Copenhagen projects the image of a sustainable cyclists’ haven that is tolerant and progressive. How is the city positioned in the different indices that study the world’s top cities in terms of sustainability, talent, and entrepreneurship? Let’s explore deeper how Copenhagen positions itself on the world stage, drawing insights from data provided by TPBO partners and other reputable institutions.
Let’s take a closer look at:
- Copenhagen’s competitiveness and financial performance
- Copenhagen’s brand strength and global attractiveness
- Livability: Copenhagen’s appeal for digital nomads and locals
Copenhagen’s competitiveness and financial performance
How attractive is Copenhagen as a place to work and do business?
The Global Financial Centres Index 34 ranks Copenhagen 31st, dropping seven positions from the previous ranking. It is currently sitting between Toronto (30th) and Qingdao (32nd). It also ranked very well in the Fintech (10th) industry sector. Copenhagen holds the 11th position in the Western European region.
According to 2thinknow’s Innovation Cities Index 2022-2023 Copenhagen ranks 30th, a jump of 24 positions from the previous ranking. The city now sits in between Vancouver (29th) and Miami (31st).
Copenhagen’s brand strength and global attractiveness
Which subfactors hurt and help the brand of Copenhagen?
Resonance’s 2023 World’s Best Cities Report ranks Copenhagen 41st, scoring the following in Place Power Highlights: 25th in Labour Force Participation and 22nd for Universities. It currently sits just behind Warsaw (40th), and above Taipei (42nd).
Kearney’s 2023 Global Cities Report ranks Copenhagen 41st, a jump of one position from the previous ranking, sitting right behind Stockholm (40th), and above Seattle (42nd). Also, the city ranks 2nd in the Global Cities Outlook, a jump of six positions since the previous ranking.
The comprehensive ranking of the Global Power City Index ranks Copenhagen 11th. In terms of function-specific rankings, the city ranks 19th in terms of Economy, 28th in R&D, 33rd in Cultural Interaction, 15th in Livability, 2nd in Environment, and 10th in Accessibility. Copenhagen ranks 10th for Average Driving Speed. Lastly, Copenhagen positioned 8th in the Highly-skilled Workers, 9th in the Corporate Executive, 8th in the Resident, and 18th in the Tourism categories.
According to Brand Finance’s City Index 2023, Copenhagen ranks 31st in the global ranking with a score of 70/100, sitting in between Stockholm (30th) and Seattle (32nd).
Livability: Copenhagen’s appeal for digital nomads and locals
Which aspects of Copenhagen’s urban living make it an attractive place to live, work and study?
The Mercer Quality of Living City Ranking places Copenhagen 4th, sitting right behind Auckland (3rd) and above Geneva (5th). The Mercer Cost of Living Ranking ranks Copenhagen 9th sitting just behind Tel Aviv (8th), and above Nassau (10th). The cost living survey reports that factors such as currency fluctuations, cost inflation for goods and services, and instability of accommodation prices are key to determine the cost of expat packages for employees on international assignment.
According to the Best Urban Cities for Digital Nomads ranking by Spot a Home, Copenhagen ranks 46th out of 56 global cities. It currently sits between Zurich (45th) and Milan (47th).
The Arcadis Sustainability City Index 2022 ranks Copenhagen 4th overall, sitting in between Tokyo (3rd) and Berlin (5th). Copenhagen’s pillar rankings are the following: Planet 4th, People 3rd, and Profit 42nd.
Last updated in January 2024. More city benchmarking insights, profiles and reports in our City Observatory.
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