City of London
Economic profile. Data last updated 2026-03-28.
City of London supports 655,740 workplace jobs. The claimant rate (1.2%) is lower than the England average of 4.1%. Productivity (GVA per job) is ranked 2nd of 391 local authorities.
Source: ONS, Nomis, HM Land Registry, 2024-2025·Last updated March 2026
Employment & Labour Market
Monthly claimant count rate over the past 3 years.
Source: Claimant Count via Nomis, BRES, 2020-2026·Last updated March 2026
Industry Structure
Location quotients and shift-share analysis for City of London's economy.
The most specialised sectors are Financial & insurance (LQ 9.98) and Information & communication (LQ 3.10). Information & communication shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.
Source: BRES via Nomis, 2020-2024·Last updated March 2026
Economic Output
Estimated Gross Value Added for City of London, derived from sector employment and national productivity ratios.
Estimates based on national GVA-per-job ratios applied to local sector employment (BRES). Indicative only. See Methodology for details.
Earnings & Income
Gross annual earnings distribution, 2025.Note: ASHE earnings data may be suppressed for areas with fewer than 30 survey respondents.
Earnings data is not available for this area (likely suppressed due to small sample size).
Source: ASHE via Nomis, 2025·Last updated March 2026
Skills & Qualifications
Census 2021 highest qualification and occupation data.
Source: Census 2021, ONS
Demographics
Census 2021 population by age band.
The population is 8,580 with 79.6% of working age. The dependency ratio is 25.7% (below average, indicating a predominantly working-age population).
Source: Census 2021, ONS·Last updated 2021
Commuting & Travel to Work
Census 2021 method of travel to work for City of London residents.
67.3% of residents work from home (well above the national average). The most common commute method is on foot (14.2%).
Source: Census 2021 TS061, ONS·Last updated 2021
Business Environment
Active enterprises in City of London from the UK Business Counts dataset.
24,060 active enterprises operate in this area. The business base has grown by 9.5% over three years. 66.3% of enterprises have fewer than 5 employees.
Source: UK Business Counts via Nomis, 2024·Last updated March 2026
Housing & Property Market
Estimated house prices for City of London vs England, 2015-2025.
House price data is not available for this area.
Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026
Place & Deprivation
Index of Multiple Deprivation 2019. City of London is ranked 208 out of 317 local authorities (1 = most deprived).
Ranked 208th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 10th), while Crime ranks comparatively better (317th).
Source: MHCLG English Indices of Deprivation, 2019·Last updated 2019
Impact Calculator
Estimate the economic impact of investment or job creation in City of London using regional input-output multipliers.
Source: Derived from ONS Supply-Use Tables, regionalized via SLQ, 2019·Last updated March 2026