GVA per workforce job estimates for London and the UK, 1997 - 2015

Working Paper 87 provides estimates of Gross Value Added (GVA) per workforce job for London, the regions and the UK, by industry section and division, through to 2015.

The latest data finds that the all sector average GVA per workforce job in London was £58,442 in 2015 (a value 36.1 per cent higher than the UK as a whole and 48.6 per cent higher than the UK excluding London). In nominal terms, for 2015, the all-sector average GVA per workforce job in London increased by 1.3 per cent. For the UK as a whole, the all sector average GVA per job was £42,918; and £39,339 for the rest of the UK (excluding London); increases of 1.2 per cent and 1.5 per cent respectively.

In real terms, GVA per workforce job in London fell by 0.4 per cent compared to the previous year; and in 2015, remains below the value seen in 2010.