Valencia (Spanish pronunciation: [baˈlensja]) is the capital city of Carabobo State and the third-largest city in Venezuela. The city is an economic hub that contains Venezuela's top industries and manufacturing companies. It is also the largest city in the Valencia-Maracay metropolitan region, which with a population of about 4.5 million is the country's second largest after that of Caracas. Caracas lies some 172 kilometres (107 miles) away to the east.