Latest news with #OxfordEconomicsGlobalCitiesIndex
Tatler Asia
4 days ago
- Business
- Tatler Asia
This Asian city is the only one among the top 10 best global cities in the world
The Oxford Economics Global Cities Index ranked 1,000 top global cities in 2025 and only one Asian city has made it to top 10—is it your hometown? The Oxford Economics Global Cities Index ranked 1,000 top global cities in 2025 and only one Asian city has made it to top 10—is it your hometown? The Oxford Economics Global Cities Index recently published its ranking of 1,000 top global cities in 2025 and there's only one Asian city in the top 10: Tokyo at ninth position. Despite Asia's economic powerhouse status, this comprehensive ranking of 1,000 cities worldwide shows a significant gap between Asia's leading urban centres and their Western counterparts. While New York retains the crown followed by London and Paris, Seoul is at 15th place and Singapore sits at 21st—the only two cities, apart from Tokyo, to be on the top 50 list. The United States dominates the rankings, claiming seven of the top 10 spots and 16 positions in the top 50. Australia also performs strongly with four cities in the top 50, while European cities are well-represented throughout the upper tiers. The methodology is based on economic dynamism, environmental sustainability, governance, human capital development and quality of life considerations. Read now: These are the world's most powerful passports in 2025
Time Out
21-05-2025
- Business
- Time Out
Woo! Melbourne has ranked sixth in a new global list of the best cities by economic experts
It's no secret that whenever Melbourne makes it onto any global list, we love to shout it from the rooftops. Now, Melbourne has claimed another achievement that's truly worth celebrating, ranking in the top ten on a worldwide list of the best cities. You don't need to tell us that our city is among the best of the best – but it's lovely to be reminded. The 2025 Global Cities Index assesses 1,000 of the largest cities worldwide in determining the rankings, and Melbourne was named sixth in the whole wide world. Our city jumped up from ninth place in 2024, proving that it continues to go from strength to strength. To compile the rankings, researchers at Oxford Economics scored each city on 27 indicators across five categories, including Economics, Human Capital, Quality of Life, Environment and Governance. Cities were scored under each of these pillars, then the results were combined to reveal the world's top-performing cities overall. Melbourne once again took the crown as the highest-ranking Australian city and overtook heavyweights like San Francisco, Los Angeles and Tokyo. The Victorian capital truly shone in the Human Capital category, where it ranked 12th globally – largely thanks to its high-quality universities and fast-growing economy that's attracted many foreign workers. Melbourne also secured a spot in the top 20 cities for Economics, ranked in the top ten per cent for Environment and tied with Sydney as Australia's highest-ranked city for Governance in 15th place. Topping the entire list was New York in the United States, followed by London, then Paris – a predictable top three. San Jose (the home of Silicon Valley) came in at the fourth spot in the rankings, followed by Seattle rounding out the top five. The report flagged that some of Melbourne's top strengths contributing to its high ranking were its world-class healthcare system, low crime rate, low environmental emissions, stable climate and the multicultural population. But it did also highlight that one of our city's main weaknesses is the increasingly unaffordable housing prices (as is the case in most Australian cities), due to the fast-growing population. Sydney followed very closely behind on the list, ranking seventh in the world, making an impressive jump from 16th place, and Brisbane was ranked 23rd, Perth and Canberra dropped slightly compared to their placings in 2024, coming in at the 31st and 52nd spots respectively. You can find a full list of Australia's rankings in Oxford Economics' Global Cities Index here. The 2025 top ten cities in the world, according to the Oxford Economics Global Cities Index: New York, United States London, England Paris, France San Jose, United States Seattle, United States Melbourne, Australia Sydney, Australia Boston, United States Tokyo, Japan San Francisco, United States
