The Global Financial Centres Index 37 (GFCI 37)
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The thirty-seventh edition of the Global Financial Centres Index (GFCI 37) was jointly published by Z/Yen and CDI on 20 March 2025. GFCI 37 provides evaluations of future competitiveness and rankings for 119 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.
The GFCI is compiled using 140 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 37 uses 31,314 assessments from 4,946 respondents.
New York leads the index, with London second. Hong Kong retains third position ahead of Singapore. San Francisco, Chicago, Los Angeles, Shanghai, and Shenzhen are unchanged in fifth to ninth positions. Seoul re-entered the top 10 centres in this edition of the index.
We are able to assess 115 centres for their Fintech offering. New York retains its leading position in the Fintech ranking, followed by London and Shenzhen. Hong Kong rose five rank places, overtaking US centres and Singapore to take fourth position. Oslo, Mauritius, and Riyadh improved by over 20 places in the Fintech rankings. Six centres fell more than 15 places.
The Global Financial Centres Index 36 (GFCI 36)
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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…
The Global Financial Centres Index 35 (GFCI 35)
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The thirty-fifth edition of the Global Financial Centres Index (GFCI 35) was jointly published by Z/Yen and CDI on 21 March 2024. GFCI 35 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 145 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 35 uses 48,365 assessments from 8,494 respondents.
New York leads the index, with London…
The Global Financial Centres Index 34 (GFCI 34)
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The thirty-fouth edition of the Global Financial Centres Index (GFCI 34) was jointly published by Z/Yen and CDI on 28 September 2023. GFCI 34 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 147 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 34 uses 53,789 assessments from 9,097 respondents.
New York leads the index, with…
The Global Financial Centres Index 33 (GFCI 33)
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The thirty-third edition of the Global Financial Centres Index (GFCI 33) was jointly published by Z/Yen and CDI on 23 Mar 2023. GFCI 33 provides evaluations of competitiveness and rankings for 120 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.
The GFCI 33 was compiled using 153 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 were combined with 61,449 assessments of financial centres provided by 10,252 respondents to the GFCI online questionnaire.
The average rating of centres in the index was close to the average in GFCI 32,…
The Global Financial Centres Index 32 (GFCI 32)
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The thirty-second edition of the Global Financial Centres Index (GFCI 32) was jointly published by Z/Yen and CDI on 22 Sept 2022. GFCI 32 provides evaluations of competitiveness and rankings for 119 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.
The GFCI 32 was compiled using 151 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 were combined with 66,121 assessments of financial centres provided by 11,038 respondents to the GFCI online questionnaire.
Overall the average rating of centres in the index improved 4.83% from GFCI…
The Global Financial Centres Index 31 (GFCI 31)
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The thirty-first edition of the Global Financial Centres Index (GFCI 31) was jointly published by Z/Yen and CDI on 24 March 2022. GFCI 31 provides evaluations of future competitiveness and rankings for 119 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.
The GFCI is compiled using 150 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 centres assessments provided by respondents to the GFCI online questionnaire.
The data on which GFCI 31 is based relate to the period up to the end of 2021. Overall the…
China’s Financial Center Index 13 (CFCI 13)
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China’s Financial Center Index (CFCI) has established a system for competitiveness evaluation adapted to the development characteristics of Chinese financial centers. The system aims to track and study the development status of Chinese financial centers, in a bid to inform policy optimization by relevant decisionmakers, and provide a watchtower for the society to observe the development of Chinese financial centers. The first CFCI was released in 2009 and has been updated annually since then.
The Global Financial Centres Index 30 (GFCI 30)
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On September 24, Z/Yen and CDI jointly released the thirtieth edition of the Global Financial Centres Index (GFCI 30) in Busan.
We researched 126 centres for this edition of the Global Financial Centres Index (GFCI 30). The number of financial centres in the main index has increased from 114 to 116 with the addition of Kigali and Lagos. There are 10 associate centres awaiting potential inclusion in the main index.
GFCI 30 was compiled using 146 instrumental factors. These quantitative measures are provided by third parties including the World Bank, The Economist Intelligence Unit, the OECD, and the UN.
New York leads the ranking, with London second. Both centres fell only slightly in the ratings. Hong Kong and Singapore in third and fourth…
The Global Financial Centres Index 29 (GFCI 29)
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On March 17, Z/Yen and CDI jointly released the twenty-nineth edition of the Global Financial Centres Index (GFCI 29) in Shenzhen, London and Hongkong.
We researched 126 centres for this edition of the Global Financial Centres Index (GFCI 29). The number of financial centres in the main index has increased from 111 to 114 with the addition of Berlin, Trinidad & Tobago, and Bogota. There are 12 associate centres awaiting potential inclusion in the main index.
GFCI 29 was 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 UN.
New York retains first place in the index. London fell to only one point ahead of third place…
The Global Financial Centres Index 28 (GFCI 28)
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On September 28, Z/Yen and CDI jointly released the twenty-eighth edition of the Global Financial Centres Index (GFCI 28) in Shenzhen and Seoul.
In GFCI 28, we researched 121 centres for this edition of the Global Financial Centres Index (GFCI 28). The number of financial centres in the main index has increased from 108 to 111 with the addition of Bratislava, Xi’an, and Wuhan, though new entrants to the index take some time for their position in the index to settle. There are 10 associate centres awaiting potential inclusion in the main index.
GFCI 28 was compiled using 138 instrumental factors. These quantitative measures are provided by third parties including the World Bank, The Economist Intelligence Unit, the OECD, and the UN.
New York…