Area type
London Borough
Population
248,115
GDP
£21 billion
Average salary
£54,038
Labour force
187,104
Job Density
1.44
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The Gross Domestic Product (GDP) in Islington was worth an estimated £21 billion in 2019, according to figures published by the ONS. Islington's GDP growth between 2018 and 2019 was 4.1% per year. Compare GDP by area.
The Professional, Scientific & Technical Service (e.g. legal, accounting) industry is the largest in Islington based on the number of jobs, accounting for 23.5% of roles in the area.
2019 ONS figures suggest that there are 263,000 jobs in Islington, which has a working-age (aged 16-65) population of 187,104. The 2019 job density in Islington is 1.41, meaning there are 1.41 jobs per member of the Islington working-age population.
Islington had a mean average salary for full-time employees of £54,038 in 2021. Islington's unemployment rate is 5.1% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Islington is 187,104 or 75.4% of the total population.
In 2021, 94.9% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 15.2% are self-employed, and 84.8% are employees.
Islington's working-age population ranks among the most educated in England.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Islington working-age (aged 16-64) population who have a degree or higher is 61.0%, which is above the 42.8% degree qualification rate for England.
Over 75% of the Islington working-age population have at least 2 A-levels (or equivalent), and 6% have no qualifications.
Qualifications classifications
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Main page: Islington Salary
The average salary in Islington as of 2021 is £54,038. Between 2020 and 2021, average salaries fell by £2,687. Compare average salaries by area.
Islington's salary growth rate is -4.74% per year based on changes in average salary between 2020 and 2021, which is 4.74% lower than the average salary growth rate in Islington over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Islington is Business & Public Service Assoc. Professionals, accounting for 19% of all roles in the area. In England as a whole, the largest job group is Business & Public Service Assoc. Professionals.
The fastest-growing type of job in Islington is Health Professionals, with roles increasing 81% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Business & Public Service Assoc. Professionals | 23,900 | 18.6% | 29.2% |
| Business, Media And Public Service Professionals | 23,500 | 18.2% | 4.4% |
| Science, Research, Engineering And Technology Profs | 16,400 | 12.7% | 10.1% |
| Corporate Managers And Directors | 10,500 | 8.2% | -7.9% |
| Culture, Media And Sports Occupations | 8,600 | 6.7% | -18.9% |
There was a 4% decrease in roles between 2019 and 2020. In England as a whole, there was a 2% decrease.
Based on the total number of jobs, the largest industry in Islington is Professional, Scientific & Technical Service (e.g. legal, accounting). Other major industries include Information & Communication, Business Administration & Support, which represents over 10% of roles in Islington.
Financial & Insurance companies make up 6% of the Islington economy that's higher than the average for England as a whole (~3%).
14% of the total jobs in Islington are in Information and Communication, one of the key sectors for the future, above the 5% of jobs in England as a whole.
Industry | Number | Percentage |
|---|---|---|
| Professional, Scientific & Technical | 54,000 | 23.5% |
| Information & Communication | 32,000 | 13.9% |
| Business Administration & Support | 24,000 | 10.5% |
| Health | 20,000 | 8.7% |
| Accommodation & Food Services | 16,000 | 7.0% |
The fastest-growing industry in Islington is Agriculture, Forestry & Fishing, with jobs in the sector increasing 67% between 2019 and 2020 from 15 to 25. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Islington between 2019 and 2020 was Motor trades, which saw an 40% decrease in roles, going from 500 to 300. In England more broadly the industry with the biggest year on year decline was Arts, entertainment & recreation, with roles decreasing by 8%.
The Information and communication industry includes many of the top companies of the future. In Islington, the number of roles in this sector has fallen by 9% over the past year, below the 1% annual increase seen in England.
Islington Demographics
Islington Crime
Rental Market of Islington
2021 UK Business Count data published by the ONS show there are 110 large businesses in Islington, making up 0.5% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 385 medium-sized businesses based in Islington, making up 1.8% of total businesses - in England, 1.5% of businesses are medium-sized. A medium-sized business is defined as having between 50 and 249 employees.
There are 1,850 small businesses based in Islington, making up 8.6% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Islington's unemployment rate is 5.1% that's 0% lower than the average unemployment rate for England as a whole. Unemployment rates are the number of unemployed people as a percentage of the working-age population.
The main group within the unemployment population is Student, representing 55.4% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, all of which represent over 10% of the unemployed population.
In England as a whole, students are the main group within the unemployed population, accounting for 28.9% of the unemployed population.
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics