Country rankings
Unicorns by Country
United States has the highest # of Unicorn Companies in 2025 (712), followed by China (157) and India (69). Liechtenstein has the lowest (1).
55 of 235 countries
# of Unicorn Companies, 2025
Darker means higher. Click a place to highlight it.
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All 55 ranked
Highest first.
Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →
Each dot is one country; the lines mark the median and the middle half.
Median
2
Middle half 1 – 9
Average
23.38
55 countries
Highest
712
United States
Lowest
1
Liechtenstein
Over time · 2022–2025
The top 5 in 2025, against the median.
- Median of all countries
- United States
- China
- India
- United Kingdom
- Germany
Data
Click a column to sort, a row to highlight that place on the charts.
55 countries · # = rank by # of Unicorn Companies
| # | |||
|---|---|---|---|
| 1 |  United States | 712 | $2.85T |
| 2 |  China | 157 | $687.13B |
| 3 |  India | 69 | $163.98B |
| 4 |  United Kingdom | 55 | $190B |
| 5 |  Germany | 32 | $86.03B |
| 6 |  France | 29 | $72.86B |
| 7 |  Israel | 25 | $47.44B |
| 8 |  Canada | 22 | $57.45B |
| 9 |  Brazil | 18 | $37.08B |
| 10 |  South Korea | 14 | $33.44B |
| 10 |  Singapore | 14 | $87.76B |
| 12 |  Mexico | 9 | $13.7B |
| 12 |  Japan | 9 | $11.82B |
| 12 |  Australia | 9 | $48.84B |
| 12 |  Netherlands | 9 | $24.46B |
| 12 |  Ireland | 9 | $13.68B |
| 17 |  Indonesia | 7 | $10.43B |
| 17 |  Hong Kong | 7 | $9.65B |
| 19 |  Sweden | 6 | $22.14B |
| 19 |  Switzerland | 6 | $9.8B |
| 21 |  Spain | 5 | $7.66B |
| 21 |  United Arab Emirates | 5 | $9.35B |
| 21 |  Norway | 5 | $5.5B |
| 24 |  Colombia | 4 | $8.4B |
| 24 |  Finland | 4 | $14.91B |
| 26 |  Italy | 3 | $4.55B |
| 26 |  Belgium | 3 | $11.95B |
| 28 |  Nigeria | 2 | $3B |
| 28 |  Vietnam | 2 | $5.27B |
| 28 |  Thailand | 2 | $2.5B |
| 28 |  Chile | 2 | $2.5B |
| 28 |  Greece | 2 | $3.32B |
| 28 |  Austria | 2 | $7.61B |
| 28 |  Denmark | 2 | $6.7B |
| 28 |  Croatia | 2 | $3B |
| 28 |  Lithuania | 2 | $8.4B |
| 28 |  Estonia | 2 | $9.9B |
| 28 |  Seychelles | 2 | $11.8B |
| 39 |  Egypt | 1 | $1B |
| 39 |  Philippines | 1 | $1B |
| 39 |  Turkey | 1 | $2B |
| 39 |  South Africa | 1 | $1.59B |
| 39 |  Argentina | 1 | $2.75B |
| 39 |  Uzbekistan | 1 | $1.16B |
| 39 |  Malaysia | 1 | $1.7B |
| 39 |  Saudi Arabia | 1 | $1B |
| 39 |  Senegal | 1 | $1.7B |
| 39 |  Ecuador | 1 | $1.5B |
| 39 |  Czechia | 1 | $1.2B |
| 39 |  Portugal | 1 | $1.33B |
| 39 |  New Zealand | 1 | $1B |
| 39 |  Luxembourg | 1 | $2B |
| 39 |  Malta | 1 | $1B |
| 39 |  Cayman Islands | 1 | $1B |
| 39 |  Liechtenstein | 1 | $1B |
What correlates with # of Unicorn Companies (2025)?
Pearson r against 1,898 other country metrics sharing at least 33 countries, 1 near-identical series hidden. Correlation is not causation.
Higher together
Places that have a higher # of Unicorn Companies tend to score higher on these
Opposite directions
Places that have a higher # of Unicorn Companies tend to score lower on these
Quick answers
- Which country has the highest # of Unicorn Companies?
- United States has the highest # of Unicorn Companies in 2025, at 712, followed by China (157) and India (69).
- Which country has the lowest # of Unicorn Companies?
- Liechtenstein has the lowest # of Unicorn Companies in 2025, at 1.
- What is the median # of Unicorn Companies across countries?
- The median is 2 across the 55 countries with data in 2025.
- Where does this unicorns by country data come from?
- Rankodex compiles it from World Population Review and the primary sources it cites: Global Unicorn Club 2022 - CBinsights Research.; $1B+ Market Map: The world's 1,206 unicorn companies in one infographic - CB Insights; Global Unicorn Club 2024 - CBinsights Research.; Global Unicorn Club 2025 - CBinsights Research..