The North East had one of the highest increases in the rate of business creation between 2010 and 2011. It exported more goods outside the European Union (EU) than to the EU in 2011.
The business birth rate increased by 1.8 percentage points between 2010 and 2011 from 9.4% of active enterprise to 11.2%, the joint highest increase with London. The business death rate decreased by 1.1 percentage points from 11.0% to 9.9% over the same period.
In 2011, the value of goods exported relative to the size of the local economy was greatest in the North East at 33% of gross value added (GVA), compared with the UK average of 22%. More than half the region’s goods exports were to outside the EU (51%).
The North East had the highest unemployment rate of all the English regions in Q4 2012 at 9.7%. It had increased by 4.0 percentage points from 5.7% in Q4 2007, one of the highest regional increases.
Over a fifth of employed people in the region worked in the public sector in Q4 2012 (22.6%), the highest proportion among the English regions. This was down 3.2 percentage points since Q4 2010, a larger decline than the England average (a 2.2 percentage point reduction).
Gross disposable household income (GDHI) of residents in the North East was £13,600 per head in 2011. This was 15% below the UK average and the lowest of the English regions. Subregionally, GDHI ranged from £12,610 per head in South Teesside to £16,440 per head in Northumberland.
The North East region’s total GVA in 2011 was £41.4 billion, 3.2% of the UK’s GVA. Tyneside generated 38% of the region’s GVA at £15.7 billion.
In 2010, the largest sector in terms of output was manufacturing, which generated 15.5% of the region’s total GVA. This was followed by human health and social work at 11.0%.
Source: Office for National Statistics
Notes and sources:
The data section of this release (939 Kb Excel sheet) provides more Economy data. All data are published by ONS except goods export data from HM Revenue and Customs.
Gross disposable household income (GDHI) covers the income received by households and non profit-making institutions serving households and is net of tax payments. The data are unsmoothed.
Use the GDHI per head interactive map to see how it has changed over time at regional level.
Gross value added (GVA) is a key measure of economic performance. The data used here are consistent with the workplace based series, which allocates the incomes of individuals to their place of work, but are unsmoothed data for individual years.
GVA interactive charts and maps allow users to select different regions and industries and see their relative significance over the period from 1997 to the latest available year.
Standard Industrial Classification 2007 (SIC2007) defines the industries.
Employment, unemployment and economic inactivity rates are seasonally adjusted Labour Force Survey (LFS) headline indicators.
Regional employment and economic inactivity rates are data for all people aged 16 to 64.
Regional unemployment rates are data for all people aged 16 and over.
Subregional employment data are from the Annual Population Survey (APS).
Subregional unemployment data are from the Model-Based Estimates of ILO Unemployment for LAD/UAs, which uses APS and other data sources to calculate annual data every quarter.
Regional Public Sector Employment is expressed as a percentage of all people in employment.
Regional labour market statistics provides access to the latest key labour market figures.
Nomis provides access to the most detailed and up-to-date UK labour market statistics from official sources.
Labour market indicators are defined in the Glossary.
Interpreting labour market statistics.
Investigate how unemployment rates have changed over time at regional level.
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