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Cities with most economic influence in the world

  • Published at 05:04 pm February 17th, 2020
london eye
London Eye and Houses of Parlament are seen in London, Britain, January 31, 2020 Reuters

The criterias were based on economic power, financial strength, political and people's influence, quality of life and competitiveness

Hearing the words "economically influential city", one would imagine New York City with its tall Empire State Building and the historic Statue of Liberty. 

However, now it's time to bid that image of The Big Apple goodbye and envision the famous Big Ben and London Eye, which are the most notable landmarks of London.

Ceoworld magazine, in a survey, has revealed that London topped the list among 100 most economically influential cities of the world in 2020 is with an overall score of 85.49. 

New York City, US | ReutersAlthough, New York gave London a run for its money by coming a close second with 83.49 points, Tokyo was placed in third position with a score of 82.59, according to a “Cities of Economic Influence Index” produced by Ceoworld Magazine.

Paris and Singapore came in fourth and fifth place with a very close margin of scores that is 81.65 and 80.66 points respectively, Ceoworld reports. Berlin, Shanghai, Brussels, New Delhi, and Toronto completed the top ten, in that order. 

Rank

City

Country

1

London

UK

2

New York

US

3

Tokyo

Japan

4

Paris

France

5

Singapore

Singapore

6

Berlin

Germany

7

Shanghai

China

8

Brussels

Belgium

9

New Delhi

India

10

Toronto

Canada

According to Ceoworld experts, the criteria of most economically influential cities were based on - economic power, financial strength, political and people's influence, quality of life and competitiveness.

Tokyo, Japan | ReutersAmong the South Asian countries, Ceoworld Magazine has listed the countries around the Indian Subcontinent region that includes India, Bangladesh and Pakistan, and Sri Lanka in their list 100 most economically influential countries. 

Besides New Delhi that ranked ninth place in the list, India's other cities such as Mumbai, Bengaluru, Hyderabad, and Chennai ranked 44th, 45th, 50th and 70th positions respectively.

On the other hand, the capital of Bangladesh was placed in the 91st position whereas Pakistan ranked lower at the 94th position and Sri Lanka at 98th.