Despite ranking 61st, Buckinghamshire’s growth in GDHI has been below the national level since 2010, falling to 135th for growth in the last year. Buckinghamshire’s growth has also been below that of its NUTS2 area - Berkshire, Buckinghamshire and Oxfordshire - and all its other NUTS3 areas (Berkshire, Milton Keynes and Oxfordshire).

The South East region has the 2nd highest GDHI per capita among the 12 UK regions, behind London, one of only three to better the national level. The South East’s GHDI is now only 84.9 per cent of London’s, a new low, having last been higher than London’s in 2002. Despite failing to keep pace with national GDHI growth since 2010, the South East’s share of GDHI recorded in the UK outside London’s has risen from 19.0 per cent in 2010 to 19.5 per cent in 2016.

Table 1: Gross disposable household income per capita, 2016

Source: ONS, 2018

In absolute terms, Buckinghamshire’s gross disposable household income stood at a new high of £14.1bn in 2016, the 13th highest of all NUTS3 areas, down from 11th in 2015. Growth since 2010 has matched the national rate, to rank 52nd, while the 0.8 per cent growth recorded in the last year ranked only 125th.

Buckinghamshire generates 22.1 per cent of its GDHI from property income, the 7th highest share recorded amongst all NUTS3 areas and the 3rd highest outside London, while ranking 102nd for compensation from employment, which accounts for 75.2 per cent of the county’s GDHI.

Over the next ten years, Buckinghamshire’s disposable household income is forecast to grow slightly faster than across the country as a whole, growing 3.6 per cent per annum at current prices, according to Experian’s March 2018 Local Market Forecast ©.

The ONS’s GDHI report and data can be accessed here >: