State of the economy

HAMPSHIRE - STATE OF THE ECONOMY

Hampshire's figures - summary

Detailed statistical information on the social, economic and environmental aspects of Hampshire is available in a single downloadable publication; A Profile of Hampshire . For another detailed source of local information, please search under Research and Intelligence on the Hampshire Economic Partnership website ,

Other Useful Sites:

SEEDA, SEE-IN, Office of National Statistics (ONS), NOMIS, Neighbourhood Statistics, SEERA, GOSE, Local Government Association, Department of Communities and Local Government, HM Treasury, Department for Business, Enterprise and Regulatory Reform (BERR), Department for Work and Pensions (DWP), Jobcentre Plus, Learning & Skills Council, Eurostat, The Audit Commission, Joseph Rowntree Foundation

The following information is drawn from a variety of sources which are acknowledged under each topic.

General Statistics

Measure Hampshire South East Great Britain
Area in sq km (NB: Hampshire figure includes Southampton & Portsmouth) 3,767    
Resident Population (2008) 1,285,900 8,380,100 59,608,200
Working age Population (2008) 773,600 (60.2%) 61.1 62.0
Population density per sq km 3.37 4.2 3.77 (England)
Population growth 2001 - 2026 16.50% 19.00% 19.4% (England)
Number of dwellings 553,600 3,635,900 22,697,400 (England)
Average house price (January - March 2009) £236,146 £234,008 224,064 (England and Wales
       
Economy and Business Statistics      
       
GVA (2005 £22,453 million £159,062 million £1,048,874 million
GVA per head (2005) £17,811 £19,434 £19,945
VAT Registered businesses - (stock at end of year) 2007 48,645 319,865 1,964,915
Share of employers who are SMEs (2007) 13.41% 13.24% 14.87
% share of employers who are micro (2007) 86 86 84
Proportion of knowledge-driven sectors (2007) 36.44% 36.89% 32.32%
New business start-up rates (2007) 10.21% 10.28% 10.55%
Proportion of employment in knowledge-driven sectors (2007) 27.54% 27.23% 24.59%
Proportion of total employee jobs in high and medium high technology sectors 1.98% 1.20% 0.70%
Mean weekly (workplace) earnings (2008) £485.70 £499.80 £479.10
Retail rateable value (2006) for Hampshire incl Southampton & Portmouth £124 £140  
CO2 emissions per capita in tonnes (2006/7) 6.9 8.2 8.4
Final energy consumption per head - MWh (2005) - incl Southampton & Portmouth 34.2 28.7  
Household waste recycled and composted (2006/07) 36.74% 28.20% 30.95% (England)

ONS, The Audit Commission, Valuation Office Agency, Local knowledge, Gavurin

Introducing Hampshire

Hampshire has a diverse and vibrant economy and is strategically well placed, in terms of its proximity to major ports, airports, road networks. Hampshire is less than an hour from London. Excellent road and rail links connect the county to the rest of the UK, and Europe. Southampton International Airport receives regular daily flights from Paris, Brussels, Amsterdam, Berne and other UK and European destinations. Good ferry services from Portsmouth connect Hampshire to France and Spain.

Hampshire is one of Europe's leading high-technology business locations and is fast establishing itself as a European centre of business and research excellence. It has a strong history of innovation and offers some of the world's leading research and development facilities with particular expertise in the fields of aerospace and marine engineering, information technology, environmental sciences, healthcare and pharmaceuticals.

Many UK businesses and overseas-owned organisations have already realised the opportunities and advantages of locating in the county. Business investment both from within and outside Hampshire means that the county’s economy has become more diverse. Major international companies such as IBM, BAE SYSTEMS, EADS Astrium pin their success on being in close proximity to the right mix of skills, facilities, suppliers and partners. Furthermore they require a good infrastructure to support this mix and Hampshire offers business this unique blend.

The Economy of Hampshire  is based on a mixture of traditional and new high technology industries. Major sectors include aerospace and aeronautical engineering, instrument engineering, mechanical engineering, pharmaceutical and medical, paper, printing and publishing, , electronics and telecommunications, maritime and marine-related engineering, information and communications technology, financial and business services, tourism and leisure-related industries, agriculture and related industries.

Hampshire also boasts an excellent quality of life in an area of rich natural and architectural heritage. The mix of exceptional countryside and stunning coast provides a superb range of leisure activities appreciated by both residents and visitors alike.

Map of major travel routes to Hampshire



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