The gross domestic product per capita of London was ****** British pounds in 2023, far larger than that of other major cities in England, such as Manchester which had a GDP per capita of ****** pounds.

The city of Paris in France had an estimated gross domestic product of 757.6 billion Euros in 2021, the most of any European city. Paris was followed by the spanish capital, Madrid, which had a GDP of 237.5 billion Euros, and the Irish capital, Dublin at 230 billion Euros. Milan, in the prosperous north of Italy, had a GDP of 228.4 billion Euros, 65 billion euros larger than the Italian capital Rome, and was the largest non-capital city in terms of GDP in Europe. The engine of Europe Among European countries, Germany had by far the largest economy, with a gross domestic product of over 4.18 trillion Euros. The United Kingdom or France have been Europe's second largest economy since the 1980s, depending on the year, with forecasts suggesting France will overtake the UK going into the 2020s. Germany however, has been the biggest European economy for some time, with five cities (Munich, Berlin, Hamburg, Stuttgart and Frankfurt) among the 15 largest European cities by GDP. Europe's largest cities In 2023, Moscow was the largest european city, with a population of nearly 12.7 million. Paris was the largest city in western Europe, with a population of over 11 million, while London was Europe's third-largest city at 9.6 million inhabitants.

Annual estimates of balanced UK regional gross domestic product (GDP). Current price estimates and chained volume measures for combined authorities and city regions.

House prices vary widely in the United Kingdom (UK), but housing in certain cities and counties is substantially pricier than in others. Surrey, for example, concentrated four of the most expensive towns to buy a home, including Virginia Water, Cobham, and Esher. With an average house price of over *********** British pounds as of June 2024, housing in these towns cost roughly **** times the national average. How did house prices change since the COVID-19 pandemic? Since the start of the coronavirus (COVID-19) pandemic, demand for housing has been especially high, causing house prices to soar. Among major UK cities, the house price increase was most prominent in Belfast, where it rose by *** percent in 2024. According to the UK House Price Index, the average annual house price increase on a national level was even higher. How long does it take to sell a house? With the demand for housing going strong and inventory running low, aspiring homeowners need to act faster than ever when making an offer on a home. The average number of days on market has continued shortening since the start of 2021 and was a little over a month as of October 2021. Surprisingly, selling a property took the longest in the UK’s most competitive market - London.

FOCUSONLONDON2011:POVERTY:THEHIDDENCITY One of the defining features of London is that it is a city of contrasts. Although it is considered one of the richest cities in the world, over a million Londoners are living in relative poverty, even before the additional costs of living in the capital are considered. This edition of Focus on London, authored by Rachel Leeser, presents a detailed analysis of poverty in London that reveals the scale and distribution of poverty in the capital. CHARTS: The motion chart shows the relationship between child poverty and worklessness at borough level, and shows how these two measures have changed since 2006. It reveals a significant reduction in workless households in Hackney (down 12 per cent), and to a lesser extent in Brent (down 7 per cent). The bar chart shows child poverty rates and the change in child poverty since 2006. It reveals that while Tower Hamlets has the highest rate of child poverty, it also has one of the fastest falling rates (down 12 per cent), though Haringey had the biggest fall (15 per cent). DATA: All the data contained within the Poverty: The Hidden City report as well as the data used to create the charts and maps can be accessed in the spreadsheet. FACTS: Some interesting facts from the data… ● Highest proportion of children in workless households, by borough, 2010 Westminster – 35.6% Barking and Dagenham – 33.6% Lewisham – 33.1% Newham – 31.4% Islington – 30.6% -31. Barnet – 9.1% -32. Richmond upon Thames – 7.0% ● Changes in proportions of workless households, 2006-09, by borough Hackney – down 12.3% Brent – down 7.3% Tower Hamlets – down 4.8% Lambeth – down 4.2% Hillingdon – down 4.1% -31. Enfield – up 5.8% -32. Bexley – up 7.3% ● Highest reduction in rates of child poverty 2006-09, by borough: Haringey – down 15.0% Newham – down 12.9% Hackney – down 12.8% Tower Hamlets – down 12.1% Southwark – down 11.5% -31. Bexley – up 6.0% -32. Havering – up 10.3%

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.

FOCUSON**LONDON**2011:**POVERTY**:THE**HIDDEN**CITY One of the defining features of London is that it is a city of contrasts. Although it is considered one of the richest cities in the world, over a million Londoners are living in relative poverty, even before the additional costs of living in the capital are considered. This edition of Focus on London, authored by Rachel Leeser, presents a detailed analysis of poverty in London that reveals the scale and distribution of poverty in the capital. REPORT: Read the full report as a PDF. https://londondatastore-upload.s3.amazonaws.com/fol/fol11-poverty-cover-thumb.jpg" alt=""> PRESENTATION: What do we mean by living in poverty, and how does the model affect different types of families? This interactive presentation provides some clarity on a complex concept. CHARTS: The motion chart shows the relationship between child poverty and worklessness at borough level, and shows how these two measures have changed since 2006. It reveals a significant reduction in workless households in Hackney (down 12 per cent), and to a lesser extent in Brent (down 7 per cent). The bar chart shows child poverty rates and the change in child poverty since 2006. It reveals that while Tower Hamlets has the highest rate of child poverty, it also has one of the fastest falling rates (down 12 per cent), though Haringey had the biggest fall (15 per cent). Charts DATA: All the data contained within the Poverty: The Hidden City report as well as the data used to create the charts and maps can be accessed in this spreadsheet. FACTS: Some interesting facts from the data… ● Highest proportion of children in workless households, by borough, 2010 1. Westminster – 35.6% 2. Barking and Dagenham – 33.6% 3. Lewisham – 33.1% 4. Newham – 31.4% 5. Islington – 30.6% -31. Barnet – 9.1% -32. Richmond upon Thames – 7.0% ● Changes in proportions of workless households, 2006-09, by borough 1. Hackney – down 12.3% 2. Brent – down 7.3% 3. Tower Hamlets – down 4.8% 4. Lambeth – down 4.2% 5. Hillingdon – down 4.1% -31. Enfield – up 5.8% -32. Bexley – up 7.3% ● Highest reduction in rates of child poverty 2006-09, by borough: 1. Haringey – down 15.0% 2. Newham – down 12.9% 3. Hackney – down 12.8% 4. Tower Hamlets – down 12.1% 5. Southwark – down 11.5% -31. Bexley – up 6.0% -32. Havering – up 10.3%

About this dataset

Context

This list ranks the 1 cities in the Rich County, UT by British population, as estimated by the United States Census Bureau. It also highlights population changes in each city over the past five years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 5-Year Estimates, including:

• 2019-2023 American Community Survey 5-Year Estimates
• 2014-2018 American Community Survey 5-Year Estimates
• 2009-2013 American Community Survey 5-Year Estimates

Variables / Data Columns

• Rank by British Population: This column displays the rank of city in the Rich County, UT by their British population, using the most recent ACS data available.
• City: The City for which the rank is shown in the previous column.
• British Population: The British population of the city is shown in this column.
• % of Total City Population: This shows what percentage of the total city population identifies as British. Please note that the sum of all percentages may not equal one due to rounding of values.
• % of Total Rich County British Population: This tells us how much of the entire Rich County, UT British population lives in that city. Please note that the sum of all percentages may not equal one due to rounding of values.
• 5 Year Rank Trend: This column displays the rank trend across the last 5 years.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

In 2023, the gross domestic product per capita in London was 63,618 British pounds, compared with 37,135 pounds per capita for the United Kingdom as a whole. Apart from London, the only other region of the UK that had a greater GDP per capita than the UK average was South East England, at 38,004 pounds per capita. By contrast, North East England had the lowest GDP per capita among UK regions, at 26,347 pounds. Regional imbalance in the UK economy? London's overall GDP in 2022 was over 508 billion British pounds, which accounted for almost a quarter of the overall GDP of the United Kingdom. South East England had the second-largest regional economy in the country, with a GDP of almost 341.7 billion British pounds. Furthermore, these two regions were the only ones that had higher levels of productivity (as measured by output per hour worked) than the UK average. While recent governments have recognized regional inequality as a major challenge facing the country, it may take several years for any initiatives to bear fruit. The creation of regional metro mayors across England is one of the earliest attempts at giving regions and cities in particular more power over spending in their regions than they currently have. UK economy growth slow in late 2024 After ending 2023 with two quarters of negative growth, the UK economy grew at the reasonable rate of 0.8 percent and 0.4 percent in the first and second quarters of the year. This was, however, followed by zero growth in the third quarter, and by just 0.1 percent in the last quarter of the year. Other economic indicators, such as the inflation rate, fell within the expected range in 2024, but have started to rise again, with a rate of three percent recorded in January 2025. While unemployment has witnessed a slight uptick since 2022, it is still at quite low levels compared with previous years.

The purpose of this study was to quantify the importance of inheritance in wealth creation in twentieth century Britain

National and subnational mid-year population estimates for the UK and its constituent countries by administrative area, age and sex (including components of population change, median age and population density).

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This statistic shows the highest valued towns in Wales as of *********, by average property value in British pounds. The town of Cowbridge in the Vale of Glamorgan has the highest average property value of any town in Wales with an average house price of approximately ******* British pounds.

East Dunbartonshire, the city of Edinburgh, East Loathian and East Renfrewshire were the most xpensive regions for residential property in Scotland as of February 2025. The average house price in those regions were over 300,000 British pounds. In comparison, the average house price in Scotland was almost two times lower. Which are the most expensive streets to live in Scotland? With the average house price valued at approximately 3 million British pounds, Queen's Crescent, Auchterarder PH3 was the most expensive street for residential real estate in Scotland in 2024. This was almost twice higher than in the second-priciest street, Ann street, Edinburgh EH4. Compared to other regions in the UK, Scotland is affordable Though 3.6 million British pounds is an impressive figure, not all housing in Scotland falls in this price bracket. In fact, with an average house price of about 170,000 British pounds, Scotland is the third most affordable region for first-time home buyers. Furthermore, it has the second lowest rent to income ratio in the UK.

The City of Edinburgh had a gross domestic product of just over **** billion British pounds in 2023, the most of any local area of Scotland. Glasgow City had the second-highest GDP of Scottish local areas, at **** billion pounds, followed by Aberdeen City and Aberdeenshire at around **** billion pounds.

In 2025, Moscow was the largest city in Europe with an estimated urban agglomeration of 12.74 million people. The French capital, Paris, was the second largest city in 2025 at 11.35 million, followed by the capitals of the United Kingdom and Spain, with London at 9.84 million and Madrid at 6.81 million people. Istanbul, which would otherwise be the largest city in Europe in 2025, is excluded as it is only partially in Europe, with a sizeable part of its population living in Asia. Europe’s population is almost 750 million Since 1950, the population of Europe has increased by approximately 200 million people, increasing from 550 million to 750 million in these seventy years. Before the turn of the millennium, Europe was the second-most populated continent, before it was overtaken by Africa, which saw its population increase from 228 million in 1950 to 817 million by 2000. Asia has consistently had the largest population of the world’s continents and was estimated to have a population of 4.6 billion. Europe’s largest countries Including its territory in Asia, Russia is by far the largest country in the world, with a territory of around 17 million square kilometers, almost double that of the next largest country, Canada. Within Europe, Russia also has the continent's largest population at 145 million, followed by Germany at 83 million and the United Kingdom at almost 68 million. By contrast, Europe is also home to various micro-states such as San Marino, which has a population of just 30 thousand.

In the first quarter of 2025, London West End - Bond Street was the most expensive location for prime high street rents in the UK, with prices reaching 2,500 British pounds per square foot. The West End was ranked ahead of London City, which came in third. In Manchester, the annual costs of rental per square foot of prime retail real estate amounted to 235 British pounds. Retail warehouses Retail warehouses typically range from 50,000 to hundreds of thousands of square feet. They are used for keeping and distributing inventory. Retail warehouses include loading docks, truck doors and large parking lots; also, they may contain a limited amount of office space. Prime retail warehouse properties belong to the wider category of industrial property, along with other real estate types, such as distribution buildings, showroom facilities, manufacturing buildings, cold storage facilities, telecom or data hosting centers, "flex" buildings denoting more than one industrial or commercial facility housed in the same building, and finally R&D buildings. Prime yields of high street retail across Europe Retail real estate prime yields in Europe were the lowest in Zurich, Switzerland, and the highest in Bucharest, Romania in 2025. As could be expected, larger cities in Europe tended to produce lower yields, due to the lower risk associated with these markets. Locations with lower yields tend to have steady occupancy rates and rental growth.

Cardiff and Vale of Glamorgan was the local area of Wales that had the highest gross domestic product in 2023, at over **** billion British pounds. By contrast, the Isle of Anglesey had a GDP of just around **** billion pounds, the lowest of the provided Welsh regions.