Statement:
In Colombia, startup ecosystem seems to be more developed than in Ecuador

In the Startup Ecosystem Index rating Colombia holds position #44 ²⁰²² out of 99 and Ecuador is #87 out of 99 ²⁰²².
Position of Colombia is better than position of Ecuador.

Referencies:

1. Startup Ecosystem Index ²⁰²² by StartupBlink

   The countries in the rating sorted by 'Total Score' in descending order.

   Colombia	'Total Score' value is	5.357
   Ecuador	'Total Score' value is	0.441