Archive · 26 Dec 2025
World's 9 Fastest-Growing Cities in 2024
The 2024 Savills Growth Hubs Index has identified the world's 9 fastest-growing cities.
These cities were chosen based on their economy, population, and wealth.
Bengaluru in India is the fastest-growing city, known for its tech industry and high GDP.
Other cities on the list include Ho Chi Minh City in Vietnam, New Delhi, Hyderabad, and Mumbai in India, Shenzhen, Guangzhou, and Suzhou in China, and Riyadh in Saudi Arabia.
These cities are growing because of their strong economies, innovation, and infrastructure.
By 2050, the UN predicts that nearly 7 out of 10 people will live in cities, which is about 2.5 billion more people than today.
Bengaluru is the world's fastest-growing city with a GDP of nearly $360 billion in 2023.
Ho Chi Minh City ranks second with a GDP of around $121 billion and a per capita GRDP of $9,600 in 2023.
New Delhi, Hyderabad, and Mumbai are among the top fastest-growing cities in India.
Shenzhen, Guangzhou, and Suzhou are the top fastest-growing cities in China, known for their strong economies and innovation.
Riyadh is the top fastest-growing city in the Middle East, driven by its Vision 2030 plan.
- Who
- The 2024 Savills Growth Hubs Index
- What
- Identified the world's 9 fastest-growing cities
- When
- Report published in 2024, with data up to 2023
- Where
- Global cities, with a focus on Asia
- Why
- To analyze economic, population, and wealth growth trends by 2033
- Report
- 2024 Savills Growth Hubs Index
- Cities Analyzed
- 230
- Current Urban Population
- 55%
- Projected Urban Population by 2050
- 70%
- Additional Urban Dwellers by 2050
- 2.5 billion
- Top Indian City
- Bengaluru
- Top Chinese City
- Shenzhen
- Top Middle Eastern City
- Riyadh
- Bengaluru GDP (2023)
- $360 billion
- Ho Chi Minh City GDP (2023)
- $121 billion
- Ho Chi Minh City Per Capita GRDP (2023)
- $9,600
- Shenzhen Economy (2022)
- 3.24 trillion RMB
- Shenzhen Population (2020)
- 17.5 million