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Singapore held onto its third-place ranking globally, after London and New York, in the latest study of the world’s leading international financial centers by the CEOWORLD magazine. Hong Kong was fourth in the latest International Financial Centers Ranking and Amsterdam fifth. Zurich was 6th, with Tokyo, Paris, Luxembourg, and Munich rounding out the top 10. What are the factors that separate mere bustling metropolises from international financial centers?
The ranking is based on a global online survey of 228,536 financial professionals, who evaluated 250 cities on 100 factors in 7 broad areas of competitiveness, including business environment; size & volume of financial activities; capital market size; human capital availability; a base for business; reputation; and international wealth management. London held on to the top stop with 960 points, while New York dropped 3 points to 957, just one point ahead of Singapore. The index, published by the CEOWORLD magazine, will relieve London after it lost access to the European Union financial market when Britain completed its journey out of the bloc’s orbit. The data was based on responses up until the end of July 2022.
International Financial Centers Ranking, 2022
| Rank | City | Country or Territory | Rating |
|---|---|---|---|
| 1 | London | United Kingdom | 960 |
| 2 | New York | United States | 957 |
| 3 | Singapore | Singapore | 956 |
| 4 | Hong Kong | Hong Kong | 948 |
| 5 | Amsterdam | Netherlands | 947 |
| 6 | Zurich | Switzerland | 944 |
| 7 | Tokyo | Japan | 941 |
| 8 | Paris | France | 935 |
| 9 | Luxembourg | Luxembourg | 932 |
| 10 | Munich | Germany | 929 |
| 11 | Los Angeles | United States | 923 |
| 12 | Dubai | United Arab Emirates | 922 |
| 13 | San Francisco | United States | 920 |
| 14 | Frankfurt | Germany | 918 |
| 15 | Beijing | China | 915 |
| 16 | Stockholm | Sweden | 914 |
| 17 | Geneva | Switzerland | 911 |
| 18 | Brussels | Belgium | 910 |
| 19 | Boston | United States | 908 |
| 20 | Abu Dhabi | United Arab Emirates | 905 |
| 21 | Madrid | Spain | 904 |
| 22 | Chicago | United States | 900 |
| 23 | Seoul | South Korea | 898 |
| 24 | Shenzhen | China | 897 |
| 25 | Washington DC | United States | 896 |
| 26 | Edinburgh | United Kingdom | 884 |
| 27 | Toronto | Canada | 883 |
| 28 | Sydney | Australia | 882 |
| 29 | Guangzhou | China | 880 |
| 30 | Montreal | Canada | 879 |
| 31 | Copenhagen | Denmark | 877 |
| 32 | Oslo | Norway | 873 |
| 33 | Milan | Italy | 871 |
| 34 | Berlin | Italy | 869 |
| 35 | Dublin | Ireland | 868 |
| 36 | Rome | Italy | 867 |
| 37 | Wellington | New Zealand | 852 |
| 38 | Vienna | Austria | 851 |
| 39 | Calgary | Canada | 850 |
| 40 | Kuala Lumpur | Malaysia | 849 |
| 41 | Moscow | Russia | 845 |
| 42 | Glasgow | United Kingdom | 844 |
| 43 | Melbourne | Australia | 843 |
| 44 | Busan | South Korea | 842 |
| 45 | Lisbon | Portugal | 836 |
| 46 | Chengdu | China | 830 |
| 47 | Vancouver | Canada | 827 |
| 48 | Helsinki | Finland | 822 |
| 49 | Mumbai | India | 821 |
| 50 | Hamburg | Germany | 814 |
| 51 | Osaka | Japan | 812 |
| 52 | Casablanca | Morocco | 806 |
| 53 | Cape Town | South Africa | 802 |
| 54 | Johannesburg | South Africa | 800 |
| 55 | Tel Aviv | Israel | 799 |
| 56 | New Delhi | India | 798 |
| 57 | Warsaw | Poland | 790 |
| 58 | Mexico City | Mexico | 789 |
| 59 | Bangkok | Thailand | 788 |
| 60 | Stuttgart | Germany | 785 |
| 61 | Rio de Janeiro | Brazil | 780 |
| 62 | Lugano | Switzerland | 778 |
| 63 | Sao Paulo | Brazil | 777 |
| 64 | Nur-Sultan (Astana) | Kazakhstan | 775 |
| 65 | Cyprus | Cyprus | 774 |
| 66 | Atlanta | United States | 773 |
| 67 | Istanbul | Turkey | 769 |
| 68 | Doha | Qatar | 767 |
| 69 | Taipei | Taiwan | 766 |
| 70 | Athens | Greece | 765 |
| 71 | Jersey | Jersey | 761 |
| 72 | Prague | Czech Republic | 759 |
| 73 | Jakarta | Indonesia | 758 |
| 74 | Almaty | Kazakhstan | 755 |
| 75 | Cayman Islands | Cayman Islands | 754 |
| 76 | Liechtenstein | Liechtenstein | 753 |
| 77 | Riyadh | Saudi Arabia | 752 |
| 78 | Mauritius | Mauritius | 745 |
| 79 | Santiago | Chile | 742 |
| 80 | Monaco | Monaco | 739 |
| 81 | Bogota | Colombia | 738 |
| 82 | Guernsey | Guernsey | 735 |
| 83 | San Diego | United States | 733 |
| 84 | Bahrain | Bahrain | 725 |
| 85 | Isle of Man | Isle of Man | 722 |
| 86 | Malta | Malta | 720 |
| 87 | Budapest | Hungary | 719 |
| 88 | British Virgin Islands | British Virgin Islands | 718 |
| 89 | Ho Chi Minh City | Vietnam | 710 |
| 90 | Tallinn | Estonia | 705 |
| 91 | Tianjin | China | 704 |
| 92 | Trinidad and Tobago | Trinidad and Tobago | 698 |
| 93 | Hangzhou | China | 696 |
| 94 | Dalian | China | 692 |
| 95 | Bahamas | Bahamas | 691 |
| 96 | Bermuda | Bermuda | 686 |
| 97 | St Petersburg | Russia | 682 |
| 98 | Sofia | Bulgaria | 679 |
| 99 | Manila | Philippines | 669 |
| 100 | Kuwait City | Kuwait | 667 |
| 101 | Xian | China | 664 |
| 102 | Wuhan | China | 663 |
| 103 | Nanjing | China | 649 |
| 104 | Gibraltar | Gibraltar | 648 |
| 105 | Reykjavik | Iceland | 646 |
| 106 | Buenos Aires | Argentina | 644 |
| 107 | Vilnius | Lithuania | 643 |
| 108 | Riga | Latvia | 642 |
| 109 | Barbados | Barbados | 641 |
| 110 | Baku | Azerbaijan | 639 |
| 111 | Panama | Panama | 632 |
| 112 | Minneapolis / St Paul | United States | 627 |
| 113 | Turks and Caicos | Turks and Caicos | 625 |
| 114 | Gothenburg | Sweden | 623 |
| 115 | Bratislava | Slovakia | 622 |
Have you read?
Best CEOs In The World, 2022.
Global Passport Ranking, 2022.
Top Residence by Investment Programs, 2022.
World’s Richest People (Top Billionaires, 2022).
Economy Rankings: Largest countries by GDP, 2022.
Countries and territories with the largest population, 2022.
Top Citizenship and Residency by Investment Programs, 2022.
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