Statement:
In North Macedonia, startup ecosystem seems to be less developed than in Serbia

In the Startup Ecosystem Index rating North Macedonia holds position #69 ²⁰²² out of 99 and Serbia is #52 out of 99 ²⁰²².
Position of North Macedonia is worse than position of Serbia.

Referencies:

1. Startup Ecosystem Index ²⁰²² by StartupBlink

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

   North Macedonia	'Total Score' value is	1.162
   Serbia	'Total Score' value is	4.289