Istanbul has plunged 26 places to 79 on edition 27 of the Global Financial Centres Index published in March 2020. Istanbul was previously on place 53 in the 26th edition prepared in September 2019. In this March 2020 edition, Istanbul’s overall rating was 641 points. The index covers a total of 108 financial centres.
The GFCI provides evaluations of competitiveness and rankings for the major financial centres around the world. It is produced through the collaboration between the China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London. The GFCI is updated every March and September and receives considerable attention from the global financial community. The index serves as a valuable reference for policy and investment decisions.
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