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8. Stockholm

Per-capita GDP: $61,458

Stockholm is the capital and largest city in Sweden. As the country’s financial center, it’s home to such major national banks as Handelsbanken, Skandinaviska Enskilda Banken and Swedbank, as well as such insurance companies as Skandia and Trygg-Hansa.

Of all the venture capital investments in Sweden, more than one-third are in Stockholm. While most of these are in the areas of electronics and information technology, the largest individual investments are in biotechnology, chemicals and industry, according to a Johns Hopkins University study. But who cares about all that when H&M has its headquarters there?

Ellen Rooney | Robert Harding World Imagery | Getty Images