Economy of London

Common card · No. 387731

The economy of London is dominated by service industries, particularly financial services and associated professional services, which have strong links with the economy in other parts of the United Kingdom (UK) and internationally. In addition to being the capital city of the United Kingdom, London is one of the world's leading financial centres for international business and commerce and is one of the "command centres" for the global economy. London is the most populous region, urban zone and metropolitan area in the United Kingdom. London had the fifth largest metropolitan economy in the world in 2011 according to the Brookings Institution. In 2024, GDP per capita of the City of London was £7.33 million (US$10.04 million) or the largest in the world. The London fiscal surplus, £32.5 billion in 2016–17, mostly goes towards funding services in other parts of the UK. London accounts for approximately 22 per cent of the UK's economic output. 841,000 private sector businesses were based in...

Read on Wikipedia · Image The wub, CC BY-SA 4.0