Many cities have risen quickly since the height of the financial crisis in 2008. This list ranks the 50 fastest growing financial centres.

London, New York, and Hong Kong remain steady front-runners in the global financial scene. But many others have risen quickly since the crash of 2008. This list ranks the 50 fastest growing financial centres since the financial crises.

Global Financial Centres Index

We used the Global Financial Centres Index (GFCI) ratings from 2009 and 2013. For cities without 2009 data, an extrapolation was made based on more recent information. The GFCI looks at 5 key criteria to evaluate a city including competitiveness in business, financial sector development, infrastructure, human capital, and reputational factors.

Top 50 cities list

See your home city on this list? [NOTE: The number in brackets represents the increase in points since 2009. For example, Buenos Aires increased by 225 points in their rating.]

1. Seoul, Korea (239)

2. Buenos Aires, Argentina (225)

3. Moscow, Russia (217)

4. Rome, Italy (211)

5. Budapest, Hungary (209)



6. Rio de Janeiro, Brazil (207)

7. Wellington, New Zealand (204)

8. 8. Sao Paulo, Brazil (203)

9. Riyadh, Saudi Arabia (194)

10. Warsaw, Poland (190)

The remaining 40 financial centres on this list

11. Osaka, Japan (186)

12. Vienna, Austria (172)

13. Prague, Czech Republic (169)

14. Calgary, Canada (167)

15. Qatar (165)

16. Shanghai, China (152)

17. Malta and Jakarta, Indonesia (149)

19. Oslo, Norway (146)

20. Istanbul, Turkey (144)

21. Monaco (141)

22. Kuala Lumpur, Malaysia (140)

23. Athens, Greece (134)

24. Lisbon, Portugal (126)

25. Montreal, Canada | Bangkok, Thailand | Beijing, China (120)

28. Vancouver, Canada (117)

29. Tokyo, Japan (109)

30. Shenzhen, China (104)

31. Madrid, Spain (101)

32. Milan, Italy | Bahrain (97)

34. Boston, United States (96)

35. Washington, United States | Munich, Germany | Copenhagen, Denmark (93)

38. Helsinki, Finland (92)

39. Dubai, United Arab Emirates (91)

40. Melbourne, Australia (90)

41. Johannesburg, South Africa (89)

42. San Francisco, United States | Stockholm, Sweden (88)

44. Mumbai, India (85)

45. Toronto, Canada | Luxembourg (84)

47. Sydney, Australia | British Virgin Islands | Manila, Philippines (77)

50. Hong Kong, China (75)