OXFORD ECONOMICS GLOBAL CITIES INDEX 2024

Cities are the driving force behind our global economy. They are the engines for national economic growth, centres for education and innovation, and seats of political power. In 2023, the 1,000 largest cities in the world accounted for 60% of global GDP and over 30% of the world’s population—and the importance of cities will only continue to grow in the future. In the decade preceding the Covid-19 outbreak, 70% of cities outperformed their respective countries in terms of either GDP or employment growth. But beyond economic strength, cities lead in other domains as well. They tend to have more educated populations and better access to services, as compared to their countries as a whole. In 2023, the 1,000 largest cities in the world accounted for 60% of global GDP. This is not just a regional or high-income country story though. Oxford Economics’ 1,000 Global Cities are located across the world, in both advanced and developing countries. Metropolitan areas in 163 countries are represented in our 1,000 Global Cities, and the phenomena described above are present in cities in every region of the world, across income levels. In the decade preceding the Covid-19 outbreak, 70% of cities outperformed their respective countries in terms of either GDP or employment growth. The importance of cities is well documented, but comparing metropolitan areas in different countries and regions can be challenging due to disparities in data collection and inherent structural differences across cities. Nonetheless, assessing the relative strengths and importance of cities around the world is valuable for businesses, academics, and policymakers alike to be able to make informed decisions. Hence, these comparisons must consider more than just economic output or growth; there are several dimensions that can make a city attractive to residents and investors. To solve this issue, we are launching the Oxford Economics Global Cities Index.

source :

https://static.poder360.com.br/2024/05/oxford-economics-cidades-mai2024.pdf