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The thirty-sixth edition of the Global Financial Centres Index (GFCI 36) was jointly published by Z/Yen and CDI on 24 September 2024. GFCI 36 provides evaluations of future competitiveness and rankings for 121 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.

The GFCI is compiled using 143 instrumental factors. These quantitative measures are provided by third parties including the World Bank, the Economist Intelligence Unit, the OECD and the United Nations.

The instrumental factors are combined with financial centre assessments provided by respondents to the GFCI online questionnaire. GFCI 36 uses 37,830 assessments from 6,188 respondents.

New York leads the index, with London second. Hong Kong has overtaken Singapore to regain third position. San Francisco remains at number five, with Chicago and Los Angeles overtaking Shanghai to place sixth and seventh, with Shanghai now in eighth position. Shenzhen and Frankfurt complete the top 10.

We are able to assess 116 centres for their Fintech offering. New York retains its leading position in the Fintech ranking, followed by London. Shenzhen overtook San Francisco to take third position by just one rating point. Hong Kong has joined Washington DC, Los Angeles, Chicago, Singapore, and Seoul in the top 10, replacing Shanghai, which has dropped to 15th position.