The international health insurance experts at William Russell looked at several factors such as the survival rate of new companies alongside the GDP per capita, to determine which countries are the best and worst for entrepreneurs.
The countries with the most venture capital investment:
Rank | Country | New Business Density | One-Year New Businesses Survival Rate | Venture Capital Investment (GBP) |
1 | United Kingdom | 18.62 | 89.20% | £3,150,000,000 |
2 | Germany | 1.40 | 72.90% | £1,350,000,000 |
3 | France | 6.71 | 81.00% | £1,050,000,000 |
4 | Spain | 3.08 | 78.60% | £750,000,000 |
5 | Switzerland | 4.63 | 82.00% | £659,625,000 |
6 | Sweden | 9.24 | 97.10% | £567,150,000 |
7 | Malta | 7.77 | 75.70% | £450,000,000 |
8 | Republic of Ireland | 6.40 | 81.60% | £403,800,000 |
9 | Netherlands | 3.43 | 95.70% | £383,700,000 |
10 | Italy | 2.85 | 80.90% | £220,875,000 |
The UK has the highest amount of venture capital investment at £3.15 billion.
In the modern world, technology is one of the most valuable and competitive industries, and startups in this field are thriving. In Europe, the UK has by far the most venture capital investment at £3.15 billion ($4.2 billion), far more than second-placed Germany at £1.35 billion ( $1.8 billion) and third-placed France at £1.05 billion ($1.4 billion).
Further Study Insights:
- The UK also tops the list as the best country for expat entrepreneurs, with a score of 8.66.
- Luxembourg leads the continent in coworking spaces per capita, with 10.5 coworking spaces per 100,000 people.
- Almost nine in every ten (88.61%) Hungarian people are considered to be in the workforce, the highest among all countries studied.
You can view the full research here: https://www.william-russell.com/blog/european-expat-entrepreneurs/