Where Are the Fastest Growing Cities in the World?

iStock/Thinkstock

Where are the fastest growing cities in the world?

The top 50 fastest-growing cities, by GDP per capita, are practically all in the developing Asian world. The top 18 are in China. The rest are in China, Indonesia (Jakarta), India (Chennai), and Australia (Perth).

Where are the fastest shrinking cities in the world?

Of the world's fastest-shrinking cities, 42 of the bottom 50 were in the EU. The others included Dubai, Adelaide, Australia, and Albuquerque.

What does it mean?

Consider taking more of your business into Asia in 2013.  If you are currently doing business in Athens, Lisbon, Florence and Valencia, expect a sales and profitability drop at some point.

Read the entire article here.

Related:  Global MetroMonitor 2012