The UK service sector makes up around 79 per cent of GDP. London is one of the world's largest financial centres, ranking 2nd in the world, behind New York City, in the Global Financial Centres Index in 2020. London also has the largest city GDP in Europe. Edinburgh ranks 17th in the world, and 6th in Western Europe in the Global Financial Centres Index in 2020. Tourism is very important to the British economy; with over 27 million tourists arriving in 2004, the United Kingdom is ranked as the sixth major tourist destination in the world and London has the most international visitors of any city in the world. The creative industries accounted for 7 per cent GVA in 2005 and grew at an average of 6 per cent per annum between 1997 and 2005.