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Winning location You are here:  > Home  > moving_to_west_lothian  > key_economic_facts
 

Key Economic Facts

West Lothian's dynamic local economy provides a supportive backdrop to fast growing companies.
 

Population
West Lothian's population is 172,080
GRO(S) 2010 mid-year estimate

Average Age
The average age in West Lothian is 39 - compared to 41 in Scotland
GRO(S) 2010 mid-year estimate

Number of Firms
An estimated 4,450 firms are currently trading in West Lothian
West Lothian Business Database - January 2011 

VAT Registered Firms
There are 3,630 VAT Registered firms in West Lothian
BERR - VAT registrations/deregistrations by industry (2007)

Jobs
Total employee jobs in West Lothian stands at 76,300
ONS annual business inquiry employee analysis (2008) 

Job Vacancies
In December 2011, there were 1,055 job vacancies in West Lothian
ONS claimant count

Skills & Qualifications
Of West Lothian's total working age population, 29.7% are qualified to HND, degree and Higher degree level (NVQ 4 equivalent and above)
ONS annual population survey (Jan 2010 - Dec 2010)

Economic Activity
West Lothian's rate of economic activity is 78.1% - higher than both Scotland (77.0%) and GB (76.2%). In West Lothian, this rate of 78.1% represents 90,300 people who are either in employment or actively seeking employment 
ONS annual population survey  - (Jul 2010 - Jun 2011)

Earnings
The average gross wage by residence in West Lothian is £479.00 per week and £466.40 per week by workplace
ONS annual survey of hours and earnings - resident and workplace analysis (2011)

Unemployment
Unemployment in West Lothian stands at 3.7% (% is a proportion of resident working age people) in December 2011
ONS claimant count 

More Choices, More Chances
It is estimated that about 1,060 16 to 19 year olds in West Lothian were not in employment, education or training in November 2009
Source: DWP and Careers Scotland

Redundancies
No major redundancies have been reported in West Lothian in the first nine months of the financial year 2011/2012
Skills Development Scotland, December 2011

Shop Occupancy Rates
The average shop occupancy rate in West Lothian is 91.9%
West Lothian Council, October 2011

Property Prices
The average residential property price in West Lothian is £142,359
ESPC  House Price Update - Q4 2011

 
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