Southampton is home to over 254,000 people.
Most recent data (2018) estimates the Southampton economy to be worth £7.7 billion. Economic growth up to this point was healthy, with GVA(B) increasing by 2.8% between 2017 and 2018. Additionally, GVA(B) per head of
population in Southampton (£30,419) was higher than the national average (£29,356) in 2018. This data is taken from the ONS Regional Accounts.
41% of the Southampton population is qualified to degree level, and with two universities it has an excellent talent pool.
From 2011 – 2018 there was a 37% increase in business in Southampton, higher than the England (30%) and South East (23%) averages.
The Solent Economic Recovery Plan also provides Experian forecast data (June 2020). Southampton GVA (million) estimated @ £8.072 billion in 2019.
Southampton is bidding for the City of Culture 2023.
You are in very good company as other major employers that call Southampton home include: