Startup ecosystem ranking Europe


1	Country	Cumulative capital invested ($M) 2013 - 9M 2018	$ Per capita	$ Per GDP $
2	Iceland	417	1172.599966	17441.13095
3	Estonia	358	271.3903753	13783.54445
4	Malta	160	336.3457298	13321.1223
5	Cyprus	276	319.3705161	12951.66588
6	Luxembourg	734	1219.258976	11764.14021
7	Sweden	5683	556.3251022	10551.91942
8	United Kingdom	25976	393.3360074	9897.394923
9	Finland	1534	277.8213949	6057.399188
10	Ireland	1741	358.4517192	5212.668491
11	France	11302	167.8149314	4374.583907
12	Germany	13588	164.1062802	3687.565404
13	Switzerland	2463	289.4614865	3629.665107
14	Netherlands	2952	170.7819406	3574.953527
15	Denmark	1158	199.4483307	3568.742989
16	Spain	3818	81.82719922	2905.740016
17	Portugal	585	56.84563844	2682.698657
18	Lithuania	125	44.71193709	2644.774983
19	Austria	748	84.44382228	1794.431983
20	Norway	711	133.5478865	1793.384907
21	Belgium	857	74.91418523	1732.247495
22	Russia	2263	15.40744054	1481.535795
23	Bulgaria	83	11.77299287	1457.597949
24	Latvia	44	22.89520241	1451.235199
25	Greece	248	23.03079077	1235.736708
26	Poland	472	12.28092086	899.2428832
27	Slovenia	27	13.04316321	552.5087992
28	Ukraine	56	1.326359713	512.2529066
29	Romania	98	5.019560664	463.7626293
30	Czech Republic	94	8.844732971	440.9233122
31	Italy	772	12.78171216	398.3706023
32	Turkey	300	3.712387712	353.1572256
33	Albania	3	1.045178175	230.7514807
34	Slovakia	12	2.203821537	125.0807813
35	Serbia	5	0.7141383977	120.5661788
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54


1	Category	2013	2014	2015	2016	2017	2018	Total Deals	Deals Per M capita	Deals Per M GDP $
2	Sweden	102	171	273	502	499	270	1817	177.8713198	3373.717681
3	Iceland	6	3	13	14	7	10	53	149.0354873	2216.738467
4	Finland	59	84	96	120	116	75	550	99.61001773	2171.818483
5	Denmark	58	82	104	124	116	69	553	95.24605086	1704.244277
6	Ireland	52	53	54	133	67	62	421	86.67901997	1260.501686
7	Estonia	18	20	20	23	12	13	106	80.35580946	4081.161206
8	United Kingdom	613	821	895	887	884	730	4830	73.13723882	1840.330208
9	Luxembourg	5	4	9	13	6	6	43	71.42797817	689.1798759
10	Switzerland	47	66	95	140	119	133	600	70.51436942	884.2058726
11	Netherlands	116	155	237	236	228	195	1167	67.51440539	1413.26923
12	Norway	11	16	23	73	71	99	293	55.03450175	739.0461008
13	Lithuania	28	20	43	9	11	7	118	42.20806861	2496.667584
14	France	199	275	362	666	686	535	2723	40.43178714	1053.972039
15	Austria	26	30	52	79	73	34	294	33.1904863	705.2981324
16	Belgium	22	50	76	105	72	48	373	32.60559054	753.9420253
17	Germany	297	371	453	495	429	278	2323	28.05555556	630.4249656
18	Slovenia	4	7	14	13	16	1	55	26.56940654	1125.480887
19	Spain	156	169	232	220	227	156	1160	24.86106629	882.8335303
20	Latvia	3	10	9	13	5	3	43	22.3748569	1418.252581
21	Bulgaria	28	27	53	21	13	3	145	20.5672767	2546.406055
22	Greece	23	26	26	29	16	18	138	12.81552067	687.6276845
23	Portugal	18	15	33	34	15	14	129	12.53519207	591.5694475
24	Italy	91	102	121	124	82	140	660	10.9273705	340.5759035
25	Czech Republic	9	20	16	15	8	1	69	6.492410372	323.6564738
26	Romania	13	16	23	30	19	3	104	5.326880705	492.1562596
27	Poland	22	22	59	48	36	14	201	5.229798926	382.9402956
28	Russia	79	62	57	119	148	90	555	3.778669686	363.3461628
29	Slovakia	2	2	6	2	2	0	14	2.571125126	145.9275782
30	Turkey	32	26	45	36	26	23	188	2.326429633	221.3118614
31	Ukraine	15	13	17	16	7	3	71	1.681634636	649.4635066
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56


1	Country	Existing $1B+ companies	Added in 2018	Total	Per M Capita	Per M GDP $
2	Estonia	0	1	1	0.7580736741	38.50152081
3	Slovenia	1	0	1	0.4830801188	20.46328886
4	Sweden	6	1	7	0.6852499939	12.99726129
5	Denmark	2	1	3	0.5167055201	9.245448158
6	Finland	2	0	2	0.3622182463	7.897521758
7	United Kingdom	13	6	19	0.2877034239	7.239394192
8	Ireland	1	1	2	0.411776817	5.988131523
9	Netherlands	2	2	4	0.2314118437	4.84411047
10	Romania	0	1	1	0.05122000678	4.732271727
11	Germany	8	3	11	0.1328502415	2.985223686
12	Russia	4	0	4	0.02723365539	2.618711083
13	Spain	1	1	2	0.04286390739	1.522126776
14	Switzerland	1	0	1	0.117523949	1.473676454
15	France	3	0	3	0.04454475263	1.161188438
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38


1	Country	# startups in dealroom.co	# startups since 2013 in dealroom.co	2013 vs total	# startups since 2013 per capita	# startups since 2013 per k GDP $
2	Estonia	976	455	46.62%	344.9235217	17.51819197
3	Ireland	4254	941	22.12%	193.7409924	2.817415882
4	Finland	3070	997	32.48%	180.5657958	3.936914596
5	Sweden	11747	1559	13.27%	152.6149629	2.894675765
6	Iceland	229	53	23.14%	149.0354873	2.216738467
7	Denmark	3142	821	26.13%	141.4050773	2.530170979
8	Netherlands	6969	2430	34.87%	140.582695	2.94279711
9	Lithuania	1954	368	18.83%	131.6319428	7.786217549
10	Luxembourg	230	75	32.61%	124.5836829	1.202057923
11	United Kingdom	210158	7809	3.72%	118.2461072	2.975391013
12	Cyprus	314	93	29.62%	107.6139782	4.364148287
13	Switzerland	1664	604	36.30%	70.98446521	0.8901005784
14	Malta	105	32	30.48%	67.26914596	2.664224461
15	Portugal	1807	599	33.15%	58.20604688	2.746899993
16	Belgium	10584	649	6.13%	56.73197925	1.311818698
17	Latvia	465	104	22.37%	54.11593298	3.430192289
18	Spain	8913	2493	27.97%	53.42986057	1.897331027
19	Austria	1860	466	25.05%	52.60804971	1.11792153
20	Slovenia	482	100	20.75%	48.30801188	2.046328886
21	Norway	1092	255	23.35%	47.89692132	0.6431971185
22	France	11832	3041	25.70%	45.15353091	1.177058013
23	Germany	71059	3136	4.41%	37.87439614	0.8510601343
24	Bulgaria	594	201	33.84%	28.5105008	3.529845635
25	Czech Republic	1179	271	22.99%	25.49917697	1.271172528
26	Italy	6400	1467	22.92%	24.28856444	0.7570073492
27	Greece	915	213	23.28%	19.78047756	1.061338383
28	Romania	1269	291	22.93%	14.90502197	1.377091073
29	Slovakia	487	71	14.58%	13.03927743	0.7400612896
30	Poland	2367	401	16.94%	10.43357895	0.7639754156
31	Serbia	243	45	18.52%	6.42724558	1.085095609
32	Albania	29	11	37.93%	3.832319975	0.8460887624
33	Ukraine	840	159	18.93%	3.765914185	1.45443236
34	Russia	3090	535	17.31%	3.642501409	0.3502526074
35	Turkey	1460	260	17.81%	3.217402684	0.3060695955
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52


1	Country	Population	Nominal GDP [$ million]
2	United Kingdom	66,040,229	2,624,529
3	Germany	82,800,000	3,684,816
4	France	67,348,000	2,583,560
5	Sweden	10,215,250	538,575
6	Spain	46,659,302	1,313,951
7	Netherlands	17,285,200	825,745
8	Switzerland	8,508,904	678,575
9	Russia	146,877,088	1,527,469
10	Ireland	4,857,000	333,994
11	Finland	5,521,533	253,244
12	Denmark	5,806,015	324,484
13	Belgium	11,439,756	494,733
14	Italy	60,398,794	1,937,894
15	Austria	8,857,960	416,845
16	Luxembourg	602,005	62,393
17	Norway	5,323,933	396,457
18	Portugal	10,291,027	218,064
19	Poland	38,433,600	524,886
20	Iceland	355,620	23,909
21	Estonia	1,319,133	25,973
22	Turkey	80,810,525	849,480
23	Cyprus	864,200	21,310
24	Greece	10,768,193	200,690
25	Malta	475,701	12,011
26	Lithuania	2,795,674	47,263
27	Romania	19,523,621	211,315
28	Czech Republic	10,627,794	213,189
29	Bulgaria	7,050,034	56,943
30	Ukraine	42,220,824	109,321
31	Latvia	1,921,800	30,319
32	Slovenia	2,070,050	48,868
33	Slovakia	5,445,087	95,938
34	Serbia	7,001,444	41,471
35	Albania	2,870,324	13,001


1	Category	United Kingdom	Germany	France	Sweden	Spain	Netherlands	Ireland	Austria	Switzerland	Finland	Russia	Belgium	Poland	Norway	Denmark	Italy	Luxembourg	Romania	Turkey	Estonia	Iceland	Ukraine	Portugal	Lithuania	Greece	Czech Republic	Slovakia	Slovenia	Latvia	Bulgaria
2	2013	613	297	199	102	156	116	52	26	47	59	79	22	22	11	58	91	5	13	32	18	6	15	18	28	23	9	2	4	3	28
3	2014	821	371	275	171	169	155	53	30	66	84	62	50	22	16	82	102	4	16	26	20	3	13	15	20	26	20	2	7	10	27
4	2015	895	453	362	273	232	237	54	52	95	96	57	76	59	23	104	121	9	23	45	20	13	17	33	43	26	16	6	14	9	53
5	2016	887	495	666	502	220	236	133	79	140	120	119	105	48	73	124	124	13	30	36	23	14	16	34	9	29	15	2	13	13	21
6	2017	884	429	686	499	227	228	67	73	119	116	148	72	36	71	116	82	6	19	26	12	7	7	15	11	16	8	2	16	5	13
7	2018	730	278	535	270	156	195	62	34	133	75	90	48	14	99	69	140	6	3	23	13	10	3	14	7	18	1	0	1	3	3
8	Total	4830	2323	2723	1817	1160	1167	421	294	600	550	555	373	201	293	553	660	43	104	188	106	53	71	129	118	138	69	14	55	43	145