With COVID-19 continuing to impact parts of the global economy disproportionately, how will these kinds of economic comparisons hold up in the future?ģ Reasons to Explore International Stocks Now Tallying all the urban and rural areas, every state economy can be compared to the size of entire countries.Īccording to the American Enterprise Institute, the state of California brings in a GDP that rivals the United Kingdom in its entirety.īy this same measure, Texas competes with Canada in terms of pure economic output, despite a total land area that’s 15 times less that of the Great White North. Zooming out beyond just these massive cities demonstrates the combined might of the U.S. When viewed this way, the corridor is actually the world’s largest in economic terms. are sometimes grouped into a single megaregion. Given the proximity of cities in the Northeast, places like Boston, NYC, and Washington, D.C. It’s worth noting that using individual metro areas is one way to view things, but geographers also think of urban life in broader terms as well. Meanwhile in the South, the Dallas metroplex brings in $478 billion, placing it sixth in the ranks. Delhi will then be the largest global city with a population of almost 39 million.įor more data on urban population trends please consult World Urbanization Prospects 2018 as published by the United Nations.Coming in fourth place is San Francisco on the West Coast, with $549 billion in total economic output each year. According to United Nations calculations, the number of megacities is expected to increase to 43 by 2030. This is followed by Delhi (33 million) and Shanghai (29 million). Currently the largest city is the urban agglomeration of Tokio with a population of 37 million inhabitants. Most of these so-called megacities are situated in Asia (21), Latin America (6) or Africa (3). By 2030 this figure is set to reach 60%.Īt present there are 34 cities worldwide with more than 10 million inhabitants. This represents 57% of the global population. Mid-2023 approximately 4.6 of the more than 8 billion people worldwide lived in towns or cities. According to the United Nations, the urban population is set to increase by almost 600 million by the year 2030 reaching a total of 5.2 billion.
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