The South Korea Startup Ecosystem is a regional Leader in innovation, ranked at number 21 globally, and shows a negative momentum -2 spots since 2021. South Korea also ranks at number 3 for startups in East Asia.
There are 5 cities ranked in the top 1,000 in South Korea and the top ranked city in South Korea is Seoul at 25 globally. Seoul is followed by Busan at 207 and Daejeon at 421. South Korea is an ideal place to locate for Social & Leisure, Education and Fintech startups. As the most popular industries in the country, there is a sample of 206 Social & Leisure startups in South Korea, 105 Education startups in South Korea and 104 Fintech startups in South Korea, on the StartupBlink Map. On the StartupBlink Global Startup Ecosystem Map there is a sample of 691 startups in South Korea, 44 accelerators in South Korea, 7 coworking spaces in South Korea, 2 organizations in South Korea and 1 leaders in South Korea.View top ecosystems:
Seoul, South Korea
Busan, South Korea
Daejeon, South Korea
Incheon, South Korea
Gwangju, South Korea
2022 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 25th - 2 | 30.111 | 3.30 | 23.57 | 3.25 | |
2nd 0 | 207th - 45 | 3.906 | 0.06 | 0.86 | 2.99 | |
3rd 0 | 421st + 136 | 1.099 | 0.05 | 0.21 | 0.84 | |
4th + 1 | 794th + 46 | 0.276 | 0.03 | 0.04 | 0.21 | |
5th - 1 | 980th - 225 | 0.167 | 0.01 | 0.03 | 0.13 |