Economy of Gibraltar - Various Economic Indicators By National Origin

Various Economic Indicators By National Origin

Due to their business culture, the average annual earnings of Indo-Gibraltarians is nearly twice that of the rest of Gibraltarian people and approximately 1.5 times that of immigrants in the UK, thus making people of Indian descent by far the most economically affluent ethnic group in Gibraltar.

Rank National Origin Average annual
earnings
1 Indian £32,585
2 UK British £22,011
3 Other EU £20,613
4 All other nationals £20,414
5 National average £19,383
6 Gibraltarian £18,934
7 Spanish £13,359
8 Moroccan £12,933
Rank Origin Hourly pay
1 Indian £14.73
2 UK British £11.30
3 Other EU £10.58
4 All other nationals £10.48
5 National average £10.03
6 Gibraltarian £9.46
7 Spanish £6.86
8 Moroccan £6.64
Rank Origin Unemployment
rate
1 Moroccan 7.3%
2 Spanish 2.8%
3 National average 2%
4 Gibraltarian 2%
5 UK British 1.4%
6 Other EU 1.4%
7 All other nationals 0.7%
8 Indian 0.4%
Rank Origin Average monthly
earnings
1 Indian £2,455.61
2 UK British £1,818.57
3 Other EU £1,715.89
4 All other nationals £1,628.83
5 National average £1,627.49
6 Gibraltarian £1,625.49
7 Spanish £1,171.22
8 Moroccan £1,148.04
Rank Origin % in higher managerial
and professional occupations
1 Indian 20.3%
2 UK British 12.6%
3 Other EU 11.8%
4 All other nationals 9.5%
5 National average 9.0%
6 Gibraltarian 8.4%
7 Spanish 5.9%
8 Moroccan 4.4%

Read more about this topic:  Economy Of Gibraltar

Famous quotes containing the words economic, national and/or origin:

    It does not follow, because our difficulties are stupendous, because there are some souls timorous enough to doubt the validity and effectiveness of our ideals and our system, that we must turn to a state controlled or state directed social or economic system in order to cure our troubles.
    Herbert Hoover (1874–1964)

    All experience teaches that, whenever there is a great national establishment, employing large numbers of officials, the public must be reconciled to support many incompetent men; for such is the favoritism and nepotism always prevailing in the purlieus of these establishments, that some incompetent persons are always admitted, to the exclusion of many of the worthy.
    Herman Melville (1819–1891)

    Art is good when it springs from necessity. This kind of origin is the guarantee of its value; there is no other.
    Neal Cassady (1926–1968)