As the famous trend goes, migration takes place every year and people shift from rural to urban areas. In past few years, global cities are generally the largest empires in the world. Here we state you 10 most powerful cities in all aspect in the world.
1. New York
New York City is going through its fastest job growth rate which is considered as one among the most powerful cities in the world. New York`s metropolitan economy reaches a number of almost one and a half trillion dollars.
2. London
London’s Gross Value Added growth rate is forecast to be 3.6 per cent in 2015 where the region’s economic base is relatively more concentrated in manufacturing and agriculture.
3. Tokyo
Tokyo ranks third with economic USD1.1687 trillion, an amount rivaling the GDPs of Mexico or South Korea.
4. Hong Kong
Hong Kong is a highly attractive market for foreign direct investment (FDI) whose economy has expanded by 2.1% year-on-year in real terms in 2015, moderated from 2.5% in 2014.
5. Paris
In 2012, the GDP of the Paris as calculated by INSEE was €624 billion in 2012 and have increased upto €650 billion by 2014-15.
6. Singapore
Singapore’s economic freedom score is 89.4, making its economy the 2nd freest in the 2015 Index, Singapore ranks 2nd out of 42 countries in the Asia–Pacific region.
7. Los Angeles
About 40% of all containerized goods entering the U.S. pass through L.A., the largest seaport in the Western Hemisphere. Largest manufacturing center in the U.S., with more manufacturing jobs than the state of Michigan.
8. Seoul
The world’s second largest metropolitan area with over 25.6 million people. It is home to over half of South Koreans along with 678,102 international residents.
9. Vienna
Vienna, Austria, is the most livable city on earth which provides stability and opportunity to employers. Quality of Living survey released this week by global consultancy Mercer.
10. Stockholm
Stockholm is one among the fastest growing metropolitan cities in Europe, and is also the financial center of Scandinavia with the largest gross regional product.
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