Astana, the capital of Kazakhstan, was rated the most attractive financial center in Eastern Europe and Central Asia in 2023. It was followed Prague and Warsaw. To compare, Moscow had a Global Financial Centers Index (GFCI) rating of 605. The rating is based on an index incorporating numerous factors, including business environment, human capital, taxation, and infrastructure, among others. The overall highest rating on the global financial center ranking that year was 760.
Leading financial centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index score
The private institute Z/Yen has constructed an index for financial center rating, in which a multitude of factors are integrated. Important areas of competitiveness are, among others, business environment, human capital, taxation and infrastructure. Using an online questionnaire, respondents provide assessments of financial centers on which a rating is then calculated. More details of the methodology can be found in the original report.
*Include professionals in the following sectors: banking, investment management, insurance, professional services, government & regulatory, finance, fintech, and trading.
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Z/Yen. (March 23, 2023). Leading financial centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index score [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/381183/leading-financial-centers-eastern-europe-central-asia/
Z/Yen. "Leading financial centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index score." Chart. March 23, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/381183/leading-financial-centers-eastern-europe-central-asia/
Z/Yen. (2023). Leading financial centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index score. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/381183/leading-financial-centers-eastern-europe-central-asia/
Z/Yen. "Leading Financial Centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index Score." Statista, Statista Inc., 23 Mar 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/381183/leading-financial-centers-eastern-europe-central-asia/
Z/Yen, Leading financial centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index score Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/381183/leading-financial-centers-eastern-europe-central-asia/ (last visited November 10, 2024)
Leading financial centers in Eastern Europe and Central Asia as of March 2023, by Global Financial Centers Index score [Graph], Z/Yen, March 23, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/381183/leading-financial-centers-eastern-europe-central-asia/
