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Published March 2025

Belfast facts and figures 2025

Belfast at a glance

  • Belfast has a population of 348,005. The wider Belfast City Region has a population of 1.13 million
  • Home to a young population with 40 per cent of the population aged 30 years or younger
  • Belfast’s GDP has grown by 58 per cent in the last decade
  • Belfast is the regional driver, generating approximately 31 per cent of the region’s GDP
  • High productivity of £61,868 (GVA per job filled), 41 per cent increase in the last ten years. (The highest of all UK Core Cities and higher than the UK average)
  • Ranks #2 of all UK Core Cities
  • Belfast’s GVA is forecast to reach £18bn by 2033
  • Unique geographic position with tariff-free market access to the UK and EU market for goods
  • Belfast named by Time Out as one of the 50 Best Cities in the World for 2025
  • #5 Mid-Sized European City of the Future 2025 for Economic Potential

Office costs

City Office rental price (cost per sq. ft)
Belfast £25.50
Aberdeen £32.50
Liverpool £35
Leeds £39
Glasgow £39.50
Birmingham £43.25
Manchester £44
Edinburgh £46
Bristol £48
Dublin £52.7
Cambridge £62

Source: CBRE Q3 2024

Belfast take-up by sector

  • Business Services - 28 per cent 
  • Technology, Media and Telecommunications - 20 per cent 
  • Banking and Finance - 17 per cent 
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