This statistic shows the ten cities with the fastest growing business base in the United Kingdom (UK) from 2016 to 2017. The number of businesses located in Warrington increased by **** percent during this period, with Aberdeen and Slough in second and third place respectively.

In 2024, the population of the United Kingdom was estimated to have grown by approximately 1.1 percent, with the population growing fastest in North West England, which grew by 1.4 compared with 2023. By contrast, growth in Scotland, Wales and Northern Ireland was below the UK average, with the population in these countries growing by 0.7 percent, 0.6 percent, and 0.4 percent respectively. Four countries of the UK Within the UK, South East England had the highest population of the regions that comprise the United Kingdom, at more than 9.6 million people. In terms of the four countries of the UK, England had by far the highest population at over 58.6 million people, compared with Scotland (5.5 million) Wales (3.2 million) and Northern Ireland (1.9 million) which have comparatively smaller populations. Of these countries, Scotland was the most sparsely populated, with 71 people per square kilometer, compared with 5,782 people per square km in London. Largest cities in the UK With over nine million people living there, London is by some distance the largest city in the UK. Other large cities in the UK include the West Midlands urban area, centered around the city of Birmingham, as well as Greater Manchester in North West England. With similar populations of around three million people, these two cities, generally considered as the main contenders for being England's second-city. In this year, Scotland's largest city was Glasgow, with Cardiff being the biggest settlement in Wales, and Belfast the largest in Northern Ireland.

In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which includes the major cities of Manchester and Liverpool, had the third-largest GDP among UK regions, at almost 250 billion pounds. Levelling Up the UK London’s economic dominance of the UK can clearly be seen when compared to the other regions of the country. In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at over 63,600 pounds per person in the UK capital, compared with just over 37,100 pounds in the rest of the country. To address the economic imbalance, successive UK governments have tried to implement "levelling-up policies", which aim to boost investment and productivity in neglected areas of the country. The success of these programs going forward may depend on their scale, as it will likely take high levels of investment to reverse economic neglect regions have faced in the recent past. Overall UK GDP The gross domestic product for the whole of the United Kingdom amounted to 2.56 trillion British pounds in 2024. During this year, GDP grew by 0.9 percent, following a growth rate of 0.4 percent in 2023. Due to the overall population of the UK growing faster than the economy, however, GDP per capita in the UK fell in both 2023 and 2024. Nevertheless, the UK remains one of the world’s biggest economies, with just five countries (the United States, China, Japan, Germany, and India) having larger economies. It is it likely that several other countries will overtake the UK economy in the coming years, with Indonesia, Brazil, Russia, and Mexico all expected to have larger economies than Britain by 2050.

In the year 1500, the share of Western Europe's population living in urban areas was just six percent, but this rose to 31 percent by the end of the 19th century. Despite this drastic change, development was quite slow between 1500 and 1800, and it was not until the industrial revolution when there was a spike in urbanization. As Britain was the first region to undergo the industrial revolution, from around the 1760s until the 1840s, these areas were the most urbanized in Europe by 1890. The Low Countries Prior to the 19th century, Belgium and the Netherlands had been the most urbanized regions due to the legacy of their proto-industrial areas in the medieval period, and then the growth of their port cities during the Netherlands' empirical expansion (Belgium was a part of the Netherlands until the 1830s). Belgium was also quick to industrialize in the 1800s, and saw faster development than its larger, more economically powerful neighbors, France and Germany. Least-urban areas Ireland was the only Western European region with virtually no urbanization in the 16th and 17th century, but the industrial growth of Belfast and Dublin (then major port cities of the British Empire) saw this change by the late-1800s. The region of Scandinavia was the least-urbanized area in Western Europe by 1890, but it saw rapid economic growth in Europe during the first half of the following century.

The population of London reached over **** million in 2024, an increase of almost *** million people when compared with the early 1980s. Throughout the 1980s, the population of the United Kingdom's capital grew at a relatively slow rate, before accelerating to a much faster rate in the 1990s. London is by far the largest city / urban agglomeration in the United Kingdom, more than three times larger than the next largest cities of Manchester and Birmingham. London’s forecasted population is expected to continue growing at much the same pace it has been growing since the mid-1990s and reach almost *** million by 2042. London boroughs As of 2024, the London borough with the highest population was Croydon, at approximately *******, followed by Barnet at *******. Overall, London is divided into 33 different boroughs, with London's historic center, the City of London, having by far the smallest population, at just ******. Residents of the City of London, however, have the highest average median weekly earnings among all of London's boroughs, at ***** pounds per week, compared with just *** pounds per week in Redbridge, the lowest average weekly earnings among London boroughs. While the overall unemployment rate for London was 5** percent in early 2025, this ranged from ****percent in Newham, to just *** percent in Richmond upon Thames.
Economic imbalance Aside from being the UK's largest city in terms of population, London is also undoubtedly the UK's cultural, political and economic center. As of 2023, the GDP of Greater London was approximately *** billion British pounds, almost a quarter of the UK's overall GDP. In the same year, GDP per person in London was ****** pounds compared with the UK average of ****** pounds. Additionally, productivity in London is far higher than the UK average. As measured by output per hour worked, London was **** percent more productive than the rest of the UK.

According to the forecast, the North West and Yorkshire & the Humber are the UK regions expected to see the highest overall growth in house prices over the five-year period between 2025 and 2029. Just behind are the North East and West Midlands. In London, house prices are expected to rise by **** percent.

The median annual earnings in the United Kingdom was 39,039 British pounds per year in 2025. Annual earnings varied significantly by region, ranging from 49,692 pounds in London to 34,403 pounds in the North East. Along with London, only South East England and Scotland had earnings above the UK average, at 39,983 pounds and 39,719 pounds respectively. Regional Inequality in the UK Various other indicators highlight the degree of regional inequality in the UK, especially between London and the rest of the country. Productivity in London, as measured by output per hour, was 26.2 percent higher than the UK average. By comparison, every other UK region, except the South East, fell below the UK average for productivity. In gross domestic product per head, London was also an outlier. The average GDP per head in the UK was just over 37,000 pounds in 2023, but for London it was almost 64,000 pounds. Again, the South East's GDP per head was slightly above the UK average, with every other region below it. Within London itself, there is also a great degree of inequality. In 2023, for example, the average earnings in Kensington and Chelsea were 964 pounds per week, compared with 675 pounds in Barking and Dagenham. Wages continue to grow in 2025 In March 2025, weekly wages in the UK were growing by around 5.6 percent, or 1.8 percent when adjusted for inflation. For almost two years, wages have grown faster than inflation after a long period where prices were rising faster than wages between 2021 and 2023. This was due to a sustained period of high inflation in the UK, which peaked in October 2022 at 11.1 percent. Although inflation started to slow the following month, it wasn't until June 2023 that wages started to outpace inflation. By this point, the damage caused by high energy and food inflation had led to the the worst Cost of Living Crisis in the UK for a generation.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.