Every year, London hosts the Soft Power Summit, where Brand Finance presents the Global Soft Power Index—a large-scale study of countries’ reputations. Brand Finance is a leading international consultancy specialising in brand valuation and strategic brand management.
The Global Soft Power Index is the only global ranking that assesses countries’ awareness, reputation, and influence based on culture, diplomacy, business, science, sport, and other intangible assets. The research is based on a survey of over 170,000 respondents across more than 100 countries, making it a unique tool for analysing nations’ international image.
Ukraine has been part of this ranking for five years. And the dynamics of our position over that period tell an interesting story.
Ukraine and Soft Power: What do the last five years’ dynamics show?
If you look at the overall trend, it may seem as though we have returned to the 2020 level: after a sharp rise in 2022–2023, our ranking began to decline in 2024. But what is behind that?
The strongest growth is in Ukraine’s awareness, which rose from 45th place in 2020 to 15th in 2023. The reason is obvious: the information shock linked to the full-scale war made Ukraine one of the most widely discussed countries in the world. The indicator of influence also increased significantly—global economics and international relations could not ignore what was happening in our country.
But can this be considered stable success? Here it is important to understand two key issues:
Ukraine is gradually moving out of the global news agenda—interest is declining, even if it remains relatively high.
Ukraine’s reputation remains unstable—we are still largely perceived through the lens of war, rather than as an independent brand with distinct values of its own.
How does Ukraine look compared to other European countries?
When we compare Ukraine with other European countries, we see that our awareness has grown significantly, but reputation and trust remain weak points. For example, countries with a similar overall Soft Power Index—such as Greece or Portugal—demonstrate much higher reputation scores.
As global media attention to Ukraine decreases, this may further affect our position in the future unless additional brand-strengthening strategies are activated.
The key task now is to convert the emotional impulse into a long-term, strategic development of the country’s image.
Can Soft Power be managed?
Traditionally, a state’s power in international relations was assessed through military or economic strength. Hard Power works through coercion—military action, economic sanctions, or diplomatic pressure. However, the modern world increasingly relies on Soft Power: the ability to influence without coercion, through cultural impact, international trust, compelling narratives, and the natural attractiveness of a country.
One of the key instruments of Soft Power is place branding—a strategic approach to building a recognizable and attractive image of a country, its cities, and its regions. By developing territorial brands, a country can attract investors, tourists, and talent, and strengthen its international reputation.
How does place branding work?
Place branding is not just an advertising campaign or a country logo. It is a strategic approach to shaping a recognisable and attractive image for investors, tourists, talent, and citizens themselves. The main goal is not only to create positive perception, but also to attract resources, people, and opportunities.
Global research shows that 24–26% of decisions about investment, relocation, or travel are based on emotional perception of a place. That is why the Soft Power Index is a powerful and relatively objective indicator of place-branding effectiveness.
How do you build it?
There are two main levels of work: the national image of the country and the branding of cities. Cities are often the first points of contact with the outside world, and a successful city brand automatically contributes to the country’s overall image.
Why is city branding important for the country’s image?
Perception of a country as a brand depends on many factors, including the economy, political stability, and international positioning. Research shows that the positioning and unique identity of each city make a significant contribution to the overall image of the state. Some cities, with exceptionally strong brands, even become locomotives for how the whole country is perceived.
Let’s look at a few successful global examples, including not only capitals but also cities that have significantly shaped perceptions of their countries through distinct branding strategies.
Barcelona: Once an industrial city, Barcelona in the 1990s bet on cultural and tourism development. A turning point was hosting the 1992 Olympic Games, which triggered large-scale urban infrastructure renewal and increased international appeal. The city actively developed cultural branding by supporting art, festivals, gastronomy, and Gaudí’s recognisable architecture. As a result, Barcelona became one of Europe’s most visited tourist centres and a symbol of the Mediterranean lifestyle—positively influencing Spain’s international image.
Lyon: France’s third-largest city has a vivid historic centre and a unique legacy: cinema originated here thanks to the Lumière brothers. Yet for a long time Lyon remained in the shadow of more famous French destinations, especially Paris.
The city government took an unconventional branding route by launching an illumination project—over 200 buildings and public spaces received unique artistic lighting. Over time, this evolved into a Festival of Lights known across Europe, attracting over 4 million tourists annually.
But the city’s goals went beyond tourism. The next step was establishing the Lyon Area Economic Development Agency, focused on investor attraction and business-environment development. One of the most interesting initiatives was an ambassador network among business leaders, entrepreneurs, and public figures who promoted Lyon within their professional circles. Today, the network includes over 25,000 ambassadors. Lyon ranks first among French cities for doing business and is one of Europe’s most popular short-break destinations.