The Global Startup Ecosystem Index by StartupBlink has been updated annually since 2017 and ranks the startup ecosystems of:
The Global Startup Ecosystem Index (GSEI) is built using hundreds of thousands of data points processed by an algorithm which takes into account several dozen sets of parameters that can be found in detail in the methodology section of the report.
In addition to the supplementation of data from various sources and global data partners, our Ecosystem Index is integrated with the interactive and crowdsourced StartupBlink Global Startup Ecosystem Map. This map, updated since 2013, provides a strong sample of the stakeholders in each startup ecosystem.
Add your startup-related entity to Global Startup Ecosystem Map using this link.
The Index is used annually by hundreds of thousands of startup founders, startup ecosystem developers, corporations, and other stakeholders to support critical decisions on policy-making, strategy, relocation, and investment.
There are multiple sources of data used to build the index. The global map is crowdsourced for anyone to add their startup-related entity. StartupBlink also works closely with numerous global data partners, such as Crunchbase, SEMrush, Statista, Meetup, and BrightData to supplement data from these unique sources. In addition, we have partnered with more than 100 Ecosystem partners, most of which are government agencies, and receive data about their ecosystems. You can join them to represent your ecosystem at no cost here.
Interactive ranking tables on all ecosystems, including the 1,000 top ranked cities worldwide, are available here. Users with PRO Access can download excel databases of the raw data, and use additional filters to view regional rankings, industry rankings, ranking by population, and more. We would like to thank our Pro users for supporting independent innovation research and making this Index possible.
Unlock the interactive tables showcasing startup ecosystem ranking of 1,000 cities and 100 countries with StartupBlink Pro.
Unlike previous years, this year’s Global Startup Ecosystem Index Report is focused on core rankings and will not dive into alternative rankings. Those extensions include ranking by industry and subscore, ranking absolute power of startup ecosystems, and analysis of the variety of ranked startup ecosystems per country. Those rankings are available via excel to StartupBlink Pro users and will be partly released as separate reports throughout the year. To be notified every time we release a new report, subscribe to our newsletter.
The structure of this report is as follows. We start with an overview of the current state of the global startup ecosystem, identifying key trends and events. Initially, we present the methodology and the key insights of the Index. We proceed by providing an analysis at the regional level where power shifts between regions are revealed. We then introduce each of the top 100 ranked countries, with a ranking analysis and a general country ecosystem overview. This is followed by the Contender Ecosystem section where we highlight countries that, although did not make the top 100, are great candidates to enter the rankings next year. We conclude with startup ecosystem case studies of our partnered cities.
This year’s report continues our tradition of introducing new analyses that we believe our readers will be excited about.
First, we have introduced a new section: The Current State of the Global Startup Ecosystem. This expert analysis highlights the major global shifts and events that happened in startup ecosystems, such as the rise and fall of certain industries or geopolitical events.
Second, all our ranking trends now show data points across four years (2020-2023), instead of three years. This extended analysis can be viewed in our key insights section and also on each of the country profiles.
The views presented in this report belong to StartupBlink and are not necessarily shared by any of our partners or advisors. This report is opinionated by design, based on our consulting experience and hundreds of conversations with ecosystem stakeholders. Some of those opinions may be proven wrong.
We would like to thank our talented data contributors from around the world who help us improve the accuracy of the Index. If you are interested in joining them, please apply here.
Introducing the Testimonials from Government Officials for Global Startup Ecosystem Index 2023
The Global Startup Ecosystem Index 2023 has received significant recognition from government officials worldwide who have witnessed the transformative power of vibrant startup ecosystems.
“The Informal Economy, Startup and Entrepreneurship National Policy is being crafted with a view to create an enabling environment for private sector entrepreneurial start-ups and growth-oriented MSME’s. Our Government is committed to implementing targeted programs that can create new opportunities for our young people, where youth unemployment is what keeps me up at night. It is the entrepreneurs who are at the center of economic growth and job creation – the private sector remains the engine of growth and ultimate creator of wealth and jobs in Namibia”.
Namibia’s President, His Excellency, Dr. Hage G. Geingob
“The impressive rise in the StartupBlink rankings is a testament to the dedication, creativity, and enthusiasm of our talented Cape Verdean entrepreneurs. By fostering an ecosystem that empowers startups and embraces innovation, the Government has created the ideal conditions for growth and success. I express my sincere gratitude to StartupBlink for recognizing our progress and openly inviting investors and partners from around the world to join us on this transformative path. With the opening of our technology park, we are confident that the upcoming years will be even better. We want Cape Verdeans and Africans to celebrate their talent in Cabo Verde, and we want to present ourselves to the world as a gateway to the growing tech scene in Africa. We are Cabo Verde, the tech islands of West Africa.”
Prime Minister of Cabo Verde, Dr. José Ulisses Correia e Silva
“StartupBlink’s latest index confirms that Lithuania’s startup ecosystem is on a steady upward trajectory. With impressive growth in cities such as Vilnius with a jump of 7 spots, Kaunas with a jump of 13 spots and Klaipėda with an incredible jump of 195 spots in the Global Startup Ecosystem Index, the country is quickly establishing itself as a hub for innovation and entrepreneurship. With a highly educated workforce, modern infrastructure, and favorable business environment, Lithuania offers investors a unique opportunity to be part of a dynamic and forward-thinking startup community.”
Aušrinė Armonaitė – Ministry of the Economy and Innovation of the Republic of Lithuania
Download the Global Startup Ecosystem Index 2023 today to discover the latest insights on the startup ecosystems of 1,000 cities and 100 countries.
StartupBlink is the world’s most comprehensive startup ecosystem map and research center, working with over 100 government entities worldwide. StartupBlink’s global startup ecosystem map has tens of thousands of registered startups, coworking spaces, and accelerators, creating a robust sample of innovation globally.