{"id":17909,"date":"2023-02-28T07:29:23","date_gmt":"2023-02-28T07:29:23","guid":{"rendered":"https:\/\/www.startupblink.com\/blog\/?p=17909"},"modified":"2023-02-28T09:44:55","modified_gmt":"2023-02-28T09:44:55","slug":"the-top-30-countries-by-absolute-power-in-2022","status":"publish","type":"post","link":"https:\/\/www.startupblink.com\/blog\/the-top-30-countries-by-absolute-power-in-2022\/","title":{"rendered":"The Top 30 Countries by Absolute Power in 2022"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">What is Absolute Power?<\/h2>\n\n\n\n<p>Generally, <a href=\"https:\/\/lp.startupblink.com\/report\/?utm_source=blogs&amp;utm_medium=blogs&amp;utm_campaign=report\">StartupBlink\u2019s GSEI<\/a> scoring algorithm calibrates the countries&#8217; total score to their population size to check the startup outputs of countries per capita.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The \u201cAbsolute Power\u201d algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population size.&nbsp; Hence countries with larger populations, such as China, India, Brazil, and Japan, are expected to have higher positions in this alternative ranking. In this report, we expand on the findings of StartupBlink\u2019s Global Startup Ecosystem Index 2022 and analyze the top 30 countries with the highest Absolute Power in 2022. This report also shows that despite the fact that countries with large populations do have a better rank for Absolute Power, this does not guarantee a top position.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>With StartupBlink Pro, you can filter rankings based on population to compare your ecosystem\u2019s performance with your peers.<\/strong><\/h3>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/lp.startupblink.com\/pro-map\/?utm_source=blogs&amp;utm_medium=blogs&amp;utm_campaign=Pro\">Purchase startupbl\u0131nk pro<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Insights in the&nbsp; Top 30 Countries by Absolute Power<\/strong><\/h2>\n\n\n\n<iframe title=\"StartupBlink Top 30 Countries by Absolute Power\" aria-label=\"Table\" id=\"datawrapper-chart-UH9qN\" src=\"https:\/\/datawrapper.dwcdn.net\/UH9qN\/5\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"1275\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(e){if(void 0!==e.data[\"datawrapper-height\"]){var t=document.querySelectorAll(\"iframe\");for(var a in e.data[\"datawrapper-height\"])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data[\"datawrapper-height\"][a]+\"px\"}}}))}();\n<\/script>\n\n\n\n<h3 class=\"wp-block-heading\">The United States maintained its position as the leading country<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/nR8GjDNYCxUoFyMGk-OyuOsD9MEivUC4CylcY63sW-FdDl92DUpd-7X8wp553wdbQkbSXePwWVBLq6UBO1kTHDZN1hvOjR1-R9OE5duYTl4DkZXBs2rlYcgVZeFEr4TFng8A2zhOjaA9QUhENVAHRBg\" alt=\"\"\/><\/figure>\n\n\n\n<p>Although the <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/united-states\">United States<\/a> population is approximately a quarter of the population of China and India, it still sits in first place on the Absolute Power rankings. This consistency in United States\u2019 rankings shows that its startup economy is significantly better than the ones of China and India, regardless of population.<\/p>\n\n\n\n<p>Another important point to highlight about the United States and <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/china\">China <\/a>is the huge total score gap between the two countries. China\u2019s total score is 81.35% less than the United States.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The United Kingdom maintains its high ranking<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/peyNv8AwNco_qRinyiUzHcOpjXZL5vSnup3Tr-bgT0u9ONQVWfUeZ3gi65n9kIPfdgANjm_yqXmbfqWPqMbf93IIbyzM-JmX4rGCzzg3RCe_uXypkv4791QSP07xAPB5LM6HU4MWHVdKP1-plJZQ0hE\" alt=\"\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/united-kingdom\">The United Kingdom<\/a> is ranked 2nd in the Index and 3rd in the Absolute Power rankings. Considering that The United Kingdom\u2019s population is relatively smaller compared to the populations of <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/japan\">Japan<\/a>, <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/india\">India<\/a>, and <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/germany\">Germany<\/a>, a drop of only 1 spot attests to the strength of this ecosystem.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">China and India climbed 8 and 15 spots, respectively<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/r-9kEoBWSq18dX8RhnFv4SjfDNCbi5sxeTEywCQQDlBX_mCBG0tIJjoZ18C5acXpdqiS84xtI_qG54NWivNKudP6mwsIKjXU1k7uGSowNwjQXW6ZMXvmSIh5sfMVeADmap42L9C8skSTcErcdS9wVhs\" alt=\"\"\/><\/figure>\n\n\n\n<p>China and India are two of the most populous countries in the world. Unsurprisingly, in Absolute terms, these countries have better rankings. China moved from 10th to 2nd position, and India moved from 19th to 4th.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">In the Global Rankings, Ukraine, Indonesia, Turkey, and Brazil perform below their potential<\/h3>\n\n\n\n<iframe title=\"StartupBlink Global vs. Absolute Rank in 2022\" aria-label=\"Range Plot\" id=\"datawrapper-chart-J0Wdy\" src=\"https:\/\/datawrapper.dwcdn.net\/J0Wdy\/4\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"674\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(e){if(void 0!==e.data[\"datawrapper-height\"]){var t=document.querySelectorAll(\"iframe\");for(var a in e.data[\"datawrapper-height\"])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data[\"datawrapper-height\"][a]+\"px\"}}}))}();\n<\/script>\n\n\n\n<p>Compared to their Global rankings, Ukraine, Indonesia, Turkey, and Brazil have higher positions in the Absolute Power rankings. <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/ukraine\">Ukraine <\/a>moved from 50th to 27th, <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/indonesia\">Indonesia <\/a>from 38 to 17, <a href=\"https:\/\/www.startupblink.com\/organizations\/turkey\">Turkey <\/a>from 46 to 27, and <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/brazil\">Brazil <\/a>from 26 to 9. These countries are underutilizing their potential, as they only rank better when the total output is considered, and with the adjustment in the algorithm, smaller countries are ranked above them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Gap Between Singapore and Indonesia Narrowed Down by 30 spots<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/IptL-SwGs8PDU1kv7Uv3OYxuCmCVTT6wyeLi8eqtGdv19f0e5_jnzM_3IpIaSz3zYMY8c_sSmg6l5-54Dx1ODWXxGJlZs4czfgmSc9gR5zWBO6o3IL1jmOkoBeCUUDJhU3-BvtI5ox3COyu23UQDViM\" alt=\"\"\/><\/figure>\n\n\n\n<p>In the Global Rankings, <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/indonesia\">Indonesia<\/a> ranks 38th which is 31 spots below <a href=\"https:\/\/singapore.startupblink.com\/\">Singapore<\/a> (ranked 7th globally). When the two countries are compared in Absolute Terms, Indonesia is 1 spot below Singapore, so the gap between the two countries is narrowed. However, it is important to note that Indonesia\u2019s population is more than 200 million, while Singapore\u2019s population is approximately 5 million.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Israel\u2019s achievement in Absolute Terms should be celebrated<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/Z-nLoSHRV-9wViLe5a70jtqYWCS3jTJPSHJ7Cip-bh4x8Ru0asg8rHm_NwxplW4bDdW34-f8jQH1YZ45Nni8JTAAqRh58tProuqxEgGWOQTT9aNsAYSFrZkV5GIa04HqB7Xa9RR5EVHEUpoAYdnWmGI\" alt=\"\"\/><\/figure>\n\n\n\n<p>Israel\u2019s population is less than 10 million people. Despite its population, even in Absolute terms, <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/israel\">Israel <\/a>is in the league of the Top 10 countries with a drop of 5 positions from the Global Rankings, above countries such as Japan, Russia, Ukraine, and Turkey. This results from building a thriving and global startup ecosystem that relies not only on the local population. Israel is the only country with a population of less than 10 million, ranked in the top 10 in this index.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Other Notable Mentions: Sweden, the Netherlands, and Switzerland&nbsp;<\/h3>\n\n\n\n<p>As expected, Sweden, the Netherlands, and Switzerland are among the countries that experienced a fall when ranked in Absolute terms. However, these countries are still above those with larger populations:<\/p>\n\n\n\n<ul><li><a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/sweden\">Sweden <\/a>is 4 spots above <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/indonesia\">Indonesia <\/a>and 3 spots above <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/south-korea\">South Korea<\/a>. It is also the second-highest-ranked country with less than 10 million population.&nbsp;<\/li><li>The <a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/the-netherlands\">Netherlands <\/a>is 2 spots above Indonesia and 6 spots above <a href=\"https:\/\/www.startupblink.com\/startups\/mexico\">Mexico<\/a>.<\/li><li><a href=\"https:\/\/www.startupblink.com\/startup-ecosystem\/switzerland\">Switzerland <\/a>is 8 spots above Turkey.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusions<\/strong><\/h2>\n\n\n\n<p>A key conclusion that can be drawn from this report is that the US startup ecosystem is so strong that, even without population adjustments, it still maintains the leadership position against the countries with larger populations. Moreover, Israel\u2019s case shows that a smaller population is not a barrier to becoming one of the top ecosystems in the world, as even in Absolute Terms, it succeeded in staying among the Top 10.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Methodology<\/strong><\/h2>\n\n\n\n<p>To ensure that the rankings are as accurate as possible, we have based our algorithm on objective, quantifiable data that can be comparatively measured across regions, countries, and cities. We refrained from using subjective tools such as surveys and interviews, and instead utilized data that was either accumulated directly from the StartupBlink map or has arrived from integration with a reliable global data partner. We allow as few assumptions as possible regarding cause and effect and focus on one thing: measuring results. We avoid relying on any theoretical models assuming the causes of success for startup ecosystems.&nbsp;<\/p>\n\n\n\n<p>Every year our algorithm is more accurate, and it should be noted that each ecosystem's momentum change is influenced by its achievements over the last year and by these algorithm improvements. We have been sampling startup ecosystem data on the curated and interactive StartupBlink Global Map, enabling us to test and perfect our algorithm based on vast data sets. We estimate that the core map dataset has a representative sample covering 10-15% of total relevant entities in global startup ecosystems. In addition, hundreds of thousands of entities and data integrations are taken into account via our global data partners. Each location\u2019s final score is based on the exact same algorithm. However, we are aware that our sample size fluctuates depending on location and data sourcing. Our only intervention in the score is discounting locations, where we determined that the sample size of the entities is higher than average. In order to solve issues with lower than the average sample size, we have partnered with approximately 100 Ecosystem Partners, most of which are Government agencies, many of them in locations where our data is limited. We offer all governments administrative access to curate the dataset of their ecosystems at no cost, granting them complimentary access. On our rankings with Unicorns and Exits, we consider each startup's valuation and add special filters to exclude government entities and corporate spin-offs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About Us:<\/strong><\/h2>\n\n\n\n<p>StartupBlink is the world\u2019s most comprehensive startup ecosystem map and research center, working with over 100 government entities worldwide. StartupBlink\u2019s global startup ecosystem map has tens of thousands of registered startups, coworking spaces, and accelerators, creating a robust sample of innovation globally.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Our Data Partners:<\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.startupblink.com\/blog\/wp-content\/uploads\/2022\/09\/image.png\" alt=\"startupblink data partners\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\">Become a partner<\/a><\/div>\n<\/div>\n\n\n\n<p><gwmw style=\"display:none;\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Absolute Power? Generally, StartupBlink\u2019s GSEI scoring algorithm calibrates the countries&#8217; total score to their population size to check the startup outputs of countries per capita.&nbsp;&nbsp; The \u201cAbsolute Power\u201d algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":17920,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"inline_featured_image":false,"footnotes":""},"categories":[26,51],"tags":[87],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Top 30 Countries by Absolute Power in 2022<\/title>\n<meta name=\"description\" content=\"In this report, we expand on the findings of GSEI2022 and analyze the top 30 countries with the highest Absolute Power in 2022.\" 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