If London were a country, its economy would be the 8th largest in Europe. That economy reflects the character of the city – global, open, innovative, diverse and dynamic. These characteristics help to make it one of the most prosperous cities in the world and a global economic centre.
Forty per cent of the world’s largest 250 companies have based their European headquarters in London. With the strongest sectors being the financial sector and the Cultural and Creative sector.
Economy
Total output (GDP), 2019 |
£503 billion |
GDP per head |
£56,199 |
Businesses
Number of businesses, 2021 |
1,043,500 |
Annual % change in businesses, 2021 |
- 8% |
Import (2020)
- Value goods from the world: £56.7 billion
- Value goods from the Netherlands: £4.5 billion
- Main partners: Germany, China, France, Netherlands
Export (2020)
- Value goods from the world: £37.9 billion
- Value goods from the Netherlands: £2.0 billion
- Main partners: United States, Germany, Hong Kong, Switzerland
Local Enterprise Partnership:
Invest and Trade Company:
