VC funding surplus/ shortfall in emerging markets*

2021+, US$bn

Colours represent regions (Blue= Americas, Yellow = Asia, Orange = Africa, Green = Middle East). +For the 12-months from October 2020, or calendar 2021. *Relative to the VC funding versus GDP per capita relationship highlighted previously
Chart: Rahul Shah, Rohit Kumar, and Rabail Adwani Source: World Bank, IMF, Crunchbase, thebigdeal, KTrade, Magnitt, Tellimer Research