Tuesday, 22nd January 2013
Regional, sub-regional and local gross value added estimates for London, 1997-2011
Source: GLA Economics (UK)
In 2011, London’s total output was £283 billion (up 2.1 per cent on 2010). Inner London accounts for 69 per cent of this output, with Inner London-West alone accounting for 45 per cent of the total output.
London now accounts for 21.6 per cent of the UK’s total output.
In 2010, over a fifth of London’s output was generated by the financial and insurance industry, accounting for nearly half of the UK’s total output in the industry and 4.5 per cent of the UK’s total output.
In 2010, Inner London produced 94 per cent of London’s output in the financial and insurance industry, and over three-quarters of its output in professional/scientific/technical, information/communication, and real estate industries. Outer London hosted over half of London’s output in only three industries (transport/storage, construction, and manufacturing).
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By Adrian Janes
Having begun his career in academic libraries, Adrian Janes is currently an Information Services Librarian with the London Borough of Havering.
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