Regional Variation
The strength of the English economy varies from region to region. GDP, and GDP per capita is highest in London. The following table shows the GDP (2004) per capita of England as a whole and each of the nine regions.
Rank | Place | GDP per capita |
---|---|---|
England | 26 904 | |
1. | London | 44 401 |
2. | South East | 31 300 |
3. | East of England | 27 778 |
4. | South West | 27 348 |
5. | East Midlands | 26 683 |
6. | West Midlands | 25 931 |
7. | North West | 25 396 |
8. | Yorkshire and the Humber | 25 300 |
9. | North East | 22 886 |
Two of the 10 economically strongest areas in the European Union are in England. Inner London is number 1 with a €71 338 GDP per capita (303% above EU average); Berkshire, Buckinghamshire & Oxfordshire is number 7 with a €40 937 GDP per capita (174% above EU average).
Although being in South West England, which is the 4th strongest region in England, Cornwall and the Isles of Scilly (combined into a NUTS:3 region for statistical purposes) is the weakest area in England, with a GDP per capita of €18 645 per capita, or 79% of the EU average of €21 503.
Read more about this topic: Economy Of England