Skip to content
Tuesday 18 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,720.30
-0.28%
DAX
26,338.61
-0.38%
CAC 40
8,579.60
0.00%
STOXX 50
6,530.45
-0.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 11 August 2016 4:13 pm

One chart showing what would happen to the UK’s GDP if you stripped out London

By: Emma Haslett

Add as a preferred source on Google

Since the Brexit vote and the ensuing realisation of a divide in national political priorities, an increasing amount of noise has been made about turning London into its own state.

Admittedly, that's pretty unlikely – but figures put together for Morning Wire by Statista using research from German think tank Institut der deutschen Wirtschaft suggests what might happen if we did strip London out of the nation's GDP figure.

It doesn't make for happy reading: according to the figures, UK GDP per capita would be 11.2 per cent lower if the capital became its own city state. 

Indeed, figures from EY last year suggested London's average gross value added is likely to rise 3.4 per cent a year by 2018, while per worker, the capital adds 40 per cent more to the economy than the rest of the UK. 

Still – the UK wouldn't come off as badly as some countries, such as Greece, where removing the capital from national GDP would shrink it by 19.9 per cent. Meanwhile, taking Paris out of France's figure would cut it by 15 per cent.

In fact, the only country which would stand to benefit from the capital being stripped out was Germany – where Berlin actually pushes GDP per capital down 0.2 per cent. 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

  • Grandparents fund university degrees to avoid inheritance tax net

  • Aldi boss wades into supermarket ‘price-gouging’ row

More from Morning Wire

  • Warning for John Healey as key fiscal target missed

    Economics
    Labour MP John Healey in a professional headshot, likely for news or political profile.
  • OBR misery makes tax rises inevitable

    Opinion
    Treasury Department building with government bonds signage, representing financial management and bond issuance responsibi...
  • Pension pressure to help swell UK debt to three times size of economy

    Economics
    Two older women exercising at an outdoor gym in sunshine
  • UK economy grows despite Iran war hit

    Economics
    Detailed view of a breaking news event related to general topics, showcasing key elements of the story in a business context.
  • UK economy tipped to stall as Iran war chokes growth

    Economics
    Canada
  • The devastating prognosis for the UK’s public finances

    Economic News/Analysis
    Dramatic cloud formation over Westminster, capturing a striking skyline with iconic landmarks under a moody sky.
  • War and tax: How the UK economy could get knocked off course

    Economics
    Andy Burnham speaking at a public event, emphasizing local governance and policy changes, wearing a suit and gesturing pas...
  • OECD sounds alarm on pension triple lock in challenge to Burnham

    Economics
    Andy Burnham discussing AI advancements at a business conference podium with delegates in the background
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook