Rankings




Prior to the 1960s, there is little data available to rank financial centres.:1 In recent years many rankings have been developed and published. Two of the most relevant are the Global Financial Centres Index and the Xinhua–Dow Jones International Financial Centres Development Index.

Global Financial Centres Index (2007–ongoing)edit

The Global Financial Centres Index ("GFCI") is compiled semi-annually by the London-based think tank Z/Yen in conjunction with the Shenzhen-based think tank China Development Institute. As of 25 September 2020, the top ten global financial centres per the GFCI article containing a ranked list of 111 financial centres were:

Rank
Centre
 Rating
1 United States New York City 770
2 United Kingdom London 766
3 China Shanghai 748
4 Japan Tokyo 747
5 Hong Kong Hong Kong 743
6 Singapore Singapore 742
7 China Beijing 741
8 United States San Francisco 738
9 China Shenzhen 732
10 Switzerland Zurich 724

Xinhua–Dow Jones Index (2010–2014)edit

The Xinhua–Dow Jones International Financial Centers Development Index was compiled annually by the Xinhua News Agency of China with the Chicago Mercantile Exchange and Dow Jones & Company of the United States from 2010 to 2014. During that time New York was the top-ranked centre.

According to the 2014 Xinhua–Dow Jones International Financial Centres Development Index (IFCD), the top ten financial centres in the world were:

Rank Change
Centre
 Rating
1 Steady United States New York City 87.72
2 Steady United Kingdom LondonĆ 86.64
3 Increase 1 Japan Tokyo 84.57
4 Increase 1 Singapore SingaporeĆ 77.23
5 Decrease 2 Hong Kong Hong Kongć 77.10
5 Steady China Shanghai 77.10
7 Steady France Paris 64.83
8 Steady Germany Frankfurt 60.27
9 Increase 2 China Beijing 59.98
10 Decrease 1 United States Chicago 58.22

(Δ) Appears on the FSF–IMF Offshore Financial Centre (OFC) Lists.
(†) Also appears as one of the top 5 Conduit OFC, in CORPNET's 2017 research; or
(‡) Also appears as one of the top 5 Sink OFC, in CORPNET's 2017 research.

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