Economy

Oxfordshire has one of the strongest economies in the South East, which is in turn the powerhouse of the national economy. Oxfordshire is globally competitive in areas such as high performance engineering, bioscience, medical instruments and publishing. 

The UK Competitiveness Index ranks local areas on a range of economic indicators.  In the 2013 Index, Oxfordshire Local Enterprise Partnership area ranks as the sixth most competitive of 39 LEPS in the UK.  Oxford is ranked eighth of the 45 cities considered.  

Productivity

Gross Domestic Product (GDP) is a measure of total economic activity or output. This is represented at regional level as Gross Value Added (GVA). The Office of National Statistics publishes GVA at county level (referred to as NUTS 3 level in this data set) every December for the previous year. 

View the GVA data on our interactive dashboard.

Labour market profile

Summary data on Oxfordshire’s Labour market is available from Nomis.  The profile includes data on resident population, labour supply, working-age benefits, labour demands and VAT registered businesses.  All figures are the most recent available and can be viewed in a time series, accompanied by definitions and explanations. There is also a very useful 'compare areas' function available, allowing comparison of numerous geographic areas for analysis. 

Businesses and employment in Oxfordshire

  • The Office for National Statistics publishes Business Demography Statistics on the births, deaths and survivals of UK enterprises. The active stock of businesses is also shown, so that birth and death rates can be calculated.
  • Data on business sectors and employment by industry is available from the Business Register and Employment Survey (BRES).   This yearly survey produces data from businesses to ward level that can be broken down by industry size band, employment type and employee gender.  It provides the best source of information on the structure of Oxfordshire’s economy by industry at a specific time, and allows comparisons with other counties or unitary authorities.
  • Business data by activity, size and location is published annually by the ONS
  • The Annual Population Survey provides quarterly and annual data on employment rates and status broken down by age, gender and industry group at a range of geographies down to district and parliamentary constituency level.
  • Tourism South East publishes statistics on the volume and value of domestic tourism by county, and admission rates on the top attractions in the region.
  • Visit Britain publishes statistics on the volume and value of international tourism.
  • Download our briefings (here and here - both PDF) on what the 2011 census tells us about employment and industry in Oxfordshire.
  • Download our briefing on the 2011 census data about how people travelled to work and how many people worked from home (PDF). 

Earnings

The Annual Survey of Hours and Earnings (ASHE) is the source recommended by the ONS for estimates of the levels of earnings.

Click here for a dashboard showing information about earnings in Oxfordshire.

Unemployment

Click here to view our interactive dashboard showing the claimant count (see below)  as a proportion of the working age population from November 2013 onwards.

Click here to view our interactive dashboard showing the ILO unemployment rate (see below) as a proportion of the working age population from 2004 to 2013.

There are a number of different measures for unemployment, of which ILO (International Labour Organisation) figures for those without work are the preferred measure. Click on 'read more' to continue...