Miami City Review - New Study Released
In 2012, Miami registered the third largest share of GVA derived from services among world's major cities, with commerce accounting for 30% of Miami's GVA. Miami's economy is greatly shaped by the area's attractiveness to tourists and its role as a gateway to Latin America. The city was home to 5.7 million people, including one of the largest Hispanic populations in the US. The city has been dubbed a Latin American capital, creating GDP worth over US$278 billion in 2012.
View full press release