Leading financial centers worldwide 2019

Leading financial centers globally as of March 2019

Leading financial centers worldwide 2019 This statistic presents the most attractive financial centers worldwide as of March 2019. The private institute Z/Yen has constructed an index for financial center rating, in which a multitude of factors are integrated. New York proved to be the most attractive financial center in 2019, with 794 points assigned in the Z/Yen report.
Financial centers – additional information

A financial center is a region or city with strategic location to the financial industry. It is a place where various participants of the financial sector, such as banks, trading companies, stock exchanges and other institutions, are concentrated in one area. Financial hubs can be characterized by solid infrastructure, stable regulatory and political environments, attractive taxation rules and the availability of various opportunities to help the trade and business grow.

According to a survey carried out among financial services professionals in 2018 the most important factors determining the competitiveness of a financial center were business environment, human capital, reputation, infrastructure and financial sector development.

According to the Global Financial Centers Index constructed by Z/Yen institute, the following locations have been distinguished as most attractive financial hubs in North America: New York, Toronto, Boston, San Francisco and Los Angeles. In Latin America, Cayman Islands, Bermuda and São Paolo were given the highest scores. As far as offshore financial centers are concerned, the British Virgin Islands, Gibraltar, the Cayman Islands and Hamilton were ranked highest. An offshore financial center is usually a small country or island with less strict regulatory requirements and a low-tax environment. When financial sector professionals were asked which financial centers were likely to become more significant in the next years as 2018, they indicated the following locations: Shanghai, GIFT City - Gujarta, Frankfurt, Singapore, Dublin and Hong Kong.
Show more

Leading financial centers globally as of March 2019

Loading statistic...
Expand statistic
Points on the Global Financial Centres Index
New York 794
London 787
Hong Kong 783
Singapore 772
Shanghai 770
Tokyo 756
Toronto755
Zurich739
Beijing738
Frankfurt737
Sydney736
Dubai733
Boston732
Shenzhen730
Melbourne729
San Francisco727
Los Angeles724
Montreal722
Vancouver721
Chicago717
Points on the Global Financial Centres Index
New York 794
London 787
Hong Kong 783
Singapore 772
Shanghai 770
Tokyo 756
Toronto755
Zurich739
Beijing738
Frankfurt737
Sydney736
Dubai733
Boston732
Shenzhen730
Melbourne729
San Francisco727
Los Angeles724
Montreal722
Vancouver721
Chicago717
Download Settings Share
Chart type
Datalabels
Share on Social Media
HTML code to embed chart as PNG (FAQ)
Download started
Please be patient - this may take a moment

Description

Source

More information

This statistic presents the most attractive financial centers worldwide as of March 2019. The private institute Z/Yen has constructed an index for financial center rating, in which a multitude of factors are integrated. New York proved to be the most attractive financial center in 2019, with 794 points assigned in the Z/Yen report.
Financial centers – additional information

A financial center is a region or city with strategic location to the financial industry. It is a place where various participants of the financial sector, such as banks, trading companies, stock exchanges and other institutions, are concentrated in one area. Financial hubs can be characterized by solid infrastructure, stable regulatory and political environments, attractive taxation rules and the availability of various opportunities to help the trade and business grow.

According to a survey carried out among financial services professionals in 2018 the most important factors determining the competitiveness of a financial center were business environment, human capital, reputation, infrastructure and financial sector development.

According to the Global Financial Centers Index constructed by Z/Yen institute, the following locations have been distinguished as most attractive financial hubs in North America: New York, Toronto, Boston, San Francisco and Los Angeles. In Latin America, Cayman Islands, Bermuda and São Paolo were given the highest scores. As far as offshore financial centers are concerned, the British Virgin Islands, Gibraltar, the Cayman Islands and Hamilton were ranked highest. An offshore financial center is usually a small country or island with less strict regulatory requirements and a low-tax environment. When financial sector professionals were asked which financial centers were likely to become more significant in the next years as 2018, they indicated the following locations: Shanghai, GIFT City - Gujarta, Frankfurt, Singapore, Dublin and Hong Kong.
Show more
Release date
March 2019
Region
Worldwide
Survey time period
2019
Number of respondents
2,373 respondents
Special properties
among financial services professionals.
Method of interview
Online survey
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Financial markets
Financial markets

All Information
in one Presentation

Financial markets

Everything On "Financial markets" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.
Marlene Greenfield

Marlene Greenfield
Vice President, Hearst Magazines

Statistics on "Financial markets"
  • Money market
  • Equity market
  • Bond market
  • Currency market
  • Miscellaneous
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.