Renfrewshire Council

Paisley Town Hall

Fast facts on the Renfrewshire economy

Paisley Town Hall played host to Renfrewshire's Economic Development Conference this week, with a focus on tackling inequalities and delivering inclusive growth.

Delegates heard how Renfrewshire's economy is greatly improved, with the highest employment rate across the Glasgow city region and more businesses generating a greater turnover than this time last year.

They also learned about new developments and opportunities set to boost the economy even more, including a manufacturing innovation district being developed next to Glasgow Airport and £100million being invested to transform Paisley town centre and its cultural venues.

So what are some of the key facts behind our buoyant local economy?

  • Business incubator InCube supports the start-up of 300 new businesses each year
  • Programmes to help people into work are rated the best performing in Scotland
  • At 76.1%, our employment rate outstrips the entire Glasgow city region
  • Weekly earnings for Renfrewshire residents are £28.50 higher than the Scottish average
  • Hosting major events this summer boosted the local economy by £1.25million
  • 80% of 16-64-year-olds are economically active, but by 2041, our working age population is expected to decrease by 2.1%
  • Manufacturing provides employment to 11% of our total workforce with 358 different manufacturing sites in the area, including world-renowned Rolls-Royce and Diageo.

Renfrewshire Economic Statistics

Published on Wednesday 21 November 2018