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The?Times Higher Education?World University Rankings 2016-2017 list the 980 top universities in the world, making it our biggest international league table to date. It is the only global university performance table to judge world class universities across all of their core missions ¨C teaching, research, knowledge transfer and international outlook.

The top universities rankings use 13 carefully calibrated performance indicators to provide the most comprehensive and balanced comparisons available, which are trusted by students, academics, university leaders, industry and governments. The calculation of the rankings for 2016-2017 ?has been subject to independent audit by professional services firm PricewaterhouseCoopers (PwC).

View the?World University Rankings 2016-2017 methodology

For the first time this year, more than half a million books and book chapters have been included in the analysis of 11.9 million research outputs, meaning that arts and humanities research is better represented than ever before. This year¡¯s ranking, which includes institutions from 79 countries, represents an elite 5 per cent of the world¡¯s higher education institutions.?

This year¡¯s list of the best universities in the world is led by a UK university for the first time in the 12-year history of the table; the University of Oxford is the world¡¯s number one university, knocking five-time champion the California Institute of Technology (Caltech) into second place. It is the first time a US institution does not take the top spot. However, the North American powerhouse still dominates the list with 148 universities in the top 980 and 63 in the top 200. The rest of the top five is filled by Stanford University in third, the university of Cambridge in fourth, and Massachusetts Institute of Technology (MIT) in fifth.

Elsewhere in the West, Switzerland¡¯s ETH Zurich ¨C Swiss Federal Institute of Technology Zurich, has cemented its position in the top 10, landing at ninth for the second year in a row; last year the institution became the first non-Anglo-American institution to make the world rankings top 10 for a decade. Germany has also performed well in the table thanks to its institutions producing highly influential research, with 41 institutions overall, 22 of which make the top 200 and nine of which make the top 100, up from seven. Meanwhile, the Netherlands¡¯ 13 leading research-intensive universities have all made the top 200; it is the first time they have all made this elite group.

But institutions in France, Italy and Spain and many parts of central and eastern Europe are losing ground as Asia continues its ascent; the world university rankings prove that Asia¡¯s improvement in higher education is real and growing. Overall, 289 Asian universities from 24 countries make the ranking and an elite 19 land in the top 200, up from 15 last year. China¡¯s Peking University joins the top 30 in 29^th?place (up from 42^nd?last year), while Tsinghua University joins the top 40 in 35^th?place (up from joint 47^th). Five of Hong Kong¡¯s six representatives make the top 200 ¨C more than any other Asian region ¨C while South Korea has also made great strides. And the National University of Singapore (NUS), Asia¡¯s top university, is at 24^th?¨C its highest ever rank.

Read our full analysis of the World University Rankings 2016-2017 results

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To unlock the data behind É«ºÐÖ±²¥¡¯s rankings, and access a range of analytical and benchmarking tools, contact data@timeshighereducation.com