea Economic Profile (PDF) [1MB] provides a statistical overview of Swansea's labour market and economy which brings together recent published data from various official sources:

Labour Force Structure: the quarterly Annual Population Survey (APS) data published by the Office for National Statistics (ONS) for the survey period to September 2022, including economic activity and employment rates, and a number of other key variables.  A separate section of the profile details employment by occupation (also using APS statistics).

Employment: 2021 estimates on a workplace basis via ONS' Business Register and Employment Survey (BRES), an annual business survey which collects employment information.

Unemployment: local and national data on the claimant count - claimants of Jobseekers Allowance plus claimants of Universal Credit who are required to seek work (as at December 2022) - and the latest quarterly model-based unemployment estimates (for the period ending September 2022).

Commuting: a summary of annual statistics released by Welsh Government (based on APS data for 2021), which shows estimated daily flows in/out of Swansea and adjacent local authority areas.

Workforce qualifications: annual APS estimates (for 2021) showing the educational attainment of the working age (16-64) population, by NVQ level.

Business Activity: ONS data summarising the number of active businesses in Swansea in 2021, 'births' (business start-ups), 'deaths' (closures) and business survival rates. 

GVA (Gross Value Added): GVA data (for 2020) released by the Office for National Statistics (ONS) in May 2022, including GVA per head figures and recent trends (2015-2020) for Swansea, Wales and UK.

Gross Disposable Household Income (GDHI): 2020 data for Swansea released by ONS in October 2022, including GDHI per head figures, recent trends (2015-2020) 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 2022.

House Prices and Sales: average house price data for Swansea (as at November 2022), together with recent statistics on completed house sales, sourced from the ONS/Land Registry House Price Index.

Due to the reporting period covered, some of the indicators have been affected by the COVID-19 pandemic. This is highlighted in the relevant footnotes.

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