Swansea Business Guide 2017-18

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Swansea Statistics
Population
Swansea’s population is 244,500 (2016), and is projected to grow to 270,000 by 2036.
It currently has a working age population (age 16-64) of 155,300.
Catchment Population
Over 600,000 people
live within a 30 minute
drive to Swansea and
two million within an
hour’s drive-time.
Commuting
Swansea has a daily
net inflow of +15,500
commuters.
Earnings
Swansea offers competitive wage rates – over 15%
below the UK average.
Students
Swansea is home to over
24,000 students studying
at Swansea University or
University of Wales Trinity
St David.
Qualifications
36% of residents are
qualified to degree level
or higher (NVQ 4) and
56% to A level (NVQ 3).
Priority
Sectors
Employment
There are 108,400 people in employment in Swansea. Swansea’s
status as the regional retail, leisure, educational and administrative
centre for South West Wales is reflected in the high proportion of
employment in the service sectors (88%).
There are nearly 8,000 businesses in Swansea and over 27,000
businesses in the wider Swansea Bay area.
36
3 0 minutes
1 hour
SWANSEA
0.63m
2.0m
Residents qualified to degree level or higher (NVQ 4)Residents qualified to A-Level (NVQ 3)
36% 56%
Number Employed in Priority Sectors
Financial & Professional Services
Energy & Environment
Advanced Manufacturing
Creative Industries
Tourism
ICT
Life Science
28,100
30,400 11,000
15,600
9,800
15,500 3,200
5,200 2,300
1,300 400
6,500 3,800
27,300
net daily inflow
Service Sectors
89%
Manufacturing
Construction
Wholesale & Retail
Transport & Communication
Accommodation & Food
Financial & Professional Services
Public Administration
Education
Health
Other services
Swansea Employment by Sector
17.5%
9.2%
11.1%
18.1%
8.3%
16%
4.6
%
4.3
% 7.1%
5.1%
Swansea
Average annual full-time earnings
UK
£23,819
£
£
£28,213