According to a survey carried out in 2022, Cayman Islands was the most attractive financial center in Latin America and the Caribbean in 2022, with a score of 618. Santiago and Bermuda followed, with 615 and 604 points, respectively. The ranking is based on an index where a multitude of factors are integrated. Important areas of competitiveness are, among others, business environment, human capital, taxation and infrastructure.
Leading financial centers in Latin America and Caribbean in 2022
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The source adds the following information: The ratings were based on a factor assessment model, which involved taking two sets of ratings - one from survey respondents and one generated by a statsitical model - and combining them into a single ranking. The online survey used a 10 point scale in which respondents rated each financial center as a place to do business. The factors calculated in the statistical model include - among others - business environment, human capital, infrastructure, financial sector development, reputational and general measures.
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Z/Yen. (March 23, 2023). Leading financial centers in Latin America and Caribbean in 2022 [Graph]. In Statista. Retrieved July 04, 2024, from https://www.statista.com/statistics/370365/leading-financial-centers-latin-america/
Z/Yen. "Leading financial centers in Latin America and Caribbean in 2022." Chart. March 23, 2023. Statista. Accessed July 04, 2024. https://www.statista.com/statistics/370365/leading-financial-centers-latin-america/
Z/Yen. (2023). Leading financial centers in Latin America and Caribbean in 2022. Statista. Statista Inc.. Accessed: July 04, 2024. https://www.statista.com/statistics/370365/leading-financial-centers-latin-america/
Z/Yen. "Leading Financial Centers in Latin America and Caribbean in 2022." Statista, Statista Inc., 23 Mar 2023, https://www.statista.com/statistics/370365/leading-financial-centers-latin-america/
Z/Yen, Leading financial centers in Latin America and Caribbean in 2022 Statista, https://www.statista.com/statistics/370365/leading-financial-centers-latin-america/ (last visited July 04, 2024)
Leading financial centers in Latin America and Caribbean in 2022 [Graph], Z/Yen, March 23, 2023. [Online]. Available: https://www.statista.com/statistics/370365/leading-financial-centers-latin-america/