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Delhi ranked 6th best performing metropolitan economies in the world

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Delhi may be one of the worst polluted cities in the world, but the metropolitan city surely isn’t behind when it comes to economic performance. The megacity has been ranked on the sixth place in terms of best performing metropolitan economies in the world. The five metro cities that have been ranked above Delhi in the 2018 edition of Global Metro Monitor report are Dublin, San Jose, Chengdu, San Francisco and Beijing.

Meanwhile, the economy of the national capital has continued to grow at constantly higher rates for the past four years. During 2018-19, it is estimated to have grown at 8.6%, a growth of 12.9% at current prices over the preceding year, says the survey. It’s the third consecutive year for the state economy to have witnessed a constant growth – from 7.5% in 2016-17 to 8.5% in 2017-18.

 

Other Indian metropolitan cities that have been able to secure the place in top 100 metro cities include Hyderabad (ranked 14), Surat (19), Mumbai (23), Bangaluru (46), Kolkata (59), Ahmedabad (86), and Pune (88). This year’s sample comprised 300 largest metropolitan economies in the world, based on the size of their economies in 2016 at Purchasing Power Parity (PPP) rates.

 

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