FRIDAY, OCTOBER 16, 2026|No. 18925
Finance · Technology

Seoul Climbs to Seventh in Global Financial Hub Rankings

Seoul has ascended to the seventh position globally in the latest Financial Centers Index, also achieving its highest-ever ranking in fintech.

Seoul's skyline represents its growing prominence in global finance.
Seoul's skyline represents its growing prominence in global finance.
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Seoul ranked seventh among 139 cities in the latest Global Financial Centers Index, up one spot from March, the Seoul Metropolitan Government said.

The capital also ranked seventh in fintech, its highest-ever position in the category, placing Seoul among the world’s top seven financial centers in both overall and digital finance competitiveness.

The GFCI, released by London-based consultancy Z/Yen Group, assesses financial centers based on business environment, human capital, infrastructure, financial-sector development and reputation. It combines quantitative data with surveys of financial professionals worldwide and is published twice a year.

Seoul’s overall ranking has steadily improved, rising from 53rd in 2009 to 12th in 2022. It remained around 10th or 11th through 2025 before climbing to eighth in March and seventh in the latest assessment.

New York topped the latest ranking, followed by London and Hong Kong.

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