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The information is accurate as of 31 December 2022.
Data courtesy of Beauhurst.

Comprehensive Performance Report for Wales


The following report provides a comprehensive analysis of the business landscape across various councils in the region of Wales. Utilising aggregated data from the year 2022, this report aims to offer insights into employment trends, sector performance, and economic activities within the region. By examining metrics such as the number of employees, industry growth, and business dynamics, we aim to highlight areas of strength and opportunities for improvement across the councils.

Population and Employment Overview

Council Number of Employees Population Employees per 1000 Residents
Cardiff 167393 362400 462
Flintshire 95979 155000 619
Swansea 55582 238500 233
Wrexham 41077 135100 304
Caerphilly 33786 175900 192
Carmarthenshire 35858 187900 191
Rhondda Cynon Taf 46865 237700 197
Newport 46750 159600 293
Bridgend 29267 145500 201
Neath Port Talbot 23517 142300 165
Denbighshire 23325 95800 243
Monmouthshire 20256 93000 218
Powys 25719 133200 193
Conwy 21006 114800 183
Pembrokeshire 21985 123400 178
Vale of Glamorgan 21452 131800 163
Torfaen 17336 92300 188
Gwynedd 18768 117400 160
Isle of Anglesey 14637 68900 212
Merthyr Tydfil 7180 58800 122
Ceredigion 10380 71500 145
Blaenau Gwent 8909 66900 133

Business Dynamics and Sector Analysis

Across the councils, the sectors showing significant activity vary, reflecting the diverse economic bases of the regions. Cardiff, with its large population, leads in sectors such as wholesale and retail trade, but also shows a burgeoning interest in mobile apps, reflecting its urban and technologically inclined demographic. In contrast, areas like Ceredigion and Isle of Anglesey, with smaller populations, show a focus on professional, scientific, and technical services, indicating a niche in specialized industries.

Significant differences are also observed in the sectors that attracted funding in 2022. Rhondda Cynon Taf, a council with a substantial number of employees in construction, saw considerable activity in healthcare products, highlighting a shift towards high-demand sectors. Meanwhile, Flintshire and Wrexham, with their strong industrial bases, attracted attention in manufacturing and engineering, underscoring their role as critical players in Wales’ industrial strategy.

Investment and Innovation

Investment activities, as indicated by the number of fundraisings and IPOs, were notably varied across the councils. Cardiff, being a major economic hub, reported the highest number of attendance in accelerator programs, which is indicative of a dynamic startup ecosystem. On the other hand, councils like Blaenau Gwent and Merthyr Tydfil, despite their smaller size, showed activities in sectors that suggest a potential for niche market development and innovation.

The presence of patent owners and companies receiving grants in 2022 also varied significantly. For instance, Rhondda Cynon Taf, with a strong showing in healthcare products, also reported a high number of patent owners, suggesting a robust innovation landscape. This contrasts with areas like Pembrokeshire and Torfaen, where fewer such activities were recorded, pointing to different economic focuses and opportunities for targeted development initiatives.

Conclusion and Recommendations

This report has highlighted the diverse and dynamic nature of the business landscape across the councils of Wales. Each council exhibits unique strengths and opportunities, from Cardiff’s technology-oriented sectors to Flintshire’s industrial activities. It is recommended that councils leverage their unique economic characteristics to attract investment, foster innovation, and encourage sustainable growth. Continued support for sectors showing growth potential, along with initiatives to boost underrepresented industries, could further enhance the economic well-being of the region.

Future outlooks should consider the evolving global economic conditions and the increasing importance of digital infrastructure and sustainability in business operations. By focusing on these areas, Welsh councils can enhance their competitiveness and resilience in the face of future challenges.

The information is accurate as of 31 December 2022.
Data courtesy of Beauhurst.