Tel Aviv has one of the largest economies per capita in the Middle East at US$40,452 and home to Israel's biggest university. The city has a metro population of 2.5 million and is the nation's cultural and commercial centre. Over the years, Tel Aviv has become a technology hub for Israeli and international startups and scaleups.
Additionally, Tel Aviv has managed to develop a strong environment for businesses with a growing startup ecosystem and strong smart city capabilities. Tel Aviv has higher hit rate of turning seed-funded startups into unicorns than any other startup hub in the world. In terms of unicorns created, it ranks only behind San Francisco's Bay Area, and New York.
To increase its Liveability and Liveability score the city needs to focus more deeply on areas such as cost of living, work intensity and inclusivity. These are areas that are important for young skilled talent and will drive talent attractiveness in the coming years.
