Economy of Liverpool

Economy of Liverpool
Liverpool's commercial district
Statistics
Population496,770 (2022)[1]
GDP£15.9 billion (2021)[2]
GDP per capita
£32,841 (2021)[2]
Labour force
240,000 / 69.8% in employment (Oct 2022 – Sep 2023)[a][3]
Labour force by occupation
List
  • 29.5% Professional
  • 18.1% Associate professional
  • 10.6% Elementary occupations
  • 9.1% Administrative and secretarial
  • 8.9% Skilled trades
  • 8.7% Managers, directors and senior officials
  • 5.7% Caring, leisure and other service
  • 4.9% Process plant and machine operatives
  • 3.7% Sales and customer service
  • (Oct 2022 – Sep 2023)[b][3]
Unemployment14,600 / 5.7% (Oct 2022 – Sep 2023)[c][3]
Average gross salary
£646.40 per week (2023)[d][3]
External
Exports£3.2 billion (2021)[e][4]
Export goods
£1.2 billion (2021)[f][4]
Imports£3.2 billion (2021)[e][4]
Import goods
£2.2 billion (2021)[f][4]

The economy of Liverpool encompasses a wide range of economic activity that occurs within and surrounding the city of Liverpool, England.

With a population of over 1.3 million in its Larger Urban Zone, and a metropolitan area population of 2,241,000, Liverpool is one of the largest cities in the United Kingdom and sits at the centre of the broader Merseyside economic area, which is itself one of the two core economies of the North west of England.[5]

In 2017, the Liverpool City Region experienced the UK's highest growth[6] in real GVA, increasing by 3.3%.

Employment in Liverpool by percentage of industry in 2021[7]
  1. ^ "Mid-Year Population Estimates, UK, June 2022". Office for National Statistics. 26 March 2024. Retrieved 3 May 2024.
  2. ^ a b Fenton, Trevor (25 April 2023). "Regional gross domestic product: local authorities". Office for National Statistics. Retrieved 13 December 2023.
  3. ^ a b c d "Labour Market Profile - Liverpool". Nomis. Office for National Statistics. Retrieved 5 February 2024.
  4. ^ a b c d Tuck, Helen (28 June 2023). "International trade in UK nations, regions and cities: 2021". Office for National Statistics. Retrieved 24 December 2023.
  5. ^ "Economic Data". Liverpool Vision. Archived from the original on 8 March 2010. Retrieved 11 March 2010.
  6. ^ "Regional economic activity by gross value added (balanced), UK - Office for National Statistics". ons.gov.uk. Retrieved 4 November 2019.
  7. ^ "Business Register and Employment Survey (BRES) 2021 (ONS)". Liverpool City Council.


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