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

In the Startup Ecosystem Index rating Indonesia holds position #38 ²⁰²² out of 99 and Iceland is #41 out of 99 ²⁰²².
Position of Indonesia is better than position of Iceland.

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
   Indonesia	'Total Score' value is	5.586