2022 | StartupBlink View the Global Startup Map p. 200 52 | Serbia Serbia has moved up one spot to rank 52nd globally, and 14th in Eastern Europe. The capital and highest ranked city in Serbia, Belgrade, dropped 41 spots to rank 200th globally and 6th in the Balkans region. Belgrade has solid results in the Marketing & Sales industry, where it ranks 82nd globally. Serbian cities continue a negative trajectory from last year, with the exception of Niš. Ranked 2nd nationally, Novi Sad dropped by 111 spots to 456th globally while Niš managed to make a comeback at 842nd place. Although the first two cities declined, the good news is that Serbia made progress in developing other local ecosystems and again has 3 cities ranked in the top 1000. The relatively small gaps between Serbia's score and the scores of Ukraine and Hungary, ranked 12th and 13th in Eastern Europe respectively (both having negative momentum), imply that if Serbia continues its positive momentum it is well-positioned to climb up the regional ranks next year. Serbia moved one spot up to rank 52nd globally, adding a 3rd city to the ranking. 2020 2021 2022 Regional Rank Startup Ecosystem Ranking Global Rank National Rank and Change City Global Rank and Change Total Score Overperforming Industry 1 Belgrade 200 4.115 Marketing & Sales 2 Novi Sad 456 0.881 3 Niš 842 0.242 82 −41 −111 new − − new For more information about the rankings of cities, view the country dashboard on Startublink.com.