The Armenia Startup Ecosystem is a regional Leader in innovation, ranked at number 60 globally, and shows a positive momentum 5 spots since 2021. Armenia
also ranks at number 16 for startups in Eastern Europe.
There are 1 cities ranked in the top 1,000 in Armenia and the top
ranked city in Armenia is Yerevan at 244 globally. Yerevan is
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Armenia is an ideal place to locate for Social & Leisure, Software
and Data and Marketing & Sales startups. As the most popular
industries in the country, there is a sample of 14 Social & Leisure
startups in Armenia, 7 Software and Data startups in Armenia and 5
Marketing & Sales startups in Armenia, on the StartupBlink Map.
Among the post-Soviet states, Armenia is followed by Belarus (70th),
and Kyrgyzstan (100th), but is behind Russia (29th against 17th last
year), Ukraine (50th).
Georgia ranked 73rd, Moldova, 88th, Azerbaijan, 85th, Turkey, 46th.
Among the top leaders are the United States, Great Britain, Canada,