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Friday, May 17, 2024
CEOWORLD magazine - Latest - Stats Gate - Ranked: World’s Most Globalized Cities, 2023

Stats Gate

Ranked: World’s Most Globalized Cities, 2023

Globalized Cities

Globalization has been a pervasive force, creating a single global community. It involves the transfer of goods, capital, people, and ideas around the world, encouraging economic ties between countries. Although globalization is usually discussed nationally, its effects are notably strong in urban areas. Cities, as the main centers of communication and knowledge sharing, occupy a vital role in this worldwide process. Globalization isn’t a passing trend, but a long-term development with extensive consequences.

Globalization’s Impact on Urban Areas

The colossal sway of globalization on urban centers is far-reaching and multifaceted. To garner global funds, cities have embarked on far-reaching urban development programs. These include investments in transportation systems, transactions with overseas businesses, the proliferation of multinational firms, and a marked improvement in the lifestyle of their inhabitants. The United Nations estimated in April 2023 that a shocking 80% of the worldwide GDP is created in urban areas, which demonstrates the enormity of their economic influence.

Investment Opportunities in Global Cities

Multinational corporations strategically position themselves in advanced global cities to tap into local and international growth opportunities. Notable companies like Tesla, Inc., Walmart Inc., and JPMorgan Chase & Co. have successfully established their presence in some of the world’s most globalized urban centers.

Berlin, for instance, holds a strategic position in Europe, attracting multinational firms and serving as the capital of Germany’s substantial economy. Tesla’s plans to expand its Berlin plant by early 2024 highlight the city’s significance in the regional electric vehicle market.

Shenzhen, a gateway to China, is another thriving global city. Its foreign-friendly environment and strong infrastructure for research and development make it a magnet for international businesses. Walmart’s opening of a flagship store in Shenzhen as part of its expansion into the Chinese market reflects the city’s growing global commercial stature.

Frankfurt, with its role as the backbone of Germany’s economy, houses key global financial institutions such as the European Central Bank and the Frankfurt Stock Exchange. JPMorgan Chase & Co. has expanded its operations in Frankfurt to compete with domestic German banks, leveraging its market position in Europe.

Top Globalized Cities in the World

In an increasingly interconnected world, globalization has a profound impact on urban settlements. Cities aren’t just witnessing economic transformation but are driving it. As companies like Tesla, Walmart, and JPMorgan Chase expand globally, opportunities for investment in these dynamic urban centers abound.

Ranked: World's Most Globalized Cities, 2023

RankCityCountryScore
1TokyoJapan975
2LondonUnited Kingdom974
3New YorkUnited States973
4ParisFrance972
5SingaporeSingapore968
6Los AngelesUnited States967
7BostonUnited States966
8SeoulSouth Korea965
9San Francisco - San JoseUnited States964
10HoustonUnited States960
11BerlinGermany958
12ChicagoUnited States957
13StockholmSweden953
14DubaiUnited Arab Emirates952
15TorontoCanada951
16MunichGermany947
17ViennaAustria946
18SydneyAustralia945
19MadridSpain944
20AmsterdamNetherlands943
21SeattleUnited States942
22Dallas-Fort WorthUnited States941
23MelbourneAustralia939
24MontréalCanada937
25AtlantaUnited States936
26BarcelonaSpain934
27MilanItaly933
28BeijingChina932
29VancouverCanada930
30CopenhagenDenmark928
31MiamiUnited States927
32Washington DCUnited States926
33PhiladelphiaUnited States924
34OsloNorway922
35OsakaJapan920
36DublinIreland919
37San DiegoUnited States918
38BrisbaneAustralia917
39HelsinkiFinland915
40Tel AvivIsrael914
41HamburgGermany912
42DenverUnited States911
43PortlandUnited States907
44AustinUnited States906
45Las VegasUnited States905
46ShanghaiChina901
47DetroitUnited States898
48RomeItaly896
49BrusselsBelgium895
50NewarkUnited States894
51BaltimoreUnited States893
52TaipeiTaiwan891
53IstanbulTurkey887
54ZürichSwitzerland886
55PhoenixUnited States885
56OaklandUnited States882
57OrlandoUnited States881
58Hong KongChina878
59PragueCzech Republic874
60LisbonPortugal872
61Mexico CityMexico871
62Buenos AiresArgentina870
63PerthAustralia869
64KyotoJapan868
65BaselSwitzerland867
66AthensGreece866
67SacramentoUnited States865
68FrankfurtGermany864
69TampaUnited States863
70Minneapolis-St PaulUnited States862
71PittsburghUnited States858
72San AntonioUnited States856
73RiversideUnited States854
74ShenzhenChina853
75Abu DhabiUnited Arab Emirates851
76MoscowRussia847
77AucklandNew Zealand844
78BudapestHungary843
79OportoPortugal842
80São PauloBrazil841
81NagoyaJapan840
82DüsseldorfGermany838
83YokohamaJapan837
84QuébecCanada836
85StuttgartGermany832
86ManchesterUnited Kingdom831
87RotterdamNetherlands828
88LyonFrance826
89WarsawPoland825
90CharlotteUnited States824
91NashvilleUnited States823
92ClevelandUnited States822
93GothenburgSweden820
94Santa Ana-AnaheimUnited States818
95CincinnatiUnited States815
96Kansas CityUnited States814
97CologneGermany812
98GenevaSwitzerland811
99Fort LauderdaleUnited States809
100GuangzhouChina808
101AdelaideAustralia807
102TallinnEstonia806
103EdinburghUnited Kingdom805
104New OrleansUnited States804
105MumbaiIndia803
106HonoluluUnited States801
107Rio De JaneiroBrazil798
108BusanSouth Korea794
109HamiltonCanada792
110GlasgowUnited Kingdom791
111St LouisUnited States790
112BirminghamUnited Kingdom789
113MilwaukeeUnited States788
114ProvidenceUnited States787
115LiverpoolUnited Kingdom786
116LouisvilleUnited States785
117AlbanyUnited States784
118ColumbusUnited States783
119MalmöSweden782
120MemphisUnited States781
121Napoli (Naples)Italy780
122OttawaCanada779
123NurembergGermany778
124FukuokaJapan777
125CalgaryCanada776
126The HagueNetherlands775
127Norfolk-Virginia BeachUnited States774
128RochesterUnited States771
129Ventura-OxnardUnited States769
130SalzburgAustria766
131FlorenceItaly765
132HannoverGermany764
133EssenGermany763
134HalifaxCanada762
135LeipzigGermany759
136BristolUnited Kingdom756
137TorinoItaly755
138BucharestRomania753
139IncheonSouth Korea752
140AntwerpBelgium751
141Raleigh-DurhamUnited States749
142AlbuquerqueUnited States746
143CharlestonUnited States745
144Ann ArborUnited States741
145BangkokThailand738
146SapporoJapan737
147DresdenGermany736
148IndianapolisUnited States735
149EdmontonCanada731
150LucerneSwitzerland730
151AllentownUnited States729
152UtrechtNetherlands728
153Salt Lake CityUnited States726
154BelfastUnited Kingdom722
155BernSwitzerland721
156HartfordUnited States715
157JacksonvilleUnited States714
158MarseilleFrance713
159BuffaloUnited States710
160TulsaUnited States709
161NiceFrance708
162DohaQatar707
163Kuala LumpurMalaysia706
164St PetersburgRussia704
165CanberraAustralia703
166WellingtonNew Zealand701
167DortmundGermany700
168DuisburgGermany698
169ReykjavikIceland697
170BoulderUnited States696
171BilbaoSpain694
172NottinghamUnited Kingdom691
173SheffieldUnited Kingdom690
174RichmondUnited States689
175AnchorageUnited States686
176KnoxvilleUnited States683
177Colorado SpringsUnited States682
178VeniceItaly681
179DelhiIndia677
180BonnGermany676
181HiroshimaJapan675
182BremenGermany674
183Mannheim-HeidelbergGermany671
184KarlsruheGermany670
185WinnipegCanada668
186AachenGermany665
187EindhovenNetherlands662
188SofiaBulgaria661
189CardiffUnited Kingdom658
190Newcastle-upon-TyneUnited Kingdom657
191Grand RapidsUnited States651
192ToulouseFrance650
193LeedsUnited Kingdom647
194ValenciaSpain644
195GreensboroUnited States643
196Oklahoma CityUnited States641
197BordeauxFrance638
198OmahaUnited States635
199LuxembourgLuxembourg633
200NantesFrance632
201BangaloreIndia630
202SyracuseUnited States628
203Corpus ChristiUnited States627
204El PasoUnited States626
205DaytonUnited States625
206TucsonUnited States624
207SavannahUnited States623
208BoiseUnited States621
209SharjahUnited Arab Emirates620
210ChristchurchNew Zealand618
211DaeguSouth Korea617
212Gold CoastAustralia616
213GrazAustria612
214LinzAustria611
215KatowicePoland607
216LexingtonUnited States606
217ChattanoogaUnited States604
218KagoshimaJapan602
219WuppertalGermany600
220PortlandUnited States599
221Wroc?awPoland596
222MadisonUnited States595
223BirminghamUnited States593
224ToledoUnited States592
225AkronUnited States591
226MontpellierFrance589
227Winston-SalemUnited States588
228GreenvilleUnited States586
229StrasbourgFrance584
230Green BayUnited States582
231OdenseDenmark581
232ManchesterUnited States579
233Baton RougeUnited States573
234MálagaSpain571
235LilleFrance570
236Des MoinesUnited States566
237BolognaItaly564
238SpringfieldUnited States562
239LancasterUnited States560
240WichitaUnited States557
241Little RockUnited States556
242ColumbiaUnited States552
243RenoUnited States550
244FresnoUnited States549
245StocktonUnited States548
246JakartaIndonesia547
247KitchenerCanada546
248GdanskPoland544
249PadovaItaly541
250VeronaItaly539
251BogotáColombia537
252NagasakiJapan535
253BochumGermany534
254NewcastleAustralia533
255GeelongAustralia531
256RigaLatvia529
257MontgomeryUnited States526
258KrakówPoland525
259CoventryUnited Kingdom524
260TallahasseeUnited States523
261SevilleSpain522
262JacksonUnited States521
263CharlottesvilleUnited States517
264RoanokeUnited States516
265GentBelgium515
266SpokaneUnited States513
267LincolnUnited States512
268BakersfieldUnited States511
269ModestoUnited States510
270AnkaraTurkey507
271AugustaUnited States506
272ThessalonikiGreece505
273CairoEgypt502
274KielGermany500
275LondonCanada499
276BridgeportUnited States497
277ZagrebCroatia496
278HaifaIsrael495
279DaejeonSouth Korea493
280HobartAustralia490
281ModenaItaly489
282Cape TownSouth Africa488
283KawasakiJapan487
284UlsanSouth Korea485
285KaohsiungTaiwan483
286SuwonSouth Korea482
287BrnoCzech Republic480
288Bath & NE SomersetUnited Kingdom479
289TriesteItaly478
290LiègeBelgium477
291IzmirTurkey476
292HyderabadIndia475
293ChennaiIndia474
294MedellinColombia469
295AntalyaTurkey467
296MonctonCanada464
297Fredericton - St JohnCanada460
298SouthamptonUnited Kingdom459
299Cedar RapidsUnited States457
300Kingston-Upon-HullUnited Kingdom456
301GranadaSpain452
302LeuvenBelgium450
303GrenobleFrance449
304RochesterUnited States448
305SpringfieldUnited States447
306WuhanChina444
307JeddahSaudi Arabia441
308WilmingtonUnited States440
309TainanTaiwan439
310PamplonaSpain438
311GijónSpain437
312JerusalemIsrael435
313PuneIndia432
314JohannesburgSouth Africa428
315ManilaPhilippines425
316LimaPeru424
317QueenstownNew Zealand423
318Sioux FallsUnited States421
319VilniusLithuania417
320BozemanUnited States416
321SpringfieldUnited States415
322NanjingChina414
323RennesFrance409
324Saint-ÉtienneFrance407
325ReimsFrance406
326MonterreyMexico405
327RouenFrance403
328ChongqingChina401
329SuzhouChina395
330SantiagoChile394
331Kuwait CityKuwait393
332HangzhouChina392
333TianjinChina391
334KievUkraine390
335FujiJapan389
336ParmaItaly386
337BratislavaSlovakia385
338CordobaArgentina384
339Belo HorizonteBrazil381
340WollongongAustralia380
341BurlingtonUnited States377
342TaichungTaiwan376
343LjubljanaSlovenia375
344DijonFrance373
345Le HavreFrance372
346AhmedabadIndia371
347NingboChina367
348KolkataIndia366
349ColomboSri Lanka365
350RiyadhSaudi Arabia363
351TimisoaraRomania358
352BelgradeSerbia356
353AlexandriaEgypt355
354San Jose, Costa RicaCosta Rica352
355CuritibaBrazil351
356BendigoAustralia350
357BallaratAustralia349
358FargoUnited States347
359CheyenneUnited States345
360BillingsUnited States342
361LimogesFrance341
362Bursa, TurkeyTurkey337
363YangzhouChina334
364DongguanChina333
365BrasiliaBrazil331
366MetzFrance330
367ManamaBahrain329
368DalianChina328
369XiamenChina327
370ShenyangChina326
371ChengduChina324
372KosiceSlovakia323
373Porto AlegreBrazil321
374Ho Chi Minh CityVietnam320
375DubrovnikCroatia319
376AdanaTurkey318
377GuadalajaraMexico316
378PueblaMexico314
379RecifeBrazil311
380Guatemala CityGuatemala310
381KarachiPakistan308
382SalvadorBrazil307
383CannesFrance306
384Panama CityPanama305
385FuzhouChina304
386AmmanJordan303
387WuxiChina302
388WenzhouChina299
389JinanChina298
390DurbanSouth Africa295
391KunmingChina293
392QuanzhouChina287
393NanningChina284
394NantongChina279
395MacauChina276
396AjmanUnited Arab Emirates275
397MuscatOman274
398QingdaoChina271
399YekaterinburgRussia269
400Santa Cruz de TenerifeSpain266
401MontevideoUruguay265
402PretoriaSouth Africa262
403HanoiVietnam261
404Xi'anChina259
405ValparaísoChile258
406FoshanChina257
407TaiyuanChina256
408HarbinChina253
409ZhengzhouChina252
410Al-AinUnited Arab Emirates251
411KazanRussia250
412NovosibirskRussia249
413ChisinauMoldova247
414Rostov-na-DonuRussia244
415MinskBelarus243
416JaipurIndia242
417BeirutLebanon237
418NairobiKenya236
419SuratIndia234
420NanchangChina233
421San SalvadorEl Salvador232
422QuitoEcuador225
423FortalezaBrazil223
424LahorePakistan222
425Petaling JayaMalaysia221
426GuimaraesPortugal220
427SarajevoBosnia and Herzegovina219
428TbilisiGeorgia218
429KaliningradRussia217
430Nizhny NovgorodRussia215
431KrasnoyarskRussia214
432SamaraRussia213
433PermRussia212
434TehranIran211
435BakuAzerbaijan209
436San JuanArgentina207
437ZhongshanChina206
438LucknowIndia204
439Santo Domingo, DRDominican Republic202
440HefeiChina201
441Changchun, JilinChina200
442ZhuhaiChina198
443Yantai-WeihaiChina195
444CasablancaMorocco194
445OmskRussia193
446SkopjeMacedonia191
447VladivostokRussia190
448VolgogradRussia189
449CaliColombia185
450BandungIndonesia182
451GuayaquilEcuador181
452KingstonJamaica180
453AstanaKazakhstan179
454MaduraiIndia178
455AlmatyKazakhstan177
456TiranaAlbania175
457Phnom Penh, CamCambodia173
458NassauBahamas170
459DhakaBangladesh166
460RabatMorocco165
461ShantouChina164
462AsuncionParaguay163
463SaratovRussia162
464KharkovUkraine161
465TomskRussia159
466OrenburgRussia156
467CartagenaColombia154
468CaracasVenezuela151
469OdessaUkraine150
470KanpurIndia148
471TunisTunisia147
472LvivUkraine146
473UlaanbaatarMongolia145
474YangonBurma144
475ChittagongBangladesh142
476TolyattiRussia141
477Port LouisMauritius140
478BarnaulRussia138
479DonetskUkraine133
480HavanaCuba132
481TegucigalpaHonduras131
482LagosNigeria130
483DnepropetrovskUkraine129
484DakarSenegal123
485BishkekKyrgyzstan122
486IzhevskRussia120
487La PazBolivia119
488Dar es SalaamTanzania118
489Addis AbabaEthiopia115
490AlgiersAlgeria113
491SevastopolUkraine112
492Port of SpainTrinidad and Tobago111
493DushanbeTajikistan109
494SimferopolUkraine108
495Port HarcourtNigeria106
496LuandaAngola105
497ZaporozhyeUkraine104
498DoualaCameroon103
499KinshasaDemocratic Republic of the Congo98
500KhartoumSudan94

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CEOWORLD magazine - Latest - Stats Gate - Ranked: World’s Most Globalized Cities, 2023
Anna Papadopoulos
Anna Papadopoulos is a senior money, wealth, and asset management reporter at CEOWORLD magazine, covering consumer issues, investing and financial communities + author of the CEOWORLD magazine newsletter, writing about money with an enthusiasm unknown to mankind. You can follow CEOWORLD magazine on Twitter, Facebook, Instagram, or connect on LinkedIn for musings on money, wealth, asset management, millionaires, and billionaires. Email her at info@ceoworld.biz.