Source: Oxford Economics - Global Cities Index 2026
https://www.visualcapitalist.com/ranked-the-worlds-largest-city-economies-in-2050/
Today’s Biggest City Economies
In 2025, five cities generated more than $1 trillion in annual GDP. New York ranked first at $2.6 trillion, followed by Tokyo at $1.5 trillion and Los Angeles at $1.4 trillion.
Rank City Country GDP (2025)
1 New York U.S. $2.60T
2 Tokyo Japan $1.50T
3 Los Angeles. U.S. $1.42T
4 London UK $1.16T
5 Paris France $1.03T
6 Seoul South Korea. $970B
7 Chicago U.S. $970B
8 Dallas U.S. $840B
9 San Francisco U.S. $840B
10 Houston U.S. $800B
11 Washington, DC U.S. $780B
12 Shanghai China $780B
Together, New York, Tokyo, and Los Angeles generated roughly $5.5 trillion in GDP, putting their combined economic output on the scale of the world’s largest national economies.
By 2050, the scale shifts dramatically: every city in the projected top 12 is expected to exceed $2 trillion in annual GDP.
Asian Megacities Climb the Global Rankings
By 2050, China is projected to have three cities in the global top 10, compared with none in 2025. U.S. cities remain prominent, but some of the largest GDP gains are expected in Asia.
Rank City Country GDP (2050)
1 New York U.S. $6.39T
2 Los Angeles U.S. $3.62T
3 Shanghai China $3.26T
4 Tokyo Japan $3.25T
5 London UK $3.17T
6 Beijing China $2.63T
7 San Francisco U.S. $2.49T
8 Dallas U.S. $2.44T
9 Shenzhen China $2.43T
10 Chicago U.S. $2.42T
11 Seoul South Korea $2.41T
12 Paris France $2.34T
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