Gwynedd
Economic profile. Data last updated 2026-03-28.
Gwynedd supports 56,670 workplace jobs with median earnings 24% below the England average. The claimant rate (3.1%) is lower than the England average of 4.1%. Productivity (GVA per job) is ranked 295th of 391 local authorities.
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 Gwynedd's economy.
The most specialised sectors are Agriculture, forestry & fishing (LQ 5.58) and Mining & quarrying (LQ 5.25). Wholesale & retail trade shows the strongest local competitive advantage. Accommodation & food service underperforms its national sectoral trend.
Source: BRES via Nomis, 2020-2024·Last updated March 2026
Economic Output
Estimated Gross Value Added for Gwynedd, derived from sector employment and national productivity ratios.
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 £25,179 are significantly below the England median of £33,080.
Source: ASHE via Nomis, 2025·Last updated March 2026
Skills & Qualifications
Census 2021 highest qualification and occupation data.
Source: Census 2021, ONS
Demographics
Census 2021 population by age band.
The population is 117,393 with 61.3% of working age. The dependency ratio is 63% (above average, indicating a relatively older or younger population).
Source: Census 2021, ONS·Last updated 2021
Commuting & Travel to Work
Census 2021 method of travel to work for Gwynedd residents.
23.7% of residents work from home (below the national average). The most common commute method is driving a car or van (56.6%).
Source: Census 2021 TS061, ONS·Last updated 2021
Business Environment
Active enterprises in Gwynedd from the UK Business Counts dataset.
5,445 active enterprises operate in this area. The business base has grown by 0.7% over three years. 77.8% of enterprises have fewer than 5 employees.
Source: UK Business Counts via Nomis, 2024·Last updated March 2026
Housing & Property Market
Estimated house prices for Gwynedd vs England, 2015-2025.
The median house price of £209,698 is significantly below the England median of £290,000. The price-to-earnings ratio is 8.3x. Prices have risen 1.8% over the past year.
Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026
Place & Deprivation
Index of Multiple Deprivation 2019. Gwynedd is ranked 18 out of 22 local authorities (1 = most deprived).
Ranked 18th of 22 local authorities on the IMD (1 = most deprived). The most challenging domain is Housing (ranked 3rd), while Physical Environment ranks comparatively better (20th).
Source: Welsh Government WIMD, 2019·Last updated 2019
Impact Calculator
Estimate the economic impact of investment or job creation in Gwynedd using regional input-output multipliers.
Source: Derived from ONS Supply-Use Tables, regionalized via SLQ, 2019·Last updated March 2026