It’s great to read Make UK’s 2022 analysis of the UK Manufacturing sector which shines a light on the latest manufacturing facts and statistics. With an annual output of £183 billion, the UK remains the ninth largest manufacturing nation in the world. Their analysis debunks multiple myths, including the misconception that manufacturing jobs are poorly paid, with the average manufacturing wage being 12% higher than the whole economy.
Here are some of the highlights of the report:
Key facts and figures
- £183bn of output from the UK manufacturing sector
- 2.5M jobs provided by UK manufacturing
- 12% higher wages than the whole economy
- 51% of the UK’s total export is goods
- 64% of all UK business R&D spend
- 15% of total UK business investment
Manufacturing remains better paid
£35,277 average manuafctrung salary, Compared to the UK average of £31,447 for the whole economy (all industries and services)
Competing on the global stage
UK is 9th largest manufacturing country in the world and manufacturers are investing £31B into the UK economy each year.
The UK exports globally, with the top countries being the United States (£43.2bn), Germany (£32.4bn), The Republic of Ireland (£21.6bn) and the Netherlands (£19.7bn)
Read more about the UK manufacturing facts and figures here:
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