Azerbaijan ranks 47th among 188 countries in Global Startup Ranking

Fri 03 May 2019 20:34 GMT | 00:34 Local Time

Text size: bigger smaller

Azerbaijan has ranked 47th among 188 countries in terms of startup friendliness, according to a new list published by the Global Startup Ranking. The list includes names of 200 startups based in Azerbaijan, AzerTag reports.

Azerbaijan, which ranks third among the CIS countries, is far ahead of its neighbors. Armenia ranks 102nd with 13 and Georgia 118th with only 5 startups launched in their countries.

The United States secured top spot with 46,625 startups, followed by India (6,324), the United Kingdom (4,929), Canada (2,513) and Indonesia (2,105). Among the CIS countries, Russia ranks 19th with 569 and Ukraine 43rd with 241 startups.

The Global Startup Ranking annually publishes a list of the startups in the world in order to understand what categories of business are trending and in what countries they originate.

News.Az

Printer

Commentary

Most read articles

More from Economy

In The Region

Editor's Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook



Real estate

Virtual karabakh