Which city has highest GDP in world?

Tokyo
Metropolitan city

Rank (nominal) Rank (PPP) Metropolitan area
1 1 Tokyo
2 2 New York
3 3 Los Angeles
6 4 Seoul

What city has highest GDP per capita?

Midland, TX
GDP per capita for metropolitan statistical areas (in real chained 2009 Dollar)

Rank Metropolitan area
1 Midland, TX Metropolitan Statistical Area
2 San Jose-Sunnyvale-Santa Clara, CA Metropolitan Statistical Area
3 San Francisco–Oakland–Hayward, CA Metropolitan Statistical Area

What percent of GDP comes from cities?

We live in an urban world. Half of the world’s population already lives in cities, generating more than 80 percent of global GDP today. But the urban economic story is even more concentrated than this suggests. Only 600 urban centers, with a fifth of the world’s population, generate 60 percent of global GDP.

How do you calculate the GDP of a city?

Here, GDP=W (wages) + P (Profits) + R (Rents) + CP (Capital Gains) Value Added Approach: In this approach, the value/price of final goods and services (including financial goods and services) are added up and the value of the intermediate goods is subtracted.

How is India GDP calculated?

India’s GDP is calculated with two different methods, one based on economic activity (at factor cost), and the second on expenditure (at market prices). The factor cost method assesses the performance of eight different industries.

How is a cities GDP calculated?

Top down approach using population/ employment data (overall or by sector): apportions the state/ provincial GDP to cities based on the cities’ share in population or total workforce in the state. then divided by the city’s population to arrive at per capita figures.

Is India’s GDP fake?

Arvind Subramanian, India’s former Chief Economic Advisor also cautioned against these figures, saying that India’s actual GDP between 2011–12 and 2016–17 is around 4.5%, as opposed to the official figure of 7%.

What are the top ten world cities by GDP?

These Are The Top Ten World Cities By GDP 1 Shanghai (\$516 billion) 2 Moscow (\$520.1 billion) 3 Chicago (\$524.6 billion) 4 Osaka (\$654.8 billion) 5 Paris (\$669.2 billion) 6 London (\$731.2 billion) 7 Seoul (\$779.3 billion) 8 Los Angeles (\$789.7 billion) 9 New York (\$1.210 trillion) 10 Tokyo (\$1.520 trillion)

What are the most wealthy cities in the world?

Like with countries, one of the best measures of a city’s wealth is its GDP, so here are the top ten world cities on the basis of their gross domestic product (GDP) (this list is based on the 2018 GDP figures): 1. Top Ten World Cities By GDP 2. Shanghai (\$516 billion) 3. Moscow (\$520.1 billion) 4. Chicago (\$524.6 billion) 5. Osaka (\$654.8 billion)

Which cities have a trillion dollar economy?

Another trillion-dollar GDP city is New York City in the United States. The GDP of New York in 2018 is \$1.21 trillion. These are the only two cities with trillion dollar economies. The next richest city based on GDP is Los Angeles, California in the U.S. The GDP of this city in 2018 was \$789.7 billion.

What is the GDP of the city of London?

It is the world’s largest financial centre and has the fifth largest economy in the world with a GDP of about \$731.2 billion. London is often regarded as a world cultural capital and is also the world’s most-visited city.