Statement:
In Iceland, startup ecosystem seems to be more developed than in Egypt

In the Startup Ecosystem Index rating Iceland holds position #41 ²⁰²² out of 99 and Egypt is #65 out of 99 ²⁰²².
Position of Iceland is better than position of Egypt.

Referencies:

1. Startup Ecosystem Index ²⁰²² by StartupBlink

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

   Egypt	'Total Score' value is	1.777
   Iceland	'Total Score' value is	5.427