Switzerland twice among the world's top 20 financial centres
03.04.2024
New York remains the most important financial centre in the world, ahead of London and Singapore. Switzerland ranks in the top 20 with Geneva and Zurich, according to the Global Financial Centres Index (GFCI) published in London for the 35th time.
Only six of the world's top 20 financial centres are in Europe, including two Swiss cities, Geneva and Zurich. The best-placed EU financial centre is Frankfurt in 13th place, while a third Swiss financial centre, Lugano, is also among the rising stars. The Italian-speaking city has risen twelve places (to 35th place) and is therefore ahead of the financial centres in Rome (54th) and Milan (55th).
The Global Financial Centres Index is the world's most authoritative comparison of the competitiveness of the world’s leading financial centres. GFCI is published by the Z/Yen Partners in collaboration with the China Development Institute. For the last 16 years the GFCI has published two reports a year which have charted the progress of the world’s leading financial centres.
The index evaluates 121 cities on five continents. The criteria are divided into five areas of competitiveness: Business Environment, Human Capital, Infrastructure, Financial Sector Development and Reputation.
GFCI-Ranking 2024
- New York
- London
- Singapore
- Hong Kong
- San Francisco
- Shanghai
- Geneva
- Los Angeles
- Chicago
- Seoul
- Shenzhen
- Washington DC
- Frankfurt
- Paris
- Beijing
- Zurich
- Luxembourg
- Sydney
- Tokyo
- Dubai
...
35. Lugano
More information: The Global Financial Centres Index - Long Finance