The London input-output tables
This Working Paper (97) is the first set of published input-output tables for London, and is an important step towards economic accounts for the city:
- The London economy mirrors the UK in terms of the contribution of components of income, expenditure and production to output.
- Unlike the UK a small number of sectors account for much of London’s output. These are mainly export-oriented sectors, and with other sectors which enable the movement of people and goods support a trade surplus with the EU, and the rest of the world
- Exports from London are a quarter higher to the rest of the UK than the rest of the world, and London is in trade balance with the rest of the UK
The data that sits behind the tables can be accessed from the London Datastore.