Geneva is the second most populous city in Switzerland (after Zürich) and is the most populous city of Romandy, the French-speaking part of Switzerland. Situated where the Rhône exits Lake Geneva, it is the capital of the Republic and Canton of Geneva.
The municipality (ville de Genève) has a population (as of December 2015) of 198,072, and the canton (which is essentially the city and its inner-ring suburbs) has 484,736 residents. In 2014, the compact agglomération du Grand Genève had 946,000 inhabitants in 212 communities in both Switzerland and France. Within Swiss territory, the commuter area named "Métropole lémanique" contains a population of 1.25 million. This area is essentially spread east from Geneva towards the Riviera area (Vevey, Montreux) and north-east towards Yverdon-les-Bains, in the neighbouring canton of Vaud.
Geneva is a global city, a financial center, and worldwide center for diplomacy due to the presence of numerous international organizations, including the headquarters of many of the agencies of the United Nations and the Red Cross. Geneva is the city that hosts the highest number of international organizations in the world. It is also the place where the Geneva Conventions were signed, which chiefly concern the treatment of wartime non-combatants and prisoners of war.
Geneva was previously ranked as the world's ninth most important financial centre for competitiveness by the Global Financial Centres Index, third in Europe behind London and Zürich, but has since dropped out of the top ten global centres. A 2009 survey by Mercer found that Geneva has the third-highest quality of life of any city in the world (behind Vienna and Zürich for expatriates; it is narrowly outranked by Zürich). The city has been referred to as the world's most compact metropolis and the "Peace Capital". In 2009 and 2011, Geneva was ranked as, respectively, the fourth and fifth most expensive city in the world.