São Paulo, Brazil's financial center, is among the most populous cities in the world, with diverse cultural institutions and a rich architectural tradition.
It is the most populous city in Brazil, the American continent, the Portuguese-speaking world and the entire southern hemisphere. São Paulo is the most influential Brazilian city on the global stage, receives the alpha global city classification.
The metropolis has the 23rd largest GDP in the world, representing, separately, 11% of all Brazilian GDP, 34% of the state's GDP, as well as 36% of all its production of goods and services, in addition to being the seat of 63% of the multinationals established in Brazil, being responsible for 28% of all national scientific production in 2005, and for more than 40% of the patents produced in the country.
São Paulo is also home to B3 (acronym for Brasil, Bolsa, Balcão), the 5th largest stock exchange in the world by market capitalization.
It also concentrates many of the tallest buildings in Brazil, such as the Mirante do Vale, Itália, Altino Arantes, Torre Norte buildings, among others.
It is the 8th most populous city on the planet and its metropolitan area, with around 21 million inhabitants, is the 10th largest urban agglomeration in the world. The capital of São Paulo also has a cosmopolitan character, given that, in 2016, it had native residents from 196 different countries.
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Apr 14, 2023
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