Tokyo has the single largest GDP of any city, besting the output of both Saudi Arabia and Canada in 2014, and joining New York as a global city with a GDP north of $1 trillion. The Council explores these dynamics in depth including through its flagship Chicago Forum on Global Cities, which it hosts annually in partnership with the Financial Times.Īmong the 42 cities on the world’s top 100 economies list, Tokyo, New York, and Los Angeles rank No. The analysis is part of the Council’s leading efforts to examine the influence of global cities and how they are on the front lines of the world’s most pressing challenges and at the center of the most innovative solutions. The report, “ 100 Top Economies: Urban Influence and the Economic Position of Cities in an Evolving World Order,” ranks the world’s largest economies using national GDP, metropolitan GDP and annual corporate revenue data from the World Bank, Brookings and Forbes.
Hanson, vice president of studies at the Council.
“Cities have long been a key part of the global economy, but this analysis – which shows that some cities outpace even nations and the world’s largest multinational corporations – suggests cities have the might to shake up the global world order,” said Brian T. Forty-two of the world’s top 100 economic entities are cities, says a new report from the Chicago Council on Global Affairs, illustrating how cities command a significant share of global economic output and could better harness their economic power to influence global policy.
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