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The thirty-ninth edition of the Global Financial Centres Index (GFCI 39) was published on 26 March 2026. GFCI 39 provides evaluations of future competitiveness and rankings for 120 financial centres around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.

China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London collaborate in producing the GFCI. The GFCI is updated and published every March and September, and receives considerable attention from the global financial community.

137 financial centres were researched for GFCI 38 of which 120 are in the main index. The GFCI is compiled using 147 instrumental factors. These quantitative measures are provided by third parties including the World Bank, the OECD, and the United Nations.

The instrumental factors are combined with financial centre assessments provided by respondents to the GFCI online questionnaire. GFCI 39 uses 34,468 assessments from 5,218 respondents.

New York leads the index, with London second. Hong Kong retains third position ahead of Singapore. San Francisco is unchanged in fifth position and Shenzhen remains in ninth place. Shanghai and Seoul are both up two places, and Dubai and Tokyo enter the top 10, replacing Chicago and Los Angeles.

We are able to assess 116 centres for their FinTech offering. There is no change among the top five places in the FinTech rankings, with Hong Kong in top position followed by Shenzhen, New York, Singapore, and London. Casablanca, Monaco, Almaty, and Sofia improved by 20 or more places in the FinTech rankings. Calgary fell 27 places and Tianjin fell 16 places.

Editor’s note: We would be extremely grateful for your opinions on any financial centres in which you have done business. Your opinions will be used in the compilation of GFCI 40 due to be published in September 2026. Please take a few moments to help us. This questionnaire is unlikely to take more than five minutes to complete. In return for your help we will send you a copy of our findings. Please be assured that answers will be kept confidential. Many thanks for your help.

Start the questionnaire: https://globalfinancialcentres.net/survey/