The index is based on changes in four main metrics: population, economic growth, job vacancies and house prices over the past three years.ĭubai witnessed an increase in its population by 5.8% between 20, while house prices increased by 11.9% during the same period. “We thank all the government and semi-government entities, as well as private sector partners, who have united as one team to raise Dubai's global standing across various sectors.”Īccording to the economic performance index, Dubai outperformed cities such as New York, London and Tokyo. “This great achievement can be attributed to the visionary leadership of His Highness Sheikh Mohammed Bin Rashid Al Maktoum and the ambitious targets set by the Dubai Economic Agenda D33, which has supported Dubai in its goal to become one of the world's leading urban economies.

Sheikh Hamdan said on Twitter, 'According to The Economist recent index, Dubai secured the third position among ten prominent global cities, reflecting its performance over the last three years.

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, said on Friday that Dubai ranked third in the world in the Global Economic Performance Report issued by The Economist.

Global city performance index