Seoul City Ranks 6th in Global Urban Competitiveness for 2024... Approaching Goal of 5th Place

Seoul was ranked 6th among 48 major cities in the 2024 'Global Power City Index' overall ranking.

According to Seoul City on the 11th, Seoul received the sixth highest score in this year's 'Global Power City Index (GPCI)' released by the Japanese private organization Mori Memorial Foundation.

Seoul Mayor Oh Se-hoon briefing the Seoul vision aiming for 5th place in global city competitiveness. Photo by Seoul City

The GPCI is an index that comprehensively analyzes and evaluates cities based on six areas: economy, research and development, cultural interaction, livability, environment, and accessibility, using 26 evaluation items and 70 indicators.

Seoul started at 13th place when the GPCI was first published in 2008 and rose to 6th place in 2012. However, it fell to 8th place consecutively in 2020 and 2021, before rising back to 6th place this year.

Mayor Oh aims for Seoul to be ranked 5th in global urban competitiveness. Seoul City is promoting various policies to expand housing supply through revitalizing redevelopment and reconstruction projects to ensure residential stability, and to enhance urban transportation infrastructure with initiatives such as the Climate Companion Card, Hangang Bus, and autonomous dawn companion buses.

The overall rankings from 1st to 5th remained the same as last year. 1st place is London, UK; 2nd New York, USA; 3rd Tokyo, Japan; 4th Paris, France; and 5th Singapore. The 7th to 10th places are Amsterdam, Netherlands; Dubai, United Arab Emirates (UAE); Berlin, Germany; and Madrid, Spain, respectively.

Mayor Oh stated, "In a situation where political turmoil is causing a contraction in consumption and investment and economic difficulties are intensifying, all Seoul city officials will continue to do their best in their respective positions to take care of the daily lives of citizens."

This content was produced with the assistance of AI translation services.