The marine sector contributed £336m (GVA) to the Somerset economy in 2016. The represents 3% of total economic output for the county. Incidentally, 3% of national economic output is accounted for by the same activities. The biggest contributions by district are from South Somerset (£127m) and Taunton Deane (£106m).
5,495 full-time equivalent (FTE) jobs were supported by the Marine sector in Somerset in 2016, roughly 2.4% of all employment in the county. As with GVA output, the majority of this employment is found in South Somerset (2,170) and Taunton Deane (1,720).
Measured as GVA per FTE job, productivity in the Marine sector stood at £61,140 in Somerset in 2016, compared to a national average of £53,730.
Source: Economic Model for Somerset and the Heart of the South West (HotSW) Local Enterprise Partnership, 2018