The future of humanity will be driven by the rapid growth and power of cities—especially in the developing world.
Today, Tokyo is the No. 1 city in terms of gross domestic product (GDP), with an estimated $1.6 trillion GDP. But by 2035, it will be supplanted by New York City, which will have a GDP of $2.5 trillion—larger than all but a handful of countries. Two more of the world’s richest cities will be American—Los Angeles and Chicago—while four will be in China, the most of any country in the world. London, Paris, and Tokyo are set to round out the last three.
Altogether, these top 10 cities will have an astounding $13.5 trillion in GDP by 2035 (to put it in perspective, today that would be the third biggest economy in the world).
In terms of population, all but one of the world’s biggest cities in 2035 will be in developing countries (Tokyo is the sole exception). Most are not well known: No. 1 will be Jakarta, the bustling capital of Indonesia, while others will include Chongqing (China), Dhaka (Bangladesh), Kinshasa (Congo), and Lagos (Nigeria).
While not shown in these graphs, all the world’s fastest growing cities in terms of population will be Indian.
Economically, India will make up three of the top five of the fastest growing cities, including No. 1. China will claim four slots, while the remaining three will be the capitals of Bangladesh, Indonesia, and the Philippines.
Source: World Economic Forum