Home to 98% of Mongolia’s startups, Ulaanbaatar boasts a vibrant startup ecosystem that is ranked 472 in the world.
In 2022, the startup scene of Ulaanbaatar shows much promise after advancing in the Global Ecosystem Index by 19 spots.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Ulaanbaatar is ranked within the top 500 startup ecosystems globally.
Ulaanbaatar’s startups excel particularly in Education where it ranks 169 and in Ecommerce & Retail, and Fintech. Find out more
2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 472nd + 19 | 0.810 | 0.17 | 0.11 | 0.53 |
On our map, you can explore a total of 17 startups for Education.
In East Asia, Ulaanbaatar's Ecommerce & Retail is in top 194. Ulaanbaatar has a concentration of about 0% of the country's total Ecommerce & Retail startups that are represented on our map.
Fintech is ranked 260th in the world. Our database contains 10 startups for this industry.
Within Ulaanbaatar there is an increased attraction for entrepreneurs to set up their startups in industries such as Education, Ecommerce & Retail, Fintech. These three industries represent about 69% of the startups represented on the Startup Ecosystem Map of Ulaanbaatar.
Ulaanbaatar is Mongolia's 1st best startup ecosystem and is ranked 40th in East Asia. With a population of <0.1M people, Ulaanbaatar is ranked th in the world. The city boasts some notable startup success stories including E-mongolia.
If you are a startup ecosystem developer in Ulaanbaatar, 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 […]