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 statistical 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.
According to a survey carried out in 2024, Sao Paolo was the most attractive financial center in Latin America and the Caribbean in 2024, with a score of ***. The Cayman Islands and Bermuda followed, with *** and *** 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.
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Z/Yen. (April 14, 2025). Leading financial centers in Latin America and Caribbean in 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/370365/leading-financial-centers-latin-america/
Z/Yen. "Leading financial centers in Latin America and Caribbean in 2024." Chart. April 14, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/370365/leading-financial-centers-latin-america/
Z/Yen. (2025). Leading financial centers in Latin America and Caribbean in 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/370365/leading-financial-centers-latin-america/
Z/Yen. "Leading Financial Centers in Latin America and Caribbean in 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 14 Apr 2025, /statistics/370365/leading-financial-centers-latin-america/
Z/Yen, Leading financial centers in Latin America and Caribbean in 2024 ÌÇÐÄÆÆ½â°æ, /statistics/370365/leading-financial-centers-latin-america/ (last visited July 25, 2026)
Leading financial centers in Latin America and Caribbean in 2024 [Graph], Z/Yen, April 14, 2025. [Online]. Available: /statistics/370365/leading-financial-centers-latin-america/