21-05-2025
Saudi Arabia Named ‘Country of the Year' After Record-Breaking Leap in StartupBlink Index
Saudi Arabia has achieved a significant milestone in innovation, recording the sharpest rise in StartupBlink's Global Startup Ecosystem Index 2025. In its newly released Ecosystem Report 2025, StartupBlink also named the Kingdom its 'Country of the Year' in recognition of its rapid progress.
This accomplishment underscores Saudi Arabia's growing prominence on the global innovation and digital economy landscape. It highlights the impact of coordinated efforts by the National Technology Development Program and various government and private stakeholders contributing to the nation's thriving startup ecosystem.
Riyadh led the way on the global city scale, posting the highest growth rate among the top 100 cities in innovation and entrepreneurship. The Saudi capital now ranks first globally in nanotechnology and transportation technologies, and second in financial technologies.
The report also emphasized Saudi Arabia's strength across multiple tech sectors. The Kingdom ranked: 1st in healthcare technologies
in healthcare technologies 2nd in insurance and investment technologies, and logistics and delivery applications
in insurance and investment technologies, and logistics and delivery applications 3rd in digital payments
in digital payments 5th in electronic gaming
in electronic gaming 7th in educational technologies
These achievements reflect the diversity and depth of the Kingdom's innovation ecosystem and the growing confidence of global investors in its economy. This momentum supports the broader objectives of Vision 2030, driving forward a sustainable, entrepreneurial, and digitally advanced economy.
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