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

Gross domestic product in the South East was £43,178 per resident in 2024 at current prices, 2nd highest of 9 English regions and above the UK figure of £41,627.

GDP per head
£43,178
2024
Gross disposable household income per head
£29,577
2024
Gross median weekly pay (residents)
£678
2025

Is the economy of the South East growing?

After removing inflation, output per head in the South East grew by 5.9% 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 South East?

Households in the South East had £29,577 of disposable income per person in 2024 after taxes and benefits, 111.7% of the English average (£26,490) and 2nd highest of 9 regions.

Source: Office for National Statistics · saved copy

What is the average salary in the South East?

The median full-time and part-time employee living in the South East earned £678 a week before tax in April 2025 (ONS Annual Survey of Hours and Earnings), 2nd highest of 9 regions; England's median was £648. Weekly pay has risen 44.9% since 2015.

Source: Office for National Statistics · saved copy

What is the unemployment rate in the South East?

79.3% of people aged 16 to 64 in the South East were in work in 2023 (the highest of 9 regions), while the modelled unemployment rate was 2.9% (England: 76.0% and 3.7%).

Source: Office for National Statistics · saved copy

How productive is the South East?

Each hour worked in the South East produced £45.22 of gross value added in 2023, 2nd most productive of 9 English regions (England £42.39).

Source: Office for National Statistics · saved copy

How many businesses are there in the South East?

The South East had 431,000 active businesses in 2024, 17.1% of England's total; new firms were 10.0% of the stock that year and 57.8% of businesses born in 2021 were still trading three years later.

Source: Office for National Statistics · saved copy

How much does the South East export?

Exports of goods and services from the South East were worth £102.2 billion in 2023, and foreign companies held £319.0 billion of direct investment there in 2024 (16.3% of England's inward FDI).

Source: Office for National Statistics · saved copy

How many jobs are there in the South East?

There were 0.85 jobs for every resident aged 16 to 64 in the South East in 2024 (England 0.86), and businesses spent £9,228 million on research and development there in 2024.

Source: Office for National Statistics · saved copy

How South East compares with other region of Englands

GDP per head (current prices) (2024)

South East ranks 2 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)
1London£72,201
2South East£43,178
3South West£37,769
4East of England£36,942
5North West£36,926
6Yorkshire and the Humber£34,041
7West Midlands£33,969
Source: Office for National Statistics · saved copy

Gross median weekly pay, residents (2025)

South East ranks 2 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
1London£767
2South East£678
3East of England£671
4West Midlands£620
5North West£616
6South West£614
7East Midlands£606
Source: Office for National Statistics · saved copy

Gross disposable household income per head (2024)

South East ranks 2 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
1London£36,487
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
Source: Office for National Statistics · saved copy

Employment rate, ages 16 to 64 (2023)

South East ranks 1 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)

South East ranks 2 of 12, highest first.

RankRegionGDP per head (£, current prices)
1London£72,201
2South East£43,178
3Scotland£39,441
4South West£37,769
5East of England£36,942
6North West£36,926
7Northern Ireland£35,108
Source: Office for National Statistics · saved copy

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

South East ranks 2 of 12, highest first.

RankRegionGross disposable household income per head (£)
1London£36,487
2South East£29,577
3East of England£26,795
4South West£25,924
5Scotland£24,283
6East Midlands£22,761
7North West£22,523
Source: Office for National Statistics · saved copy

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

South East ranks 2 of 12, highest first.

RankRegionMedian gross weekly pay of residents (£)
1London£767.4
2South East£678.0
3East of England£670.8
4Scotland£642.9
5West Midlands£619.7
6North West£615.9
7South West£613.6
Source: Office for National Statistics · saved copy

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

South East ranks 2 of 12, highest first.

RankRegionGross value added per hour worked (£)
1London£53.96
2South East£45.22
3Scotland£41.28
4East of England£39.69
5North West£39.31
6South West£38.75
7Northern Ireland£36.88
Source: Office for National Statistics · saved copy

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

South East ranks 1 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

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