Jakarta, officially the Special Capital Region of Jakarta, is the capital and most populous city of Indonesia. Located on the northwest coast of the world's most populous island of Java, the city is the center of economics, culture and politics of Indonesia, with a population of 10,075,310 as of 2014. Greater Jakarta metropolitan area, which is known as Jabodetabek (a name formed by combining the initial syllables of Jakarta, Bogor, Depok, Tangerang and Bekasi), is the second largest urban agglomeration in the world, with population of 30,214,303 inhabitants as of 2010 census. Jakarta's business opportunities, as well as its potential to offer a higher standard of living, attract migrants from all over Indonesian archipelago, making the city a melting pot of many communities and cultures.
Established in the fourth century as Sunda Kelapa, the city became an important trading port for the Kingdom of Sunda. It was the de facto capital of the Dutch East Indies, which was known as Batavia at that time. The city is currently the seat of the ASEAN Secretariat as well as important financial institutions such as the Bank of Indonesia, the Indonesia Stock Exchange, and the corporate headquarters of numerous Indonesian companies and multinational corporations. As of 2017, six of Forbes Global 2000 companies have headquarter in the city. The city is also home for two of Fortune 500 companies in 2016.
Jakarta is listed as an Alpha Global City in the 2016 report of Globalization and World Cities Research Network (GaWC). Based on the global metro monitor by the Brookings Institution, in 2014, GDP of Jakarta was estimated US$321.3 billion and economic growth was ranked 34th among the world's 200 largest cities. Jakarta has grown more rapidly than Kuala Lumpur, Beijing, and Bangkok.