5 Fastest Growing Cities in the World Economically

In this article, we will be taking a look at the 5 fastest growing cities in the world economically. If you want to read our detailed analysis of emerging economies you can move directly to the 15 Fastest Growing Cities in the World Economically.

5. Lubumbashi, Democratic Republic of the Congo

Compound Growth Rate: 27.62%

Based on our methodology, Lubumbashi is ranked among the fastest growing cities in the world economically. The city is one of the most populous cities in the Democratic Republic of the Congo and is the mining capital of the country.

4. Kozhikode (Calicut), India

Compound Growth Rate: 27.65%

Kozhikode (Calicut) is the 4th fastest growing city in economic terms. The city is known to have the largest timber and roof tiles manufacturing units, boasting strong trading ties in this domain. The city is forecasted to have a population of almost 4.9 million by 2030.

3. Kinshasa, Democratic Republic of the Congo

Compound Growth Rate: 28.07%

Based on our methodology, Kinshasa is ranked among the fastest growing cities in the world economically. The city is one of the most populous cities in the Democratic Republic of the Congo and is a hub for entrepreneurship and education.

2. Mbuji-Mayi, Democratic Republic of the Congo

Compound Growth Rate: 29.24%

Mbuji-Mayi is the 4th fastest growing city in economic terms. The city is famous for its diamond mining and production facilities. The city is forecasted to have a population of almost 3.9 million by 2030.

1. Malappuram, India

Compound Growth Rate: 33.16%

Malappuram is ranked as the fastest growing city in the world in economic terms. The city not only boasts a high forecasted population growth rate but it is also expected to experience the highest economic growth by the year 2030. The city is home to some of the finest education institutes in the country and is known for its natural beauty. The city is forecasted to have a population of almost 4.9 million by 2030.

You can also check out 15 Best Places to Retire in Philippines and Top 20 Beer Exporting Countries in the World