Where Economic Prosperity
Meets Opportunity
Who we are
Leading the Future of UK Innovation & Growth
Norfolk is set to be a key player in the UK economy, excelling in clean energy, agrifood, financial services, advanced manufacturing, engineering, and digital technology. With a diverse economy, rich cultural assets, and the iconic city of Norwich, Norfolk offers unique investment opportunities. Our vision and expertise drive significant growth, addressing global challenges like food and energy security, healthy ageing, climate change, and technological advancements. Together with the business community, Norfolk will continue to meet market demands and be a world-renowned centre of research excellence.
Our
REGION
We have some fantastic opportunities for investment in Norfolk. Click on the map to find out more details on what’s available. Or press the skip map button to learn more about our thriving economy!
Grow & Invest
Our Economy at a Glance
Our Economy
at a Glance
£20BN
GVA
GROSS VALUE ADDED
£32.90
PRODUCTIVITY
GVA PER HOUR
UK £37.70
£32,634
NORFOLK’S
WORKPLACE MED
ANNUAL PAY
UK AVERAGE £35,100
39,760
BUSINESS
COUNT
+14%
2013-23 GROWTH
IN BUSINESS BASE
UK +23%
63%
BUSINESS 3-YEAR
SURVIVAL RATES
UK 56% (based on 2019 births)
42,550
JOBS IN
AGRI-FOOD & AGRI-TECH
7,975
JOBS IN
LIFE SCIENCES
11,978
JOBS IN
FINANCIAL SERVICES
20% of Norwich GVA
61,399
JOBS IN HEALTH &
SOCIAL CARE JOBS
47,582
JOBS IN MANUFACTURING
& ENGINEERING
61,842
JOBS IN CULTURE,
HERITAGE AND
VISITOR ECONOMY
33.1%
AGED 16-64 WITH
LEVEL 4 (OR HIGHER)
East of England 39.6%, UK 43.2%
+14%
AGED 16-64 WITH
NO QUALIFICATION
East of England 5.8%, UK 6.4%
MALE
LIFE EXPECTANCY
GREAT YARMOUTH 75.1
KING’S LYNN 76.7
Norfolk average 80 years
FEMALE
LIFE EXPECTANCY
GREAT YARMOUTH 81.2
KING’S LYNN 81
Norfolk average 83.8 years
931,900
TOTAL POPULATION
(6.8% increase since 2011 census)
£262,300
MED HOUSE PRICE
UK £275,000
Get in touch
Our team is ready to assist you
New businesses survive and thrive here more than in the UK as a whole, thanks to a wealth of business and employee friendly factors.
invest@norfolk.gov.uk
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