Regional Analysis of Startup Ecosystems

This year’s Global Startup Ecosystem Index has investigated how cities are distributed throughout the global top 1000. This helps us understand how each region compares in both activity and momentum. Here are some of the key findings:

North America is once again the most successful region, with a high presence of cities in all top tiers and generally positive momentum from both United States and Canadian cities.
Europe has had another interesting year. It has the highest number of countries and cities in the rankings, but many of them, especially in Eastern and Central Europe, have experienced negative momentum.
The results documented in the Asia Pacific region were largely positive, as most of the top-ranked countries and cities increased their rankings. The main concern is the surprising negative momentum in Asia’s most powerful ecosystem, China.
In Latin America, the trend is mostly positive. The top Latin American cities have substantially increased in rank, solidifying their positions as substantial hubs of regional and global innovation.
However, the Latin American tech scene has become much more centralized; while top cities increase in their rankings, 22 cities dropped out of the Index this year. This leaves the region with only 60 cities on the Index.
The results in Africa and the Middle East were less positive, as the number of cities representing the region decreased to 57, compared to 74 cities last year. Africa, however, managed to get one city, Lagos, into the global top 100, making it the only African city to ever reach this rank.

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