South Korea boasts 5 cities in the top 1000 and is one of the leading startup hubs in East Asia.
Since 2022, South Korea lost 2 spots in the Global Startup Ecosystem Index, having now positioned itself as 21st worldwide.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
South Korea is ranked within the top 30 startup ecosystems globally.
South Korea’s startup scene is best represented in Social & Leisure, Education, and in and Fintech.
|2022 National Rank & Change||City||Global Rank & Change||Total Score||Quantity Score||Quality Score||Business Score|
On our map, you can explore a total of 209 startups for Social & Leisure.
In East Asia, South Korea's Education is in top 19. South Korea has a concentration of about 112 of the region's total Education startups that are represented on our map.
South Korea's Fintech is ranked 26th in the world. Our database contains 105 for this industry.
If you are a startup ecosystem developer in South Korea, you can grow your startup economy by becoming a partner.
Do small countries have an edge in building a startup ecosystem? In this episode, the StartupBlink team and Eli David discuss the unique advantages of small countries for building a thriving ecosystem. In StartupBlink’s Global Startup Ecosystem Index 2022, 9 out of the top 20 highest-ranked countries had a population of less than 10 million, […]
Collaborating with StartupBlink as a data partner can bring a range of benefits to your organization and ecosystem. As the most comprehensive startup ecosystem map and research center, we publish the Global Startup Ecosystem Index Report (GSEI) annually, ranking the top 1,000 cities and 100 countries worldwide. StartupBlink’s GSEI is based on an elaborate algorithm […]
What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita. The “Absolute Power” 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 […]