The economy of Liverpool encompasses a wide range of economic activity that occurs within and surrounding the city of Liverpool, England. With a population of over 1.3 million in its Larger Urban Zone, and a metropolitan area population of 2,241,000, Liverpool is one of the largest cities in the United Kingdom and sits at the centre of the broader Merseyside economic area, which is itself one of the two core economies of the North west of England. In 2017 the Liverpool City Region experienced the UK's highest growth in real GVA, increasing by 3.3%.