The wealth of a city is harder to define, but the most common measure is the size the economy and the average income of the residents, both measured by gross domestic product (GDP) or purchasing power parity (PPP). By either measure of population, Seoul ranks very high among the cities of the world.Īnother way to rank cities is by their wealth. The Seoul metropolitan area, or the so-called capital region, which includes Incheon and Gyeonggi Province, has 24,500,000 people, making it the second largest metropolitan area in the world after Tokyo, which has an astounding 35,670,000. The city of Seoul has 10,460,000 people, and ranks eighth in the world. The most common rank of a city is by population. The positive press that Seoul received raises the broader question of where the city stands among other major cities of the world, most of which are more famous and more accustomed to global attention. Suddenly, it seemed, Seoul became a city with great food and coffee, a lively arts scene and youth culture, cutting-edge IT and design, all tied together by a clean and safe subway. The summit stirred a number of articles introducing Seoul and lauding the city’s efficient and cool handling of it. For a few days, the city was the center of world politics as leaders of the 20 most important economies in the world converged. The recent G20 Seoul Summit focused world attention on Seoul.
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