Top 10 Richest Cities Of the World 2012!




Richest CitiesA city’s wealth is mainly calculated by its GDP (Gross Domestic Product). Basically, GDP is a measure of the value of all the services and goods produced domestically. The more these goods and services, the more the GDP. It is calculated on the basis of some major factors; living standards, economic vitality, research capability, income and consumption, political influence, etc.

Now it is, of course, not necessary that the richest cities are from the richest countries. A country’s GDP takes into account all imports and exports, investments, consumption and government spending etc. Note that these parameters are different from those used for cities. Hence, the richest city may not belong to the richest country. Although it is very likely, given the level of development throughout the rich and developed countries.

So here goes a list of the richest cities in 2012 by measure of their GDP.

Tokyo

Tokyo is the capital city of Japan, which the third richest country in the world. Despite the slow-down on Japanese economy due to natural disasters and international competition for its manufactured products, Tokyo is still at the top spot with a GDP of $1479 Billion! It is considered as one of the three command centers of the world, others being New York City and London. In 2009, it was declared as the most expensive city in the world in terms of living costs.

Tokyo

New York City

With a GDP of around $1406 Billion, more than that of India, New York truly showcases the economic might of the world’s richest country (U.S.A). By market capitalization, New York Stock Exchange is the largest stock exchange in the world. It is said to be the center of the world, with most of major banks and other organizations of the world headquartered in it.

New York City

Los Angeles

L.A, the city of Angels, is another major city in terms of science, technology, media, culture, trade etc. It has a GDP of  $592 Billion which, although not at par with NY and Tokyo, is still a sum to reckon with.

Los Angeles

Chicago

Chicago is another american city that is a center for trade. It has a GDP of $574 Billion. Most importantly, it houses a lot of political activity, and is the Democratic Party’s turf. President Barack Obama comes from Chicago.

Chicago

London

Capital to the world’s sixth largest economy, London boasts of a GDP of $565 Billion. It is another financial command center of the world, housing most of the U.K’s top organizations. London is well-known for its rich and luxurious lifestyle. It is said to be the hub that connects the eastern world to the western one. It houses a large population as well, which also makes it one of the busiest city of the world. Because of so much traffic jams and slow-moving speed of traffic (as a result of all the business), London is sometimes informally referred to as ‘The World’s largest car-park’ :).

London

Paris

The French capital is known for its beauty, rich lifestyle, rich cultural heritage, and iconic architectural landmarks. The world’s famous Eiffel tower, of course is situated in Paris. Paris is considered as the world’s most beautiful city, and it attracts more than 45 million tourists each year! And with a GDP of $813.4 billion, it generates a quarter of the whole of France’s income. It is also the second largest city in Europe.

Paris

Osaka

Osaka is considered as Japan’s commercial capital, which is why it is also informally known as the ‘nation’s kitchen’. It is the third largest city in Japan, after Tokyo and Yokohama, and houses electronic giants like Panasonic, Sanyo, Sharp, etc. It has a GDP of $417 Billion, and it plays an important part in the world’s economy.

Osaka

Mexico City

Now that’s the first city in our list not belonging to the top 10 richest countries in the world. It has a GDP of $390 Billion, which is larger than some other local economies in the Latin american region. It houses 21.2 million people, making it the largest metropolitan in the region as well. Not only that, it has the honor to be the largest economy among developing countries.

Mexico City

Philadelphia

The fourth richest city of U.S.A is a centerpiece to early American history, and home to many ideas that resulted in the American Revolution and independence. It has a budget of $388 Billion, and is home to major economic activities such as financial services, oil refining etc.

Philadelphia

San Paulo

This is another major economy among developing nations. Possessing a GDP of $388 billion, it is Brazil’s major commercial city. It hosts the San Paulo Stock Exchange, the Future Markets, BOVESPA, and Cereal Market Exchange, the second largest stock exchange market in the region.

San Paulo

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About Qasim Zaib

Qasim is a passionate blogger and has written several articles on Affiliate Marketing and Blogging niche. He is a young internet marketer and enjoys guiding people on how to make a better living online. He is a Gold star SEM contributor and a co-author.
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Comments

  1. zakri geek says:

    hello Qasim Zaib
    i’m glad to be the first one to comment your post i like all this cities and i wish visite one of them
    http://myway2blogging.blogspot.com/

  2. I think you put a picture of Tokyo for NYC.!
    Look ate the tower in red on the back, it seems the Tokyo tower. And yes, there is an angle from which you can see a replica of a statue of liberty and a bridge.

  3. Paris bla bla, beautiful lifestyle bla bla, beautiful buildings bla bla… It’s not giving elements to the debate…. Paris is home to most Fortune Global 500 companies, more than New York and London. Paris is home to lot of headquarters and powerful industries. And I would like to add the fact that Paris has the largest business quarter than any other cities in Europe (London included). Paris is not a simple touristic destination like Rome with nothing more outside touristic areas, Paris is a world capital. So please forget that “post card” picture in that kind of article.
    PS : New York pics is in fact Tokyo (you can notice the Tokyo Tower in the background) and Paris is not 815millions$ but 500 and something (more than London last year so I suppose London overtook Paris this year which was equal to Chicago). I seriously doubt about the fact that these informations are accurate…

  4. It’s São Paulo

    And not San Paulo

    You are idiot !

  5. Come on man where the hell Dubai go.You eye is only on these stupid Europeans.

  6. London is great if you have a lot of money, otherwise a depressing place to live.

  7. Bernardi says:

    it is outdated… this data is from 2008, not 2012…

  8. thnxxxxx

  9. I don’t think this actually offers a very clear picture. Volume of industry and total revenue – yes, but that’s not how I would quantify wealth. It should be GDP per capita – if this were the metrics, you would see a very different picture. I know that the San Francisco Bay Area gets cut in half (not sure why) but it was combined it would be third on this chart after NYC. If you consider GDP per capita, San FRancisco is much wealthier than Tokyo. Again, this is only in reference to this chart, there might be other areas with greater wealth.

  10. Nice Info, I like this, and I wanna richs to 🙂

  11. wow, crazy richs, very richs

  12. Oh great list.I want to visit New York City even once in my life.



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