Singapore climbed to fourth place in a global startup ecosystem ranking in 2025, up from fifth in 2024.
According to the 2025 Global Startup Ecosystem Index by research platform StartupBlink, Singapore ranked behind Israel, Britain, and the US.
The Republic has climbed 12 places since 2020, making it one of the fastest-growing startup ecosystems worldwide, the index noted.
It attributed Singapore’s strong performance to its pro-business environment and well-developed support system for startups.
The country also scored highly on indicators such as investor presence, access to startup opportunities, the concentration of global tech players and corporates, and the depth of local talent.
The index, which assesses the startup ecosystems of 118 countries, also noted that Singapore strategically positioned itself as a leader in deep tech and other strategic industries such as FinTech, FoodTech, artificial intelligence, and advanced manufacturing.
It added that the country’s universities are involved in the startup ecosystem not only by training a highly qualified workforce for the research and development sector, but also by connecting programmes to startups and encouraging entrepreneurship on campuses.