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Global Financial Centres Index

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The Global Financial Centres Index (GFCI) ranks the competitiveness of financial centres based on over 29,000 assessments from an online questionnaire and over 100 indices from organisations such as the World Bank, the Organisation for Economic Co-operation and Development (OECD), and the Economist Intelligence Unit.[1] It was first published in March 2007. It has been jointly published twice per year by the London-based think tank Z/Yen and the China Development Institute since 2015.[2] It is widely quoted as a top source for ranking financial centres.[3][4][5]

GFCI 39 (March 2026)

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Top 20 centres in GFCI 39[6]
Centre Rating Change in rank
United States New York City 767 Steady
United Kingdom London 766 Steady
Hong Kong Hong Kong 765 Steady
Singapore Singapore 764 Steady
United States San Francisco 744 Steady
China Shanghai 743 Increase 2
United Arab Emirates Dubai 742 Increase 4
South Korea Seoul 741 Increase 2
China Shenzhen 740 Steady
Japan Tokyo 739 Increase 5
Switzerland Zurich 738 Increase 5
United States Los Angeles 737 Decrease 5
United States Boston 736 Increase 4
United States Chicago 735 Decrease 8
Germany Frankfurt 734 Decrease 3
Luxembourg Luxembourg 733 Increase 3
United States Washington, D.C. 732 Decrease 4
Switzerland Geneva 731 Decrease 4
France Paris 730 Decrease 1
Netherlands Amsterdam 729 Increase 6

Financial centre profiles (GFCI 36, September 2024)

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The report ranks international financial centres into the following matrix:

Financial Centre Profiles (GFCI 36, September 2024)[7]
Level Broad and deep
Global leaders
Relatively broad
Global diversified
Relatively deep
Global specialists
Emerging
Global contenders
Global

United Kingdom London
United States New York
United States Washington, D.C.
France Paris
United States Los Angeles
Japan Tokyo
Switzerland Zurich
Netherlands Amsterdam
Republic of Ireland Dublin
Germany Frankfurt

Singapore Singapore
South Korea Seoul
Malaysia Kuala Lumpur
Belgium Brussels

United Arab Emirates Dubai
United Arab Emirates Abu Dhabi
Morocco Casablanca
Mauritius Mauritius
Hong Kong Hong Kong
Luxembourg Luxembourg

China Beijing
Turkey Istanbul
China Shanghai

Level Broad and deep
Established international
Relatively broad
International diversified
Relatively deep
International specialists
Emerging
International contenders
International

United States Boston
United States Chicago
South Korea Busan
United Kingdom Edinburgh
Germany Berlin
Italy Rome
Italy Milan
Switzerland Geneva
Canada Montreal
Canada Toronto
Germany Munich
Australia Sydney
Japan Osaka
Germany Hamburg
Australia Melbourne
United States Miami
Canada Vancouver
Germany Stuttgart

Thailand Bangkok
Austria Vienna
Spain Madrid
Sweden Stockholm
United States San Francisco
Greece Athens
Denmark Copenhagen

India Mumbai
India GIFT City
Saudi Arabia Riyadh
Bermuda Bermuda
China Qingdao
China Shenzhen
Israel Tel Aviv
Kazakhstan Astana
Jersey Jersey

Russia Moscow
Mexico Mexico City
Panama Panama
The Bahamas Bahamas
Kenya Nairobi
Bahrain Bahrain
Indonesia Jakarta
Qatar Doha
Nigeria Lagos
India New Delhi
South Africa Johannesburg
South Africa Cape Town
China Guangzhou
Brazil São Paulo
Rwanda Kigali
British Virgin Islands British Virgin Islands
Cayman Islands Cayman Islands
Taiwan Taipei
Liechtenstein Liechtenstein

Level Broad and deep
Established players
Relatively broad
Local diversified
Relatively deep
Local specialists
Emerging
Evolving centres
Local

Norway Oslo
United States San Diego
United Kingdom Glasgow
Canada Calgary
United States Minneapolis/St Paul
New Zealand Wellington

Chile Santiago
Portugal Lisbon
Poland Warsaw
Czech Republic Prague
United States Atlanta
Finland Helsinki

Brazil Rio de Janeiro
Estonia Tallinn
Malta Malta
Vietnam Ho Chi Minh City
China Chengdu
Switzerland Lugano
China Xi'an
China Hangzhou
China Wuhan
China Tianjin
Iceland Reykjavík
Monaco Monaco
China Nanjing
Gibraltar Gibraltar
China Dalian

Azerbaijan Baku
Philippines Manila
Argentina Buenos Aires
Bulgaria Sofia
Latvia Riga
Cyprus Cyprus
Russia Saint Petersburg
Hungary Budapest
Iran Tehran
Colombia Bogotá
Guernsey Guernsey
Slovakia Bratislava
Lithuania Vilnius
Kazakhstan Almaty
Trinidad and Tobago Trinidad and Tobago
Barbados Barbados
Isle of Man Isle of Man
Kuwait Kuwait City

References

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  1. ^ Jones, Huw (24 March 2022). "New York widens lead over London in top finance centres index". Reuters. Archived from the original on Oct 8, 2022. Retrieved 10 September 2022. Rankings are based on surveys and 150 factors, with quantitative measures from the World Bank, The Economist Intelligence Unit, the OECD and United Nations.
  2. ^ "The Global Financial Centres Index - Long Finance". www.longfinance.net. Retrieved 2025-09-25.
  3. ^ Yoshio Okubo (October 2014). "Comparison of Global Financial Center" (PDF). Harvard Law School, Program on International Financial Systems, Japan-U.S. Symposium. Archived from the original on 30 May 2015. Retrieved 30 May 2015.
  4. ^ Glover, John (17 March 2014). "New York Strips London of Mantle as World's Top Financial Center". Bloomberg L.P. Archived from the original on Jun 9, 2015. Retrieved 30 May 2015.
  5. ^ Pooler, Michael (1 October 2014). "New York and London vie for crown of world's top financial centre". The Financial Times. Retrieved 24 May 2015.{{cite news}}: CS1 maint: deprecated archival service (link)
  6. ^ "GFCI 39 Rank". Long Finance.
  7. ^ "GFCI 37 Rank - Long Finance". www.longfinance.net. Retrieved 2024-09-24.
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Global Financial Centres Index
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