Moscow rises two positions in the ranking of global cities by Kearney

Moscow moved up two places to 18th position in a highly regarded annual Global Cities Index 2021 by Kearney.

In the ranking, which assesses the level of globalization of 156 cities around the world, Moscow was ranked between Seoul and Madrid and overtook such cities as Rome, Toronto and Amsterdam. The five leaders of the ranking are New York, London, Paris, Tokyo and Los Angeles, said Vladimir Efimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations.

The Deputy Mayor underlined, “Moscow’s position in the top twenty global cities is the result of continuous improvement of the capital’s business climate, investment attraction policy, as well as the traditionally high level of culture and sports. For example, Moscow has the highest number of the museums among the world’s cities. Kearney notes that the growth of the digital economy and advanced tech during the pandemic has become the main factor of cities’ positive dynamics in the ranking.”

Thus, at the beginning of the pandemic in spring of 2020 Moscow successfully used digital services and platforms, including digital government services for citizens and business, which are actively used even after the lifting of the major pandemic related restrictions.

“Moscow ranked the first in the metrics of the healthcare evolution and number of university-sponsored incubators. The indicators evaluate the potential of cities to become global hubs in the future”, said Kirill Purtov, Minister of the Moscow Government, Head of the Department for Economic Policy and Development.

Kearney is a global management consulting firm publishing the Global Cities Index since 2008. The Index analyzes the performance of the largest world cities in terms of human capital, political engagement, business activity, information exchange and cultural experience. Moscow has been holding its position in the top twenty Global cities for nine years since 2012, the Minister noted.