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BPC Europe 2017 cover

Best-Performing Cities Europe

Dec 04, 2017

By Jessica Jackson and Minoli Ratnatunga with Ross DeVol


The Milken Institute’s inaugural Best-Performing Cities Europe index, released today, provides a way to measure which European regions offer the greatest opportunities for prosperity across the continent. The ranking measures metropolitan areas’ economic performance using outcomes-based metrics including job creation, wage gains, manufacturing, and skilled service industry concentration.

Inner London-East, with its dynamic economy, flourishing information and communication technology sectors, and skilled international workforce is Europe’s Best-Performing City, according to our Index. In fact, three of London’s component regions classified by Eurostat’s Nomenclature of Territorial Units for Statistics ranked among the top tier of 279 regions evaluated in the report released today.

Stockholm, with its thriving tech community and advanced manufacturing sector, ranked a close second, while Budapest, which has been creating new jobs at an unparalleled pace, came in third. Overall, five U.K. cities/regions ranked in the top-20 while four were in Poland.

Best-Performing Cities-Europe Rankings

Rank

Large Cities/Regions

1

Inner London-East, United Kingdom

2

Stockholm, Sweden

3

Budapest, Hungary

4

Pomorskie, Poland (includes Gdańsk)

5

Nord-Vest, Romania

6

Dolnoslaskie, Poland (includes Wrocław)

7

Berkshire, Buckinghamshire, and Oxfordshire, United Kingdom

8

Oberbayern, Germany (includes Munich)

9

Outer London-West and North West, United Kingdom

10

Yugozapaden, Bulgaria (includes Sofia)

11

Östra Mellansverige, Sweden

12

Jihovýchod, Czech Republic

13

Berlin, Germany

14

Leicestershire, Rutland, and Northamptonshire, United Kingdom

15

Eastern and Midland, Ireland (includes Dublin)

16

Bucuresti, Romania (includes Bucharest)

17

Wielkopolskie, Poland (includes Poznań)

18

Derbyshire and Nottinghamshire, United Kingdom

19

Hovedstaden, Denmark (includes Copenhagen)

20

Malopolskie, Poland (includes Krakow)

 


Media Inquiries

Geoffrey Baum
Director, Media Relations
gbaum@milkeninstitute.org