100 World Best Countries for Startups in 2023: Know Your Country’s Ranking
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Determining the best countries for startups is a dynamic process that takes into account various factors, such as government support, regulatory environment, access to funding, talent pool, and market opportunities.
While the USA is the best-ranked country in the world, Nigeria is 61st and Africa’s best and most ranked country where start-ups succeed easily, followed by Kenya and Egypt. Ghana is the last African country in the best 100 countries at the 82nd position.
While the specific rankings for the best countries for startups in 2023 may vary depending on different reports and methodologies, here is a list of some countries that have been consistently recognized as favourable destinations for startups:
- United States: The US continues to be a top destination for startups, offering a thriving entrepreneurial ecosystem, access to venture capital, diverse markets, and a culture that embraces innovation.
- Singapore: Known for its business-friendly environment, strategic location, strong infrastructure, and government support, Singapore provides excellent opportunities for startups to flourish, particularly in sectors like fintech and biotech.
- United Kingdom: With access to a large talent pool, supportive government policies, strong investment opportunities, and a vibrant startup scene in cities like London and Manchester, the UK remains an attractive destination for startups.
- Germany: Germany offers a robust economy, access to funding, well-developed infrastructure, and a highly skilled workforce. Berlin, in particular, has emerged as a hub for tech startups.
- Canada: Canada provides a welcoming environment for startups, with supportive government policies, access to venture capital, and a strong emphasis on innovation. Cities like Toronto, Vancouver, and Montreal have thriving startup ecosystems.
READ: 2023 Economic Freedom Index: The Top Ranked Countries
The 100 World Best country for Startups in 2023
1.🇺🇸 USA
2.🇬🇧 UK
3.🇮🇱 Israel
4.🇨🇦 Canada
5.🇸🇪 Sweden
6.🇩🇪 Germany
7.🇸🇬 Singapore
8.🇦🇺 Australia
9.🇫🇷 France
10.🇨🇳 China
11.🇳🇱 Netherlands
12.🇨🇭 Switzerland
16.🇪🇸 Spain
17.🇱🇹 Lithuania
19.🇮🇳 India
20.🇯🇵 Japan
22.🇧🇪 Belgium
26.🇧🇷 Brazil
27.🇦🇪 UAE
28.🇵🇹 Portugal
29.🇷🇺 Russia
31.🇮🇹 Italy
32.🇨🇿 Czech
33.🇵🇱 Poland
35.🇲🇽 Mexico
37.🇦🇷 Argentina
39.🇷🇴 Romania
38.🇮🇩 Indonesia
42.🇲🇾 Malaysia
44.🇨🇴 Colombia
53.🇹🇭 Thailand
57.🇵🇭 Philippines
60.🇦🇲 Armenia
46.🇹🇷 Turkey
48.🇬🇷 Greece
50.🇺🇦 Ukraine
61.🇳🇬 Nigeria
62.🇰🇪 Kenya
65.🇪🇬 Egypt
70.🇧🇾 Belarus
76.🇵🇰 Pakistan
72.🇸🇦 Saudi
77.🇱🇧 Lebanon
82.🇬🇭 Ghana
86.🇶🇦 Qatar
93.🇧🇩 Bangladesh
99.🇰🇼 Kuwait
100.🇰🇬 Kyrgyzstan