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

In the Startup Ecosystem Index rating Iceland holds position #41 ²⁰²² out of 99 and Uruguay is #56 out of 99 ²⁰²².
Position of Iceland is better than position of Uruguay.

Referencies:

1. Startup Ecosystem Index ²⁰²² by StartupBlink

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

   Iceland	'Total Score' value is	5.427
   Uruguay	'Total Score' value is	3.304