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Economy, jobs and prices in East Midlands, United Kingdom: official figures

Gross domestic product in the East Midlands was £32,064 per resident in 2024 at current prices, 2nd lowest of 9 English regions and below the UK figure of £41,627.

GDP per head
£32,064
2024
Gross disposable household income per head
£22,761
2024
Gross median weekly pay (residents)
£606
2025

Is the economy of the East Midlands growing?

After removing inflation, output per head in the East Midlands grew by 0.6% between 2014 and 2024, against 7.8% for England as a whole.

Source: Office for National Statistics · saved copy

What is the average household income in the East Midlands?

Households in the East Midlands had £22,761 of disposable income per person in 2024 after taxes and benefits, 85.9% of the English average (£26,490) and 5th highest of 9 regions.

Source: Office for National Statistics · saved copy

What is the average salary in the East Midlands?

The median full-time and part-time employee living in the East Midlands earned £606 a week before tax in April 2025 (ONS Annual Survey of Hours and Earnings), 3rd lowest of 9 regions; England's median was £648. Weekly pay has risen 51.1% since 2015.

Source: Office for National Statistics · saved copy

What is the unemployment rate in the East Midlands?

75.5% of people aged 16 to 64 in the East Midlands were in work in 2023 (4th highest of 9 regions), while the modelled unemployment rate was 3.7% (England: 76.0% and 3.7%).

Source: Office for National Statistics · saved copy

How productive is the East Midlands?

Each hour worked in the East Midlands produced £35.61 of gross value added in 2023, the least productive of 9 English regions (England £42.39).

Source: Office for National Statistics · saved copy

How many businesses are there in the East Midlands?

The East Midlands had 188,020 active businesses in 2024, 7.5% of England's total; new firms were 10.6% of the stock that year and 51.3% of businesses born in 2021 were still trading three years later.

Source: Office for National Statistics · saved copy

How much does the East Midlands export?

Exports of goods and services from the East Midlands were worth £42.4 billion in 2023, and foreign companies held £61.5 billion of direct investment there in 2024 (3.1% of England's inward FDI).

Source: Office for National Statistics · saved copy

How many jobs are there in the East Midlands?

There were 0.79 jobs for every resident aged 16 to 64 in the East Midlands in 2024 (England 0.86), and businesses spent £2,183 million on research and development there in 2024.

Source: Office for National Statistics · saved copy

How East Midlands compares with other region of Englands

GDP per head (current prices) (2024)

East Midlands ranks 8 of 9, highest first. The 9 regions of England only; Scotland, Wales and Northern Ireland are compared on their own pages.

RankRegionGDP per head (current prices)
3South West£37,769
4East of England£36,942
5North West£36,926
6Yorkshire and the Humber£34,041
7West Midlands£33,969
8East Midlands£32,064
9North East£29,957
Source: Office for National Statistics · saved copy

Gross median weekly pay, residents (2025)

East Midlands ranks 7 of 9, highest first. The 9 regions of England only; Scotland, Wales and Northern Ireland are compared on their own pages.

RankRegionGross median weekly pay, residents
3East of England£671
4West Midlands£620
5North West£616
6South West£614
7East Midlands£606
8Yorkshire and the Humber£600
9North East£578
Source: Office for National Statistics · saved copy

Gross disposable household income per head (2024)

East Midlands ranks 5 of 9, highest first. The 9 regions of England only; Scotland, Wales and Northern Ireland are compared on their own pages.

RankRegionGross disposable household income per head
2South East£29,577
3East of England£26,795
4South West£25,924
5East Midlands£22,761
6North West£22,523
7West Midlands£22,064
8Yorkshire and the Humber£21,913
Source: Office for National Statistics · saved copy

Employment rate, ages 16 to 64 (2023)

East Midlands ranks 4 of 9, highest first. The 9 regions of England only; Scotland, Wales and Northern Ireland are compared on their own pages.

RankRegionEmployment rate, ages 16 to 64
1South East79.3%
2South West78.8%
3East of England77.5%
4East Midlands75.5%
5West Midlands75.2%
6London74.6%
7Yorkshire and the Humber74.2%
Source: Office for National Statistics · saved copy

GDP per head (£, current prices) (2024)

East Midlands ranks 10 of 12, highest first.

RankRegionGDP per head (£, current prices)
6North West£36,926
7Northern Ireland£35,108
8Yorkshire and the Humber£34,041
9West Midlands£33,969
10East Midlands£32,064
11Wales£31,484
12North East£29,957
Source: Office for National Statistics · saved copy

Gross disposable household income per head (£) (2024)

East Midlands ranks 6 of 12, highest first.

RankRegionGross disposable household income per head (£)
3East of England£26,795
4South West£25,924
5Scotland£24,283
6East Midlands£22,761
7North West£22,523
8Northern Ireland£22,258
9West Midlands£22,064
Source: Office for National Statistics · saved copy

Median gross weekly pay of residents (£) (April 2025)

East Midlands ranks 8 of 12, highest first.

RankRegionMedian gross weekly pay of residents (£)
5West Midlands£619.7
6North West£615.9
7South West£613.6
8East Midlands£605.9
9Wales£601.8
10Yorkshire and the Humber£600.0
11Northern Ireland£594.1
Source: Office for National Statistics · saved copy

Gross value added per hour worked (£) (2023)

East Midlands ranks 11 of 12, highest first.

RankRegionGross value added per hour worked (£)
6South West£38.75
7Northern Ireland£36.88
8Yorkshire and the Humber£36.82
9West Midlands£36.02
10North East£35.82
11East Midlands£35.61
12Wales£35.15
Source: Office for National Statistics · saved copy

Employment rate, ages 16 to 64 (%) (2023)

East Midlands ranks 4 of 12, highest first.

RankRegionEmployment rate, ages 16 to 64 (%)
1South East79.3%
2South West78.8%
3East of England77.5%
4East Midlands75.5%
5West Midlands75.2%
6Scotland74.7%
7London74.6%
Source: Office for National Statistics · saved copy

More on East Midlands: overview · health · education and schools · poverty and living standards · government budget · government and politics · the United Kingdom

Sources

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