Kuala Lumpur, the capital city of Malaysia, is a vibrant metropolis known for its impressive skyline, rich cultural heritage, and strategic importance in Southeast Asia. The city is a major economic hub and is home to many multinational corporations, leveraging its mature transportation, telecommunications, and technology infrastructure. Its burgeoning digital economy is expected to contribute significantly to the Malaysian economy, accounting for 25% of Malaysia’s GDP by 2025, driven by investments in data centres, cybersecurity, and AI.
But how does Kuala Lumpur fare in terms of sustainability performance, livability, city brand strength, and reputation, according to leading rankings and indices?
Let’s explore:
- Kuala Lumpur’s economic competitiveness and sustainability
- Its city brand strength and reputation
- Appeal for talent, visitors, and locals
Kuala Lumpur’s Economic Competitiveness
According to the Global Financial Centres Index 35, Kuala Lumpur ranks 77th overall, reflecting a positive change of 3 positions from the previous ranking. Additionally, Kuala Lumpur’s FinTech rank is 75th, showing an improvement of 6 positions.
In 2thinknow’s Innovation Cities Index 2022-2023, Kuala Lumpur ranks 163rd, demonstrating a significant improvement with a positive change of 60 positions. This highlights the city’s ongoing efforts in fostering innovation across various sectors.
City Brand Strength and Reputation
The Global Power City Index 2023 ranks Kuala Lumpur 41st overall, whereas Brand Finance‘s City Index 2023 positions it at a respectable 53rd rank.
According to Kearney’s 2023 Global Cities Report, Kuala Lumpur ranks 72nd overall, declining 8 positions. In the Global Cities Outlook ranking, the city is featured in 96th place, increasing by 11 positions, suggesting potential for future growth.
How Appealing to Live, Work, Study?
The Mercer Quality of Living City Ranking places the Malaysian capital 86th, whereas the Mercer Cost of Living Ranking ranks it 180th, showing a slight increase of 1 position. This reflects its relative affordability compared to other major global cities.
Lastly, Kuala Lumpur is home to numerous educational institutions. According to the Times Higher Education ranking, Universiti Kuala Lumpur ranks within the 1501+ range. The QS World University Ranking places Universiti Kuala Lumpur within the 1001-1200 range.
Sustainability Performance
The Arcadis Sustainability City Index 2022 ranks Kuala Lumpur 71st overall, with room for improvement across the board.
Last updated 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 Kuala Lumpur’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.
