Top 5 most populous megacities worldwide
The United Nations has released fresh data on the most populous cities in the world. Let's take a look at the top megacities by population.
Toronto is ranked 10th in the latest survey. On a scale of 1,000 points the most popular Canadian megalopolis is gauged at 707. The winner of the rating is just 93 points ahead. The business area famous for its banks, headquarters of world-known brands, and other financial institutions is situated in the heart of Toronto.
Boston (the US) occupies the 9th line being estimated at 709 points. The administrative center of Massachusetts is the financial center of both the state and New England. Experts note this megalopolis is the oldest and richest city of the United States.
San Francisco is full of sunshine and hospitable people. It is ranked 8th. Its economy has been booming since numerous hi-tech companies in the Silicon Valley attracted a lot of investors.
The capital city of the United States is on the 7th place. Washington's economy is thriving due to a large share of professional and business service jobs. The federal government accounts for about 30% of the jobs in Washington.
Ancient and cozy Zurich is given the 6th rank. The Alpine country benefits mainly from its financial sector. Most banks, headquarters of famous companies, and leading financial institutions are located in one of the major cities of Switzerland.
Tokyo deserves the 5th rank on the list. Experts affirm that Japan's capital is not inferior to the leaders of this rating in terms of grand scale of forex deals. However, Tokyo cannot boast a large number of accredited foreign banks. This is the reason why it lags behind other competitors.
Hong Kong is marked by a mind-blowing way of life. This special administrative region of China is one of major Asian financial centers.
Singapore takes the bronze medal of the rating. It is estimated at 755 points. The city state is famous for its thriving economy and low taxes. Transnational corporations account for the important part in Singapore's financial sector. Interestingly, the metropolis has been yielding one of the highest GDP in the world per capita.
New York is a favorite place of high-flying young businessman from all over the world. It is ranked 2nd. Wall Street is a symbol of New York where the most liquid and significant stock exchanges, trading floors, and other important institutions have their offices.
London remains an obvious leader of the rating. Affluent people and ambitious businessman adore the UK capital city. They appreciate the liberal legislation of the country. Importantly, almost 80% of all deals are conducted by investment banks through this top financial hub.
The United Nations has released fresh data on the most populous cities in the world. Let's take a look at the top megacities by population.
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