Mexico has 13 cities in the top 1000 and is one of Central America’s best countries for setting up a startup.
Since 2023, Mexico lost 2 spots in the Global Startup Ecosystem Index, having now positioned itself as 37th worldwide.
Mexico is one of the largest Latin American markets with a massive population of more than 135 million people, giving its startup ecosystem a massive advantage in the ability to scale startups locally. Mexico also enjoys strategic access to both the North American and South American markets. The US-China Trade War and supply chain disruptions during the pandemic led many multinationals to relocate their production facilities and engineering centers to Mexico, boosting innovation and economic growth in the country.
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The health check tables allow you to look at the performance Mexico has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Mexico is ranked within the top 40 startup ecosystems globally.
Mexico’s startup scene is best represented in Fintech, Ecommerce & Retail, and in and Transportation.
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 48th - 4 | 13.567 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 162nd - 23 | 3.925 | 00.00 | 00.00 | 00.00 | |
3rd + 1 | 209th + 27 | 2.518 | 00.00 | 00.00 | 00.00 | |
4th - 1 | 217th - 15 | 2.436 | 00.00 | 00.00 | 00.00 | |
5th + 2 | 603rd + 15 | 0.351 | 00.00 | 00.00 | 00.00 | |
6th 0 | 652nd - 56 | 0.306 | 00.00 | 00.00 | 00.00 | |
7th + 1 | 687th - 25 | 0.267 | 00.00 | 00.00 | 00.00 | |
8th + 3 | 780th + 123 | 0.204 | 00.00 | 00.00 | 00.00 | |
9th 0 | 818th - 51 | 0.189 | 00.00 | 00.00 | 00.00 | |
10th 0 | 833rd + 41 | 0.181 | 00.00 | 00.00 | 00.00 |
In this article, we’ll explore the role of universities in startup ecosystems. Join us for an enlightening discussion in the 39th episode of our Startup Ecosystem Podcast series, where Martin Jordana welcomes David Kwok. David, the Director of Entrepreneurship & Innovation at YSpace —a university run community innovation hub nestled in Downtown Markham —shares valuable […]
The Global Startup Ecosystem Index (GSEI) reveals the startup ecosystem rankings of 1,000 cities and 100 countries based on various factors. It uses an algorithm that considers many parameters and incorporates data from different sources and partners such as Crunchbase, SEMRush and Statista. The results of this index are also integrated with the StartupBlink Global […]
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