Miami is a major center of commerce,
finance, and boasts a strong international business community. According to the
ranking of world cities undertaken by the Globalization and World Cities Study
Group & Network (GaWC) in 2010 and based on the level of presence of global
corporate service organizations, Miami is considered a "Alpha minus world
city". Miami has a Gross Metropolitan Product of $257 billion and is
ranked 20th worldwide in GMP, and 11th in the United States.
Several large companies are headquartered
in or around Miami.