London's Economic Outlook: Spring 2019

Date published: 
12 June 2019

GLA Economics’ 34th London forecast suggests that:

  • London’s Gross Value Added (GVA) growth rate is forecast to be 1.5% in 2019. The growth rate is expected to increase marginally to 1.6% in 2020, before reaching 2.2% in 2021.
  • London is forecast to see increases in the number of workforce jobs in 2019, 2020 and 2021.
  • London’s household income and spending are both forecast to increase over the next three years, albeit at a relatively slow rate.

The data that sits behind the forecast is available to download from the London Datastore.