Argyll and Bute

Economic profile. Data last updated 2026-03-28.

Argyll and Bute supports 35,985 workplace jobs with median earnings 8% below the England average. The claimant rate (2.7%) is lower than the England average of 4.1%.

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Workplace Jobs

35,985

Claimant Rate

2.7%

England: 4.1%

Median Annual Earnings

£30,436

249th of 348

England: £33,080

Median House Price

£253,480

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,489

England: £63,763

Source: ONS, Nomis, HM Land Registry, 2024-2025·Last updated March 2026

Employment & Labour Market

Monthly claimant count rate over the past 3 years.

Source: Claimant Count via Nomis, BRES, 2020-2026·Last updated March 2026

Industry Structure

Location quotients and shift-share analysis for Argyll and Bute's economy.

The most specialised sectors are Agriculture, forestry & fishing (LQ 11.58) and Mining & quarrying (LQ 7.87). Arts, entertainment & recreation shows the strongest local competitive advantage. Human health & social work underperforms its national sectoral trend.

Largest Sector

Accommodation & food service

Most Specialised

Agriculture, forestry & fishing

England: LQ 11.58

Fastest Growing

Arts, entertainment & recreation

Specialised Sectors

6

England: LQ > 1.25

Source: BRES via Nomis, 2020-2024·Last updated March 2026

Economic Output

Estimated Gross Value Added for Argyll and Bute, derived from sector employment and national productivity ratios.

Total GVA

£2.2bn

GVA per Job

£61,489

England: £63,763

Productivity Rank

141

141st of 391

Top GVA Sector

Public administration & defence

Estimates based on national GVA-per-job ratios applied to local sector employment (BRES). Indicative only. See Methodology for details.

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £30,436 are below the England median of £33,080.

Median Annual

£30,436

England: £33,080

10th Percentile

£9,885

90th Percentile

N/A

90/10 Ratio

N/A

Source: ASHE via Nomis, 2025·Last updated March 2026

Skills & Qualifications

Census 2021 highest qualification and occupation data.

Source: Census 2021, ONS

Business Environment

Active enterprises in Argyll and Bute from the UK Business Counts dataset.

3,870 active enterprises operate in this area. The business base has declined by 0.3% over three years. 74.5% of enterprises have fewer than 5 employees.

Active Enterprises

3,870

3-Year Growth

-0.3%

0.3%

Share of England

0.2%

Source: UK Business Counts via Nomis, 2024·Last updated March 2026

Housing & Property Market

Estimated house prices for Argyll and Bute vs England, 2015-2025.

The median house price of £253,480 is below the England median of £290,000. The price-to-earnings ratio is 8.3x. Prices have risen 1.8% over the past year.

Median Price

£253,480

England: £290,000

Price-to-Earnings

8.3x

12-Month Change

1.8%

Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026

Place & Deprivation

Deprivation data not available for this area.

IMD data is only available for English local authorities.

The English Indices of Deprivation 2019 cover 317 English local authorities. Scottish and Welsh areas use separate indices (SIMD and WIMD) with different methodologies.

Impact Calculator

Estimate the economic impact of investment or job creation in Argyll and Bute using regional input-output multipliers.

Source: Derived from ONS Supply-Use Tables, regionalized via SLQ, 2019·Last updated March 2026