Iraq
Asia · Pop. 46M
Enterprise value · 2019–2025
Iraq grew 68.2× since 2019
Combined enterprise value of every tracked startup headquartered in Iraq that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent ecosystems by EV
Academia
Iraq's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Iraq.
Vs. similarly-sized ecosystems
How Iraq stacks up
Peers chosen from the same Asia cluster within ±70% of Iraq's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Asia ecosystems — combined view
Top ecosystems in Asia ranked by combined EV. Iraq's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | China | $5.8T | 3.2× | 479 | $33.4B | 24.5K |
| 2 | India | $884B | 7.1× | 125 | $13.9B | 13.3K |
| 3 | Israel | $600B | 5.6× | 128 | $10.7B | 4,762 |
| 4 | South Korea | $439B | 15.6× | 41 | $8.2B | 7,931 |
| 5 | Singapore | $359B | 9.6× | 38 | $3.3B | 3,900 |
| 6 | Japan | $255B | 6.4× | 19 | $4.3B | 7,794 |
| 7 | Hong Kong | $186B | 13.0× | 21 | $3.6B | 1,222 |
| 8 | United Arab Emirates | $79.1B | 10.6× | 21 | $3.9B | 1,553 |
| 9 | Indonesia | $64.8B | 5.0× | 12 | $485.3M | 1,208 |
| 10 | Taiwan | $59.4B | 7.9× | 5 | $209.1M | 621 |
| 11 | Türkiye | $55.7B | 20.7× | 8 | $714.3M | 2,031 |
| 34 | Iraq | $136.3M | — | 0 | $2.1M | 24 |
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