Countries with higest number of unicorns 2022

As of November 2022, the country with the most unicorns, or privately owned companies with a valuation of one billion U.S. dollars or more, was the United States. SpaceX, Stripe, and Instacart were the biggest of these American companies in terms of market valuation.

Unicorns Made in China

Although China did not have the highest number of unicorns worldwide, the country was home to some of the world's most important ones. ByteDance, for example, was valued at around 200 billion U.S. dollars as of April 2023. This made the company not only the highest valued unicorn of China, but also the most valued unicorn of the world.

Number of unicorns worldwide as of November 2022, by country

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Release date

November 2022

More information

Region

Worldwide

Survey time period

2022

Supplementary notes

A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn.

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