Statement:
In Australia, startup ecosystem seems to be more developed than in Latvia

In the Startup Ecosystem Index rating Australia holds position #8 2022 out of 99 and Latvia is #43 out of 99 2022.
Position of Australia is better than position of Latvia.

Referencies:

  1. The countries in the rating sorted by 'Total Score' in descending order.
    Australia 'Total Score' value is 22.454
    Latvia 'Total Score' value is 5.383