The Startup Ecosystem of Saudi Arabia

Saudi Arabia boasts 5 cities in the top 1000 and is one of Middle East’s best countries for setting up a startup.

COUNTRY RANKING

Since 2022, Saudi Arabia lost 1 spot in the Global Startup Ecosystem Index, having now positioned itself as 72nd worldwide.

Population

36.4
Million

Regional Ranking

5th
0
In Middle East

Global Ranking

72nd
-
1
Worldwide
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ECOSYSTEM

Browse the startup ecosystem database of Saudi Arabia

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Ecosystem

The Startup Ecosystem in Saudi Arabia

In 2022, Saudi Arabia register a rise in Transportation startups. Some of the most notable success stories in this industry are those of , stc pay.

Global Rank

Saudi Arabia is ranked within the top 100 startup ecosystems globally.

Top Industries

Saudi Arabia’s startup scene is best represented in Transportation, Hardware & IoT, and in Ecommerce & and Retail.

Top Cities for Startups in Saudi Arabia - Ranked by StartupBlink
StartupBlink ranks the startup ecosystems of 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Rows:
2022 National Rank & Change ▲
2022 National Rank & Change City
search leaderboards icon
Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
1st
0
254th
-
62
2.916
0.60
0.27
2.04
2nd
0
385th
-
91
1.281
0.28
0.11
0.90
3rd
new
563rd
new
0.566
0.12
0.05
0.40
4th
-
1
977th
-
282
0.168
0.03
0.02
0.12
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Startups

Notable Startups in Saudi Arabia
stc pay startup icon
stc pay
Foodics startup icon
Foodics
Tamara startup icon
Tamara

Startups

Successful Transportation startups in Saudi Arabia
Mister Mandoob startup icon
Mister Mandoob
Saee startup icon
Saee
Morni startup icon
Morni

Startups

Startups Ranking by Industry

Transportation icon
Transportation
#44 worldwide

On our map, you can explore a total of 25 for Transportation.

Hardware & IoT icon
Hardware & IoT
#50 worldwide

In Middle East, Saudi Arabia's Hardware & IoT is in top 50. Saudi Arabia has a concentration of about 24 of the region's total Hardware & IoT startups that are represented on our map.

Ecommerce & Retail icon
Ecommerce & Retail
#55 worldwide

Saudi Arabia's Ecommerce & Retail is ranked 55th in the world. Our database contains 13 for this industry.

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Recent Posts

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EP 33: Do Small Countries Have an Edge in Building a startup Ecosystem?

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Wed Mar 08 2023

How can collaborating with StartupBlink as an ecosystem partner help your ecosystem and organization?

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Tue Feb 28 2023

The Top 30 Countries by Absolute Power in 2022

What is Absolute Power? Generally, StartupBlink’s GSEI scoring algorithm calibrates the countries’ total score to their population size to check the startup outputs of countries per capita.   The “Absolute Power” algorithm ignores the size of the population and looks at the absolute amount of startup output per country to compare their dominance regardless of population […]