Economic Facts & Figures

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Economic Facts & Figures

There are a number of local and national data sources which provide a valuable insight into the performance of the West Lothian economy. This section of the website highlights the key indicators of the health of the West Lothian economy, drawn from those sources.

We have produced a new publication entitled West Lothian Economic Profile. This document provides the key facts for investors, businesses, entrepreneurs and anyone with an interest in the local economy. It includes an overview on how West Lothian compares with other parts of Scotland and a base-line to help monitor progress in developing our economy.

We also produce a regular publication summarising the key trends in the West Lothian economy. You can download the latest issue May 2013 - or view some of our back issues:

For further information on the local economy, simply click on the links.

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Population
West Lothian's population is 172,990
GRO(S) 2011 mid-year estimate

Average Age
The average age in West Lothian is 39 - compared to 41 in Scotland
GRO(S) 2011 mid-year estimate

Number of Firms
An estimated 4,500 firms are currently trading in West Lothian
West Lothian Business Database - November 2012

VAT Registered Firms
There are 4,125 PAYE/VAT Registered firms in West Lothian
ONS (2010) - Business Demography (2010)

Jobs
Total employee jobs in West Lothian stands at 73,000
ONS/BRES (Business Register and Employment Surveysis) - 2011

Job Vacancies
In November 2012, there were 1,560 job vacancies in West Lothian
ONS claimant count

Skills & Qualifications
Of West Lothian's total working age population, 30.3% are qualified to HND, degree and Higher degree level (NVQ 4 equivalent and above)
ONS annual population survey (Jan 2011 - Dec 2011)

Economic Activity
West Lothian's rate of economic activity is 78.1% - slightly higher than both Scotland (77.1%) and GB (76.6%). In West Lothian, this rate of 78.1% represents 90,000 people who are either in employment or actively seeking employment
ONS annual population survey - (Jul 2011 - Jun 2012)

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 3.6% (% is a proportion of resident working age people) in November 2012
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
PACE (Partnership Action for Continuing Employment) redundancy activity and support, which is the responsibility of Skillls Development Scotland (SDS), has been given to 567 employees in West Lothian in the first eight months of the financial year 2012/2013
Skills Development Scotland, November 2012

Shop Occupancy Rates
The average shop occupancy rate in West Lothian is 92.0%
West Lothian Council, October 2012

Property Prices
The average residential property price in West Lothian is £151,030
ESPC House Price Update - Q3 2012

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