💰How Asia Become a Hotspot for Global Investment

What We’re Showing:

This chart tracks the share of venture capital investment around the world in 1997 and 2023.

Data is sourced from the 2024 Global Innovation Index, produced by the World Intellectual Property Office.

Key Takeaways

In less than 20 years, Asia's share of global venture capital investment has jumped from 3% to 28%, handily overtaking Europe in the process.

This is in stark contrast to Latin America and Africa, whose share has stayed the same.

A huge reason for Asia’s growing share is China. It became the world's manufacturer in the 2000s, eclipsed Japan as the second-largest economy in 2010, and has, in recent years, fostered a growing tech sector.