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

Gross domestic product in the North East was £29,957 per resident in 2024 at current prices, the lowest of 9 English regions and below the UK figure of £41,627.

GDP per head
£29,957
2024
Gross disposable household income per head
£20,562
2024
Gross median weekly pay (residents)
£578
2025

Is the economy of the North East growing?

After removing inflation, output per head in the North East grew by 8.0% 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 North East?

Households in the North East had £20,562 of disposable income per person in 2024 after taxes and benefits, 77.6% of the English average (£26,490) and the lowest of 9 regions.

Source: Office for National Statistics · saved copy

What is the average salary in the North East?

The median full-time and part-time employee living in the North East earned £578 a week before tax in April 2025 (ONS Annual Survey of Hours and Earnings), the lowest of 9 regions; England's median was £648. Weekly pay has risen 46.4% since 2015.

Source: Office for National Statistics · saved copy

What is the unemployment rate in the North East?

72.8% of people aged 16 to 64 in the North East were in work in 2023 (the lowest of 9 regions), while the modelled unemployment rate was 3.9% (England: 76.0% and 3.7%).

Source: Office for National Statistics · saved copy

How productive is the North East?

Each hour worked in the North East produced £35.82 of gross value added in 2023, 2nd least productive of 9 English regions (England £42.39).

Source: Office for National Statistics · saved copy

How many businesses are there in the North East?

The North East had 76,590 active businesses in 2024, 3.0% of England's total; new firms were 11.8% of the stock that year and 51.9% of businesses born in 2021 were still trading three years later.

Source: Office for National Statistics · saved copy

How much does the North East export?

Exports of goods and services from the North East were worth £22.1 billion in 2023, and foreign companies held £27.6 billion of direct investment there in 2024 (1.4% of England's inward FDI).

Source: Office for National Statistics · saved copy

How many jobs are there in the North East?

There were 0.73 jobs for every resident aged 16 to 64 in the North East in 2024 (England 0.86), and businesses spent £738 million on research and development there in 2024.

Source: Office for National Statistics · saved copy

How North East compares with other region of Englands

GDP per head (current prices) (2024)

North East ranks 9 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)

North East ranks 9 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)

North East ranks 9 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
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
9North East£20,562
Source: Office for National Statistics · saved copy

Employment rate, ages 16 to 64 (2023)

North East ranks 9 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
3East of England77.5%
4East Midlands75.5%
5West Midlands75.2%
6London74.6%
7Yorkshire and the Humber74.2%
8North West73.8%
9North East72.8%
Source: Office for National Statistics · saved copy

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

North East ranks 12 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)

North East ranks 12 of 12, highest first.

RankRegionGross disposable household income per head (£)
6East Midlands£22,761
7North West£22,523
8Northern Ireland£22,258
9West Midlands£22,064
10Yorkshire and the Humber£21,913
11Wales£21,469
12North East£20,562
Source: Office for National Statistics · saved copy

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

North East ranks 12 of 12, highest first.

RankRegionMedian gross weekly pay of residents (£)
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
12North East£577.9
Source: Office for National Statistics · saved copy

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

North East ranks 10 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)

North East ranks 12 of 12, highest first.

RankRegionEmployment rate, ages 16 to 64 (%)
6Scotland74.7%
7London74.6%
8Yorkshire and the Humber74.2%
9Wales74.1%
10North West73.8%
11Northern Ireland73.6%
12North East72.8%
Source: Office for National Statistics · saved copy

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Sources

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