You can refer to the table below to see how the average valuation for the Scorecard Method and maximum valuation for the Checklist Method will change for your country specifically after February 29th, 2024.

We base our new country estimates on real transactions by country since Aug 1, 2021. Whenever we were not able to find a large enough sample of pre-money valuations in a given country, we broadened our perspective to the closest larger geographic entity (namely, region and continent).

Country Currency Old Checklist Maximum New Checklist Maximum % change Old Scorecard Average New Scorecard Average % change
United Arab Emirates AED 44,000,000.00 33,890,000.00 -22.98% 19,373,718.00 17,460,000.00 -9.88%
Albania ALL 131,700,000.00 925,290,000.00 602.57% 131,735,719.00 248,250,000.00 88.45%
Argentina ARS 2,769,600,000.00 8,501,960,000.00 206.97% 1,304,007,583.00 3,494,570,000.00 167.99%
Austria EUR 9,600,000.00 7,500,000.00 -21.88% 5,313,898.00 3,690,000.00 -30.56%
Australia AUD 12,800,000.00 15,400,000.00 20.31% 5,616,981.00 6,720,000.00 19.64%
Aruba AWG 10,800,000.00 14,460,000.00 33.89% 10,805,605.00 4,640,000.00 -57.06%
Bosnia and Herzegovina BAM 2,100,000.00 14,450,000.00 588.10% 2,060,375.00 4,860,000.00 135.88%
Barbados BBD 22,000,000.00 16,160,000.00 -26.55% 10,741,435.00 5,180,000.00 -51.78%
Belgium EUR 12,600,000.00 9,390,000.00 -25.48% 5,162,699.00 2,590,000.00 -49.83%
Burkina Faso XAF 2,107,800,000.00 5,335,410,000.00 153.13% 1,434,159,298.00 1,630,230,000.00 13.67%
Bulgaria BGN 5,800,000.00 14,450,000.00 149.14% 3,295,289.00 4,830,000.00 46.57%
Bahrain BHD 2,500,000.00 2,840,000.00 13.60% 1,229,097.00 890,000.00 -27.59%
Bermuda BMD 11,000,000.00 10,000,000.00 -9.09% 5,370,770.00 2,690,000.00 -49.91%
Bolivia BOB 29,100,000.00 55,650,000.00 91.24% 19,983,251.00 18,430,000.00 -7.77%
Brazil BRL 42,900,000.00 49,510,000.00 15.41% 16,585,440.00 19,750,000.00 19.08%
Bahamas BSD 11,000,000.00 8,000,000.00 -27.27% 5,370,770.00 2,580,000.00 -51.96%
Canada CAD 18,300,000.00 13,410,000.00 -26.72% 8,007,790.00 5,520,000.00 -31.07%
Switzerland CHF 12,600,000.00 10,430,000.00 -17.22% 5,502,748.00 4,280,000.00 -22.22%
Côte d’Ivoire (Ivory Coast) XAF 2,432,300,000.00 5,335,410,000.00 119.36% 1,086,482,647.00 1,630,230,000.00 50.05%
Chile CLP 7,062,100,000.00 5,752,320,000.00 -18.55% 4,099,452,173.00 2,450,530,000.00 -40.22%
China CNY 64,700,000.00 54,160,000.00 -16.29% 44,295,513.00 17,010,000.00 -61.60%
Colombia COP 43,811,100,000.00 25,062,530,000.00 -42.79% 23,412,237,259.00 10,870,880,000.00 -53.57%
Costa Rica CRC 543,400,000.00 3,925,470,000.00 622.39% 543,354,862.00 1,495,700,000.00 175.27%
Cyprus EUR 6,000,000.00 10,000,000.00 66.67% 3,786,567.00 3,440,000.00 -9.15%
Czech Republic CZK 314,500,000.00 182,920,000.00 -41.84% 165,477,880.00 61,550,000.00 -62.80%
Germany EUR 8,900,000.00 11,200,000.00 25.84% 4,095,563.00 4,750,000.00 15.98%
Denmark DKK 65,700,000.00 55,060,000.00 -16.19% 47,827,082.00 17,960,000.00 -62.45%
Dominican Republic DOP 221,800,000.00 475,180,000.00 114.24% 221,781,199.00 157,380,000.00 -29.04%
Ecuador USD 3,000,000.00 7,000,000.00 133.33% 2,182,424.00 3,360,000.00 53.96%
Estonia EUR 11,300,000.00 7,680,000.00 -32.04% 4,734,441.00 3,090,000.00 -34.73%
Egypt EGP 309,000,000.00 309,400,000.00 0.13% 141,906,614.00 138,080,000.00 -2.70%
Spain EUR 7,100,000.00 11,000,000.00 54.93% 3,424,277.00 5,160,000.00 50.69%
Finland EUR 5,400,000.00 7,600,000.00 40.74% 2,445,635.00 3,940,000.00 61.10%
France EUR 10,600,000.00 6,060,000.00 -42.83% 5,772,637.00 2,890,000.00 -49.94%
United Kingdom GBP 9,400,000.00 7,880,000.00 -16.17% 4,293,962.00 3,420,000.00 -20.35%
Gibraltar GIP 9,500,000.00 5,940,000.00 -37.47% 9,476,724.00 1,870,000.00 -80.27%
Greece EUR 4,000,000.00 7,690,000.00 92.25% 1,862,593.00 2,420,000.00 29.93%
Hong Kong HKD 156,700,000.00 66,780,000.00 -57.38% 83,867,124.00 31,390,000.00 -62.57%
Croatia HRK 83,800,000.00 65,340,000.00 -22.03% 34,140,415.00 18,030,000.00 -47.19%
Hungary HUF 4,078,500,000.00 3,351,100,000.00 -17.83% 2,380,377,777.00 924,490,000.00 -61.16%
Indonesia IDR 73,011,800,000.00 146,265,630,000.00 100.33% 47,976,932,692.00 72,644,810,000.00 51.42%
Ireland EUR 13,500,000.00 10,000,000.00 -25.93% 6,647,588.00 3,440,000.00 -48.25%
Israel ILS 54,100,000.00 36,550,000.00 -32.44% 27,552,239.00 15,740,000.00 -42.87%
Isle of Man IMP 1,300,000.00 9,440,000.00 626.15% 1,300,000.00 2,610,000.00 100.77%
India INR 820,700,000.00 776,250,000.00 -5.42% 298,654,896.00 337,950,000.00 13.16%
Iceland ISK 1,086,300,000.00 1,111,750,000.00 2.34% 570,914,036.00 383,960,000.00 -32.75%
Italy EUR 8,000,000.00 10,000,000.00 25.00% 5,243,176.00 4,110,000.00 -21.61%
Jamaica JMD 800,000.00 1,256,680,000.00 156985.00% 828,487.00 403,110,000.00 48556.16%
Jordan JOD 1,300,000.00 5,670,000.00 336.15% 1,225,774.00 1,850,000.00 50.93%
Japan JPY 2,016,800,000.00 1,180,520,000.00 -41.47% 1,362,775,412.00 394,370,000.00 -71.06%
Kenya KES 1,241,500,000.00 1,292,000,000.00 4.07% 787,152,296.00 421,380,000.00 -46.47%
South Korea KRW 9,891,400,000.00 13,489,840,000.00 36.38% 5,489,255,397.00 7,720,860,000.00 40.65%
Kuwait KWD 2,000,000.00 2,700,000.00 35.00% 1,002,601.00 800,000.00 -20.21%
Cayman Islands KYD 3,600,000.00 7,700,000.00 113.89% 3,523,121.00 2,120,000.00 -39.83%
Liechtenstein CHF 9,000,000.00 6,580,000.00 -26.89% 5,385,572.00 2,510,000.00 -53.39%
Lithuania EUR 5,100,000.00 8,000,000.00 56.86% 3,250,679.00 2,690,000.00 -17.25%
Luxembourg EUR 10,200,000.00 10,000,000.00 -1.96% 6,448,401.00 2,460,000.00 -61.85%
Latvia EUR 18,500,000.00 8,000,000.00 -56.76% 6,378,006.00 2,610,000.00 -59.08%
Malta EUR 5,000,000.00 7,690,000.00 53.80% 4,750,000.00 2,420,000.00 -49.05%
Mauritius MUR 200,400,000.00 338,390,000.00 68.86% 157,710,706.00 106,300,000.00 -32.60%
Mexico MXN 171,100,000.00 171,530,000.00 0.25% 88,804,128.00 91,410,000.00 2.93%
Malaysia MYR 70,100,000.00 27,260,000.00 -61.11% 23,053,267.00 13,250,000.00 -42.52%
Nigeria NGN 3,044,300,000.00 9,525,000,000.00 212.88% 1,876,328,074.00 3,772,480,000.00 101.06%
Netherlands EUR 12,400,000.00 9,850,000.00 -20.56% 4,634,727.00 4,950,000.00 6.80%
Norway NOK 136,200,000.00 104,660,000.00 -23.16% 80,967,645.00 44,170,000.00 -45.45%
New Zealand NZD 20,800,000.00 12,460,000.00 -40.10% 8,964,295.00 4,750,000.00 -47.01%
Panama PAB 4,400,000.00 7,500,000.00 70.45% 3,527,777.00 3,250,000.00 -7.87%
Peru PEN 55,300,000.00 28,620,000.00 -48.25% 21,644,077.00 12,400,000.00 -42.71%
Philippines PHP 221,200,000.00 423,640,000.00 91.52% 168,360,054.00 183,490,000.00 8.99%
Poland PLN 40,800,000.00 38,170,000.00 -6.45% 18,722,341.00 20,690,000.00 10.51%
Portugal EUR 9,100,000.00 7,690,000.00 -15.49% 5,590,585.00 2,420,000.00 -56.71%
Paraguay PYG 42,603,600,000.00 58,787,530,000.00 37.99% 24,074,748,949.00 18,857,520,000.00 -21.67%
Qatar QAR 25,300,000.00 29,130,000.00 15.14% 14,415,316.00 9,730,000.00 -32.50%
Romania RON 32,000,000.00 38,950,000.00 21.72% 16,563,781.00 12,670,000.00 -23.51%
Serbia RSD 294,000,000.00 865,400,000.00 194.35% 222,897,998.00 282,250,000.00 26.63%
Russian Federation RUB 415,800,000.00 717,000,000.00 72.44% 268,975,889.00 241,250,000.00 -10.31%
Saudi Arabia SAR 33,200,000.00 30,000,000.00 -9.64% 21,749,204.00 10,090,000.00 -53.61%
Sweden SEK 132,600,000.00 100,880,000.00 -23.92% 56,167,969.00 43,910,000.00 -21.82%
Singapore SGD 16,900,000.00 13,400,000.00 -20.71% 7,815,872.00 5,640,000.00 -27.84%
Slovenia EUR 10,900,000.00 8,000,000.00 -26.61% 6,250,000.00 2,690,000.00 -56.96%
Slovakia EUR 3,500,000.00 8,680,000.00 148.00% 2,069,223.00 2,670,000.00 29.03%
Senegal XAF 6,026,000,000.00 5,335,410,000.00 -11.46% 6,026,022,848.00 1,630,230,000.00 -72.95%
Tunisia TND 2,000,000.00 25,090,000.00 1154.50% 1,140,702.00 8,310,000.00 628.50%
Turkey TRY 221,500,000.00 249,610,000.00 12.69% 129,047,826.00 108,570,000.00 -15.87%
Trinidad and Tobago TTD 6,800,000.00 54,350,000.00 699.26% 6,794,741.00 17,430,000.00 156.52%
Taiwan TWD 299,000,000.00 251,560,000.00 -15.87% 141,145,910.00 83,320,000.00 -40.97%
Ukraine UAH 279,500,000.00 302,000,000.00 8.05% 141,340,552.00 98,500,000.00 -30.31%
United States USD 15,000,000.00 10,000,000.00 -33.33% 6,805,531.00 4,020,000.00 -40.93%
Uruguay UYU 25,100,000.00 317,210,000.00 1163.78% 25,102,958.00 109,550,000.00 336.40%
South Africa ZAR 159,000,000.00 143,320,000.00 -9.86% 47,661,325.00 54,610,000.00 14.58%