Regional, sub-regional and local GVA estimates for London, 1997-2015

The main points from Current Issues Note 52 include:

• In 2015, London’s total nominal GVA was over £378 billion, up 3.2 per cent on 2014.
• London accounted for 22.7 per cent of the UK’s total GVA in 2015, up from 22.6 per cent in 2014, and 18.7 per cent when going back to 1997. London also has the highest GVA per head in the UK.
• In 2015, over 16 per cent of London’s GVA was generated by the Finance and insurance industry, accounting for more than half the UK’s total GVA in the Finance and insurance industry, and 3.7 per cent of the UK’s total GVA. 94.4 per cent of this was produced in Inner London.