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Table 3.III

Favorable Characteristics of International Cities
(By PriceWaterhouseCoopers)

 
     
 

Modern cities are the home to most of the world's population and intellectual and economic capital. Periodically, a comprehensive report is prepared by PriceWaterhouseCoopers of the top performing business cities in the world.

In 2014, the report analyzed a city's performance and functionality by evaluating (10) indicators across (59) variables to reveal how well-balanced a city is for both businesses and residents. London claimed the #1 spot with New York City and Singapore following closely behind.

  A total of 30 cities were evaluated, resulting in the following overall rankings*:  
  1. London 7. Stockholm 13. Tokyo 19. Beijing 25. Istanbul  
  2. New York 8. Hong Kong 14. Seoul 20. Shanghai 26. Sao Paolo  
  3. Singapore 9. Sydney 15. Madrid 21. Moscow 27. Rio De Janeiro  
  4. Toronto 10. Chicago 16. Dubai 22. Mexico City 28. Mumbai  
  5. San Francisco 11. Berlin 17. Kuala Lumpur 23. Johannesburg 29. Jakarta  
  6. Paris 12. Los Angeles 18. Milan 24. Buenos Aires 30. Nairobi  
 

Three key factors governed the choice of cities:

  • Capital market centers. Many of the cities included are hubs of commerce, communications and culture. But all are financial capitals of their region—meaning each plays an important role not only locally but also as a vital part of a globalizing economic fabric.
  • Distributed over a broad geographic sampling. While each city is a center of finance and commerce in its own region and in many cases the world, collectively the 30 cities form a representative international distribution.
  • Balanced between mature and emerging economies.
 
     
 

The relevant data were collected from three main sources:

  • Global multilateral development organizations such as the World Bank and the International Monetary Fund (IMF).
  • National statistics organizations such as National Statistics in the UK and the Census Bureau in the U.S.
  • Commercial data providers.
 
     
 

Our current table highlights the TOP 10 performing business cities based on this report.

To view the complete report, visit PWC: Cities of Opportunity

 
     
    London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
Total Score
1,290
1,235
1,230
1,215
1,211
1,196
1,191
1,156
1,153
1,133
 
     
  Intellectual
Capital &
Innovation
Score

200

186

148

190

195

204

192

158

181

174

 
 
Libraries w/
Public Access
28
21
6
26
24
29
30
13
23
19
 
 
Math/Science
Skills Attainment
21
17
29
24
17
20
11
28
22
17
 
 
Literacy &
Enrollment
17
23
8
22
26
20
28
15
30
25
 
 
% of Pop w/
Higher Education
27
25
19
26
29
28
30
10
14
24
 
 
World University
Rankings
30
22
17
18
21
28
20
27
24
25
 
 
Innovation
Cities Index
27
30
16
26
29
28
22
23
21
18
 
 
Intellectual
Property
Protection
29
19
30
24
19
28
25
26
22
19
 
 
Entrepreneurial
Environment
21
29
23
24
30
23
26
16
25
27
 
  Technology
Readiness
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
107
98
91
73
96
75
105
100
71
86
 
 
Internet Access
in Schools
28
22
30
25
22
11
27
24
20
22
 
 
Broadband Quality
29
21
11
15
16
23
27
28
23
14
 
 
Digital Economy
20
29
25
22
29
17
30
25
26
29
 
 
Software Dev. & Multi-Media Design
30
26
25
11
29
24
21
23
12
21
 
  City
Gateway
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
172
137
153
98
109
143
96
151
119
93
 
 
Hotel Rooms
26
28
15
16
14
24
4
23
13
12
 
 
Intl. Tourists
28
26
29
10
14
24
17
30
9
1
 
 
Number of Intl.
Association Meetings
26
9
28
13
7
30
22
20
18
8
 
 
Incoming/Outgoing
Passenger Flows
30
29
15
11
16
27
4
17
12
26
 
 
Airport to
CBD Access
25
18
12
9
25
20
17
25
20
26
 
 
Top 100 Airports
25
13
30
17
18
12
14
28
21
11
 
 
On-Time Flight Departures
12
14
24
22
15
6
18
8
26
9
 
  Tranportation &
Infrastructure
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
112
95
139
118
89
114
111
99
80
91
 
 
Public Transport
Systems
30
20
28
30
16
28
28
24
18
24
 
 
Mass Transit
Coverage
16
25
21
20
29
30
28
18
9
14
 
 
Cost of Public
Transport
1
7
14
6
4
9
3
8
2
10
 
 
Licensed Taxis
14
5
21
7
8
27
26
13
4
10
 
 
Major
Construction Activity
28
18
25
27
7
3
5
19
17
11
 
 
Housing
23
20
30
28
25
17
21
17
30
22
 
  Health, Safety &
Security
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
112
110
112
130
113
108
132
86
130
112
 
 
Hospitals & Health
Employment
24
27
15
25
27
21
29
7
28
30
 
 
Health System
Performance
22
18
29
25
18
23
28
14
21
18
 
 
End-of-Life Care
30
27
20
27
27
22
21
18
29
27
 
 
Crime
17
15
29
25
18
16
24
30
26
14
 
 
Political Environment
19
23
19
28
23
26
30
17
26
23
 
  Sustainability
& Natural
Environment
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
79
89
71
106
112
116
121
63
121
96
 
 
Natural
Disaster Risk
21
16
21
28
9
25
29
3
16
25
 
 
Thermal Comfort
17
13
4
8
24
16
7
19
27
9
 
 
Recycled Waste
16
10
15
22
26
28
29
21
25
20
 
 
Air Pollution
19
23
21
29
28
18
26
16
30
28
 
 
Public Park Space
6
27
10
19
25
29
30
4
23
14
 
  Demographics
& Livability
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
141
119
133
123
136
128
126
133
142
119
 
 
Cultural Vibrancy
29
30
15
18
23
28
17
21
24
20
 
 
Quality of Living
17
16
19
30
19
27
28
24
29
23
 
 
Working Age
Population
18
8
23
16
26
17
6
25
5
11
 
 
Traffic Congestion
26
13
30
18
13
17
29
15
29
19
 
 
Ease of Commute
21
23
22
19
28
13
30
25
27
26
 
 
Relocation Attractiveness
30
29
24
22
27
26
16
23
28
20
 
  Economic
Clout
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
118
114
95
90
92
107
77
91
82
78
 
 
Number of Global 500 Headquarters
26
27
14
24
14
28
17
19
17
14
 
 
Financial & Business Services
Employment
28
23
14
22
29
26
24
13
18
25
 
 
Attracting FDI
29
21
29
14
3
24
6
26
20
2
 
 
Productivity
23
29
18
22
30
26
25
16
20
27
 
 
Rate of Real
GDP Growth
12
14
20
8
16
3
5
17
7
2
 
  Ease of Doing
Business
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
173
194
219
182
167
142
158
197
146
167
 
 
Ease of Starting
a Business
22
26
28
29
25
19
16
27
30
25
 
 
Resolving
Insolvancy
27
25
29
28
25
14
17
21
20
25
 
 
Employee
Regulations
1
30
26
15
27
6
11
24
14
28
 
 
Ease of Entry:
Countries w/ Visa Waiver
26
9
30
14
9
19
21
29
10
9
 
 
Foreign Embassies
or Consulates
29
24
17
14
8
30
23
13
12
6
 
 
Level of
Shareholder
Protection
22
26
30
28
26
11
19
29
13
26
 
 
Operational
Risk Climate
19
24
30
26
24
24
29
29
27
24
 
 
Workforce
Management Risk
27
30
29
28
23
19
22
25
20
24
 
  Cost
Score
London New
York
Singapore Toronto San
Francisco
Paris Stockholm Hong
Kong
Sydney Chicago  
 
76
93
69
105
102
59
73
78
81
117
 
 
Total Corporate
Tax Rate
23
16
27
28
20
5
11
29
15
17
 
 
Cost of Business
Occupancy
3
12
11
21
17
6
18
1
7
25
 
 
Cost of Living
5
9
6
8
10
3
2
15
1
19
 
 
iPhone Index
23
30
14
24
27
22
21
19
28
29
 
 
Purchasing Power
22
26
11
24
28
23
21
14
30
27
 
     
 

Notes:
*The 30 cities were sorted from the best performing to the worst. The cities were then assigned a score from 30 (the best performing) to 1 (the worst performing). In the event of a tie, cities were assigned the same score.

 
     
 

View Additional World Cities Data:
Largest 100 Cities in the U.S.
Largest 100 Cities in the World

Return to World Cities Section

 
     
     
 
Source:
PWC.com/cities

There are other similar compilations, each with its own set of criteria.
Among them:

Global Cities Index
The Global Financial Centres Index 8
Search Global City Data

 

 

Baruch College Weissman Zicklin School of Business