Global Financial Centres Index

Ranking

Rank	Change	Centre	Rating	Change
1		New York City	769	21
2		London	742	31
3	3	Tokyo	741	16
4	1	Shanghai	740	21
5	1		738	24
6	3		737	34
7		Beijing	734	14
8	4	San Francisco	732	4
9	17	Geneva	729	23
10	3	Los Angeles	723	12
11	2	Shenzhen	722	17
12	4	Dubai	721	19
13	2	Frankfurt	720	13
14		Zurich	719	15
15	2	Paris	718	10
16		Chicago	717	15
17	12	Edinburgh	716	15
18	7	Luxembourg	715	7
19	4	Guangzhou	714	3
20	10	Sydney	713	25
21	2	Melbourne	712	8
22	2	Vancouver	711	1
23	12	Toronto	710	27
24	4	Washington, D.C.	709	7
25	7	Boston	708	19
26	6	Montreal	704	12
27	10	Amsterdam	703	28
28	18	Stockholm	702	43
29	20	Hamburg	699	49
30	8	Dublin	698	24
31		Wellington	697	4
32	10	Stuttgart	696	33
33	3	Seoul	694	17
34	22	Brussels	691	53
35	32	Copenhagen	689	66
36	14	Tel Aviv	688	25
37	15	Munich	687	42
38	16	Vienna	685	45
39	7	Abu Dhabi	682	8
40	17	Calgary	681	44
41	20	Casablanca	680	34
42	6	Milan	679	24
43	1	Madrid	678	17
44	1	Kuala Lumpur	677	17
45	27	Mumbai	672	63
46	12	Prague	671	35
47	17		670	29
48	9	Doha	669	3
49	10		666	31
50	14	Warsaw	665	39
51	8	Busan	664	2
52	24	Tallinn	663	58
53	16	Rome	662	48
54	7		661	30

Rank	Change	Centre	Rating	Change
55	43	Almaty	660	112
56	9		659	1
57	37	Baku	658	74
58	8	Bangkok	657	8
59	32	Osaka	656	49
60	15		655	49
61	1	Oslo	654	21
62	22	Sofia	653	59
63	28		652	28
64	24		651	20
65	5	Glasgow	650	37
66	NR	Vilnius	649	NR
67	16		648	53
68		Helsinki	647	25
69	21	New Delhi	646	58
70	15	Riga	645	52
71		Moscow	644	44
72	21	Nur-Sultan	643	5
73	19		642	56
74	1	Chengdu	641	33
75	41	Taipei	640	47
76	21	Lisbon	639
77	12		638	49
78	16	Mexico City	637	7
79	26	Istanbul	636	5
80	17	Cape Town	635	6
81	NR	San Diego	634	NR
82	16	GIFT City-Gujarat	633	9
83	1	São Paulo	632	36
84	6	Budapest	628	25
85	4	Johannesburg	627	27
86	45		626	43
87	1	Nairobi	625	35
88	8	Riyadh	624	60
89	2	Rio de Janeiro	622	31
90	13		621	17
91	26	Kuwait City	620	5
92	1	Reykjavik	618	33
93	2	Jakarta	617	30
94	8		616	24
95	NR	Tehran	615	NR
96	4	Athens	614	75
97	18	Saint Petersburg	613	11
98	6	Hangzhou	612	153
99	66	Qingdao	610	78
100	2	Tianjin	609	81
101	2	Nanjing	608	101
102	1	Dalian	607	78
103	6	Manila	606	57
104	5	Santiago	603	63
105	31		599	8
106	26	Buenos Aires	592	9
107	12		588	11
108	NR		583	NR

Financial centre profiles

Level	Broad & deep Global Leaders	Relatively broad Global Diversified	Relatively deep Global Specialists	Emerging Global Contenders
Global	Beijing Chicago Dubai London Los Angeles New York City Shanghai Tokyo Washington, D.C. Zürich	Amsterdam Boston Dublin Frankfurt Moscow Paris Seoul	Chengdu Guangzhou Qingdao	Abu Dhabi Dalian Shenzhen
Level	Broad & deep Established International	Relatively broad International Diversified	Relatively deep International Specialists	Emerging International Contenders
International	Athens Edinburgh Hamburg Kuala Lumpur Lisbon Melbourne Montreal Munich San Francisco Stuttgart Tel Aviv	Bangkok Brussels Copenhagen Geneva Istanbul Madrid Milan Rome Stockholm Sydney Toronto Vienna	Almaty Buenos Aires Busan Casablanca Doha Nanjing Taipei Tallinn Vilnius	GIFT City-Gujarat Hangzhou Luxembourg Mumbai New Delhi Nur-Sultan Tianjin
Level	Broad & deep Established Players	Relatively broad Local Diversified	Relatively deep Local Specialists	Emerging Evolving Centres
Local	Budapest Calgary Glasgow Helsinki Osaka Oslo Prague San Diego Santiago Vancouver Wellington	Johannesburg Mexico City São Paulo Warsaw	Baku Jakarta Kuwait City Manila Nairobi Reykjavik Riga Riyadh Saint Petersburg Sofia Tehran	Cape Town Rio de Janeiro

Top 15 Centres by Area of Competitiveness

Level	Business Environment	Human Capital	Infrastructure	Financial Sector Development	Reputational and General
1	New York City	New York City	New York City	New York City	New York City
2	London	London	London	London	London
3	Hong Kong	Hong Kong	Singapore	Singapore	Singapore
4	Singapore	Luxembourg	Tokyo	Zürich	Hong Kong
5	Frankfurt	Singapore	Hong Kong	Frankfurt	Oslo
6	Zürich	Shanghai	Geneva	Hong Kong	Tokyo
7	Chicago	Beijing	Zürich	Geneva	Paris
8	Geneva	Paris	Stockholm	Amsterdam	Dublin
9	Toronto	Chicago	Shanghai	Shanghai	Shanghai
10	Montréal	Dubai	San Francisco	Tokyo	Beijing
11	Oslo	Tokyo	Beijing	San Francisco	Zürich
12	Edinburgh	Brussels	Dubai	Paris	Amsterdam
13	Copenhagen	San Francisco	Paris	Dubai	Frankfurt
14	Amsterdam	Frankfurt	Sydney	Luxembourg	Edinburgh
15	Dublin	Los Angeles	Vancouver	Copenhagen	Sydney

Top 15 Centres by Industry Sector

Level	Banking	Investment Management	Insurance	Professional Services	Government and Regulatory Sectors
1	New York City	New York City	Luxembourg	New York City	New York City
2	Shanghai	Shanghai	New York City	London	London
3	London	Singapore	London	Hong Kong	Luxembourg
4	Hong Kong	London	Singapore	Dubai	Hong Kong
5	Tokyo	Hong Kong	Zürich	Singapore	Singapore
6	Singapore	Beijing	Geneva	Shanghai	Shanghai
7	Beijing	Frankfurt	Frankfurt	Toronto	Tokyo
8	San Francisco	Toronto	Hong Kong	Geneva	Zürich
9	Geneva	San Francisco	Abu Dhabi	Frankfurt	Frankfurt
10	Shenzhen	Boston	Shanghai	Beijing	Los Angeles
11	Sydney	Dubai	Los Angeles	Zürich	Tel Aviv
12	Melbourne	Tokyo	Toronto	Tokyo	Beijing
13	Frankfurt	Luxembourg	Chicago	Tel Aviv	San Francisco
14	Paris	Shenzhen	Beijing	Sydney	Vilnius
15	Guangzhou	Zürich	Dubai	San Francisco	Geneva

Key areas

Industry sectors