Addis Ababa, the capital city of Ethiopia, stands as a dynamic and rapidly growing metropolis with a rich historical legacy and a vibrant cultural scene. As a central hub for economic activity in East Africa, the city boasts a diverse economy driven by key industries such as government, services, and textile manufacturing. In recent years, significant investments in vital infrastructure, telecommunication, and renewable energy projects are driving economic growth, enhancing connectivity, and modernizing the city.
But how does it fare in terms of economic performance, city brand strength, and reputation, according to leading rankings and indices?
Let’s explore:
- Economic competitiveness and financial performance
- City brand strength and global reputation
- How appealing it is for talent, visitors, and locals
Economic Competitiveness
In 2thinknow’s Innovation Cities Index 2022-2023, Addis Ababa ranks 489th, decreasing eight positions, highlighting that, like many other cities in the region, there is significant room for improvement in innovation.
City Brand Strength and Reputation
According to Kearney’s 2023 Global Cities Index, Addis Ababa ranks 95th overall, showing an improvement of four positions, indicating a positive trend in its global city status. The same firm’s 2023 Global Cities Outlook ranks Addis Ababa 145th, rising one position, suggesting a stable outlook.
How Attractive Is It as a Place to Live, Work, and Study?
The Mercer Quality of Living City Ranking places Addis Ababa 225th. The Mercer Cost of Living Ranking ranks it 194th, increasing 20 positions.
Ethiopia’s capital is home to respected educational institutions in the region, though not internationally. According to the QS World University Ranking, Addis Ababa University is ranked within the 851-900 range.
Last updated in June 2024. Explore more city profiles here.
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Disclaimer: The information in this article is intended to provide a general overview of Addis Ababa’s economic and cultural landscape and facilitate comparison over time. While we strive for accuracy and completeness, we are not responsible for any typographical errors or inaccuracies. The data is provided ‘as is’ without warranty of any kind. Users should verify any information before relying on it for decision-making purposes.
