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Borough Statistics – Economy and Labour Market

Borough Statistics - Economy and Labour Market

Businesses
In 2019 there were 8,715 VAT and/or PAYE registered businesses in the borough, accounting for 11.5% of all such businesses in Northern Ireland.

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Employment
It is estimated that in 2018 over 100,000 people in the borough were in employment. The employment rate for those aged 16-64 was 73.9% in the borough and 70.0% in Northern Ireland.

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Earnings
In 2019 those living in the borough earned more annually than both those working in the borough and in Northern Ireland overall.

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Town Centre Vacancy Rates
As at 30th April 2019, vacancy rates of non-domestic properties in the borough ranged from 5.9% in Craigavon to 28.0% in Dromore.

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Economy