The ECONOMIC POWER INDEX by Global Residence Index

Latest update: November 21, 2023

The Economic Power Index by Global Residence Index is our measure of wealth of cities around the world. It’s a balance between where the wealthy reside, and where they create their wealth; where the billionaires live and where the leading public companies in the world are headquartered. The two are not necessarily the same; an important disparity can exist between cities on this point. Our ranking highlights the importance of a city in the global economy and its access to key actors. The COVID 19 Pandemic has hit the world economy hard, but a few cities have been able to make massive gains. Tech cities have seen their wealth grow. China has also made great strides since our last ranking and its Megapolis are expected to top our ranking in the next few years.

Rank	Country	City	EPI21	Billis	Billis Net Worth ($B)	G2000 Companies	G2000 Market Value ($B)
1	United States	New York MSA	125	151	709.6	95	4158.2
2	United States	San Francisco Bay Area	111	109	758.2	73	6625.8
3	China	Shanghai Yangtze River Delta Megalopolis	98	147	699.9	65	1346.4
4	China	Beijing Jing-Jin-Ji Megalopolis	85	87	444.6	80	2087.1
5	Japan	Tokyo Capital Area	75	27	136.9	142	2201.4
6	China	Guangzhou Pearl River Delta Megalopolis	74	88	527.3	41	1427.9
7	Hong Kong	Hong Kong	69	72	387.4	59	1075.5
8	United Kingdom	London Greater Area	67	65	309.7	60	1415
9	France	Paris Ile de France	57	21	336.9	55	1628.7
10	United States	Seattle Metropolitan Area	53	11	458.5	12	2930
11	United States	Los Angeles Greater Area	52	56	327.5	23	801.3
12	Russia	Moscow	51	73	376.6	14	314.4
13	South Korea	Seoul Capital Ara	46	41	105.3	52	683.9
14	India	Mumbai Metropolitan Region	44	42	215.9	26	582.3
15	United States	Dallas- Forth Worth Area	38	26	144.4	22	823.2
16	United States	Chicago Greater Area	37	18	66.7	37	1158.3
17	Taiwan	Taipei Metrolitan Area	33	30	76.7	32	313
18	Switzerland	Zurich Greater	32	24	108.2	21	438.8
18	United States	Boston Greater	32	20	71.5	21	801.5
18	United States	Miami Metropolitain Area	32	38	142.4	11	234.8
21	Canada	Toronto Greater Area	30	13	69.5	26	619.5
21	Singapore	Singapore	30	31	147.1	12	176.5
23	Sweden	Stockholm	28	16	83.3	22	373.2
23	Thailand	Bangkok	28	31	97.7	15	174.4
23	United States	Atlanta Metropolitan Area	28	13	56.6	16	786.8
26	United States	Washington MSA	27	13	69.3	20	546.2
27	China	Wuhan Yangtze River Midstream Megalopolis	25	20	68.3	20	181.1
27	Japan	Osaka-Kobe-Kyoto Metropolitan Area	25	2	31.3	33	557.5
27	United States	Houston	25	16	55	20	343.1
30	Australia	Sydney	24	14	62	18	298.9
30	Brazil	Sao Paulo	24	26	87.1	9	139.8
30	Germany	Rhine-Ruhr metropolitan region	24	10	90	15	323.8
33	United States	Omaha	23	3	93.8	3	585
34	Germany	Munich	22	14	68.4	10	281.1
34	Mexico	Mexico City	22	14	126.2	7	86.1
34	United States	Bentonville	22	2	140.2	1	344.4
37	China	Chengyu Megalopolis	21	17	87.9	7	126.2
37	United States	Philadelphia	21	8	25.2	18	403.6
39	Canada	Montreal	20	13	34.3	13	240.5
39	Italy	Milan	20	18	85.7	9	58
41	Australia	Melbourne	19	10	32	10	361.6
41	Ireland	Dublin	19	4	10.4	17	590.2
41	Spain	Madrid	19	13	26.9	15	208
44	Israel	Tel Aviv	18	18	45.4	12	62.4
44	Saudi Arabia	Damman	18	0	0	1	1684.8
44	Switzerland	Basel	18	6	20.4	5	529.6
44	United States	Denver	18	7	36.7	12	212.9
44	United States	Detroit	17	6	53.4	9	117.8
49	Austria	Vienna	16	6	29.1	8	216.7
49	China	Lianyungang	16	5	51.5	2	91
49	China	Xiamen-Quanzhou Area	16	17	52.9	5	40
49	Germany	Frankfurt	16	5	54.9	7	128.6
49	Malaysia	Kuala Lumpur	16	10	43.4	10	91.3
49	Netherlands	Amsterdam	16	8	18.5	12	205.9
49	Philippines	Manila	16	15	43.1	7	48.6
49	United States	Phoenix	16	11	43.9	7	86.9
56	China	Zhengzhou Central Plain Megalopolis	15	12	47	5	54.4
56	Germany	Mannheim	15	5	40	3	198.8
56	Spain	La Coruna	15	2	83.8	1	79.3
56	Switzerland	Geneva	15	11	33.4	4	103.2
56	Turkey	Istanbul	15	19	30.8	8	24.3
56	United States	Austin	15	9	63.6	2	56.8
56	United States	Las Vegas	15	8	56.9	5	69
56	United States	Minneapolis	15	1	2	11	648.2
56	United States	Portland	15	4	59.3	1	135.6
65	Belgium	Brussels	14	2	28	8	171.3
65	China	Jinan Shandong Peninsula Megalopolis	14	7	22	10	95.4
65	United States	Indianapolis	14	3	16.4	7	283.4
68	Brazil	Rio de Janeiro	13	11	19.9	4	99.7
68	Finland	Helsinki	13	6	16	9	147.2
68	India	Bangalore	13	11	31.4	4	59.1
68	Indonesia	Jakarta	13	11	24.4	4	84.4
68	Monaco	Monaco	13	13	52.4	1	10.7
68	United States	Nashville	13	5	24.8	5	156.1
74	Australia	Perth	12	4	37.5	3	66.1
74	Denmark	Copenhagen	12	2	9.2	7	247.5
74	India	Ahmedabad	12	8	49.3	2	9.5
74	United Arab Emirates	Dubai	12	10	23.8	5	43.9
74	United States	Saint Louis	12	6	19.3	6	108.9
74	United States	San Diego	12	4	10.5	5	221.3
81	Canada	Vancouver	11	5	19.9	4	71.7
81	Chile	Santiago	11	7	30.4	6	23.4
81	China	Ningde	11	3	35.8	1	44.6
81	Czech Republic	Prague	11	8	40.3	1	10
81	Germany	Hamburg	11	9	34.9	1	23.7
81	Italy	Rome	11	3	6.3	7	152.7
81	Japan	Nagoya	11	0	0	12	287
81	Norway	Oslo	11	7	15.2	6	66.9
81	Saudi Arabia	Riyadh	11	1	1.3	12	256.4
81	United States	Cleveland	11	4	4.4	8	182.1
81	United States	Jackson	11	4	56.6	1	16.3
81	United States	Milwaukee	11	3	11.7	5	127.5
81	United States	Tampa	11	8	18.8	4	54.1
94	Germany	Berlin	10	7	20.2	3	43.3
94	Taiwan	Hsinchu	10	1	2.2	2	287.6
94	United States	Charlotte	10	0	0	6	382.1
94	United States	Cincinnati	10	0	0	7	371.8
98	Canada	Calgary	9	0	0	11	222.4
98	China	Shenyang Mid-Southern Liaoning Megalopolis	9	5	13.7	5	38
98	Germany	Nuremberg	9	3	18.9	3	49.4
98	Germany	Stuttgart	9	5	11.4	3	54.1
98	India	Pune	9	4	20.6	3	27.9
98	South Africa	Cape Town	9	3	10.5	2	74.5
98	South Africa	Johannesburg	9	2	10.2	9	40.7
98	Spain	Barcelona	9	5	6.6	5	61.5
98	Switzerland	Lucerne	9	6	19.9	2	27.3
98	United States	Columbus	9	1	5.4	7	115.5
98	United States	Oklahoma City	9	4	24.1	3	21
98	United States	Raleigh	9	4	16.9	3	43
98	United States	Wichita	9	1	44.9	1	2.3
111	Argentina	Buenos Aires	8	5	14.5	2	31.7
111	Canada	Ottawa	8	2	9.8	1	73.7
111	China	Xi'an Guanzhong Plain Megalopolis	8	3	11.5	4	31.4
111	Colombia	Bogota	8	2	10.9	4	32.7
111	India	Kolkata	8	4	11.2	2	42.1
111	Indonesia	Kudus	8	2	38.1	0	0
111	Netherlands	Eindhoven	8	1	2	2	152.3
111	Switzerland	Vevey	8	0	0	1	304.1
111	United Arab Emirates	Abu Dhabi	8	2	5.8	4	83.1
111	United States	Baltimore	8	3	11.9	2	47.1
111	United States	Memphis	8	1	6.3	5	86
111	United States	Naples	8	6	27.6	1	0
111	United States	Richmond	8	0	0	7	182.6
111	Vietnam	Hanoi	8	3	9.9	4	33.4
126	China	Renhuai	7	0	0	1	225.5
126	China	Wenzhou	7	7	17.1	0	0
126	Denmark	Billund	7	4	26.8	0	0
126	Egypt	Cairo	7	5	18.1	1	6
126	France	Laval	7	3	29.7	0	0
126	Germany	Bielefeld	7	7	17.5	0	0
126	Germany	Neckarsulm	7	1	35.7	0	0
126	India	New Delhi	7	0	0	9	105.4
126	Italy	Venice	7	7	19.4	0	0
126	Nigeria	Lagos	7	3	21.3	1	1.2
126	Poland	Warsaw	7	3	7.2	5	23.3
126	Qatar	Doha	7	1	1.5	6	83.4
126	Taiwan	Taichung	7	4	6	3	27.9
126	United States	Hartford	7	0	0	6	166.2
126	United States	Kansas City	7	1	4.4	4	53.6
126	United States	Norfolk	7	1	3.9	3	70.5
126	United States	Pittsburgh	7	0	0	8	118.1
126	United States	Tulsa	7	2	8.6	3	39.5
144	Austria	Salzburg	6	1	27.6	0	0
144	China	Harbin-Changchun Megalopolis	6	2	3.5	4	42.5
144	China	Yinchuan	6	2	12.2	1	8.8
144	Denmark	Aarhus	6	1	11	1	16.8
144	France	Lyon	6	3	12.3	1	6
144	India	Hyderabad	6	6	15.8	0	0
144	Japan	Kyoto	6	2	12	2	10
144	Netherlands	Rotterdam	6	0	0	2	138
144	Netherlands	The Hague	6	0	0	3	141.5
144	Peru	Lima	6	4	8.2	2	16.1
144	Sweden	Gothenberg	6	4	15.9	0	0
144	Switzerland	Gstaad	6	3	18.2	0	0
144	United Kingdom	Stoke-on-Trent	6	3	17.3	0	0
144	United States	Allentown	6	1	1.9	2	69.3
144	United States	Jacksonville	6	0	0	3	139.6
144	United States	Louisville	6	1	1	3	106.2
144	United States	Salt Lake City	6	4	5.4	3	20.3
144	United States	San Antonio	6	3	4.7	3	30.3
162	Australia	Brisbane	5	4	6.7	1	7.6
162	Bermuda	Hamilton	5	0	0	6	51.2
162	China	Kunming	5	2	6.3	1	16.4
162	China	Suqian	5	2	3.5	1	21
162	China	Tonghua	5	2	15.8	0	0
162	Germany	Kuenzelsau	5	1	20	0	0
162	Germany	Melsungen	5	7	8.3	0	0
162	Kazakhstan	Almaty	5	3	10	1	2.6
162	Kuwait	Kuwait City	5	1	1.3	3	38.3
162	Luxembourg	Luxembourg City	5	0	0	6	42.5
162	Morocco	Casablanca	5	2	4.8	2	11.3
162	New Zealand	Auckland	5	2	13.9	0	0
162	Russia	Magnitogorsk	5	1	8.9	1	6.1
162	Russia	St. Petersburg	5	3	4.8	2	15.8
162	Russia	Yekaterinburg	5	3	12.7	0	0
162	Spain	Valencia	5	3	9.3	1	3.1
162	Switzerland	Lausanne	5	1	7.8	1	7.6
162	Switzerland	St. Gallen	5	1	8.6	1	4.5
162	United States	Columbia	5	2	17.7	0	0
162	United States	Des Moines	5	1	5.4	2	11.9
162	United States	Eau Claire	5	1	14.2	0	0
162	United States	Fayetteville	5	1	3.5	2	33
162	United States	Honolulu	5	1	19.2	0	0
162	United States	Madison	5	1	5.5	1	11.9
162	United States	Springfield	5	1	4.1	1	28.7
187	Australia	Scone	4	1	8.2	0	0
187	Bahamas	Nassau	4	2	6.7	0	0
187	Brazil	Fortaleza	4	3	7.2	0	0
187	Canada	Saint John	4	2	9.5	0	0
187	Cayman Islands	George Town	4	2	6.6	1	2.2
187	China	Shantou	4	3	8.4	0	0
187	China	Urumqi	4	2	4.2	2	7.8
187	Germany	Bruchsal	4	2	8.9	0	0
187	Germany	Haiger	4	1	8.9	0	0
187	Germany	Karlsruhe	4	1	4.1	1	14.7
187	Germany	Thurgau	4	1	8.4	0	0
187	Germany	Ulm	4	2	9.1	0	0
187	Germany	Wolfsburg	4	0	0	1	70.4
187	Greece	Athens	4	1	1.2	5	3.8
187	Hungary	Budapest	4	2	2.4	2	12.3
187	India	Chennai	4	4	6.3	1	0
187	Japan	Fukuoka	4	1	3.3	3	6.6
187	Mexico	Monterrey	4	0	0	5	43.6
187	Norway	Stavanger	4	0	0	1	46.4
187	Portugal	Lisbon	4	0	0	3	35.5
187	Russia	Kazan	4	4	5.6	0	0
187	Russia	Krasnodar	4	1	3.5	1	5.1
187	Russia	Surgut	4	1	1.9	1	17.9
187	Spain	Bilbao	4	0	0	1	62.5
187	Sweden	Gotenborg	4	0	0	3	40.7
187	Switzerland	Lugano	4	3	10.3	0	0
187	Switzerland	Zermatt	4	1	13.3	0	0
187	Taiwan	Kaohsiung City	4	0	0	3	38.8
187	Turkey	Ankara	4	3	6.3	0	0
187	Ukraine	Kiev	4	5	6.4	0	0
187	United Kingdom	Bristol	4	1	3.5	1	20
187	United Kingdom	Gloucestershire	4	2	11.4	0	0
187	United Kingdom	Newmarket	4	1	13.2	0	0
187	United States	Afton	4	1	8	0	0
187	United States	Birmingham	4	0	0	3	34.3
187	United States	Boise	4	0	0	2	62.3
187	United States	Buffalo	4	1	2.6	1	14.6
187	United States	Grand Rapids	4	1	10.2	0	0
187	United States	Incline Village	4	1	12.5	0	0
187	United States	Kalamazoo	4	0	0	1	69.9
187	United States	Kohler	4	1	8.3	0	0
187	United States	Missoula	4	2	8.3	0	0
187	United States	New Orleans	4	1	3.3	1	19.2
187	United States	Rochester	4	0	0	2	56
187	United States	Santa Barbara	4	2	11.4	0	0
187	United States	Winston-Salem	4	0	0	1	50.3

Billionaire Residents

Most of the data was taken from the Forbes List of World’s Billionaires.

http://www.forbes.com/billionaires/

Global Public Companies

Forbes World’s Biggest Public Companies

http://www.forbes.com/global2000/

The Economic Power Index is provided by Stephane Tajick Consulting.

Methodology

All information is expressed in USD.

Cities have been regrouped into major metropolitan or economic areas e.g. San Jose was counted into San Francisco Bay Area. They respect the geographic and administrative definition given by their government.

Billionaire Residents and Wealth

The data has been taken from Forbes. The individuals having more than one place of residence were attributed to the most likely city in which they would reside and conduct business. Missing data regarding the city of residence was researched individually.

Global 2000 Public Companies

The data was taken exclusively from Forbes. Missing data regarding the location of the headquarters was researched individually.