Statement:
In Panama, startup ecosystem seems to be less developed than in United Arab Emirates

In the Startup Ecosystem Index rating Panama holds position #78 2022 out of 99 and United Arab Emirates is #27 out of 99 2022.
Position of Panama is worse than position of United Arab Emirates.

Referencies:

  1. Startup Ecosystem Index 2022 by StartupBlink
    The countries in the rating sorted by 'Total Score' in descending order.
    Panama 'Total Score' value is 0.633
    United Arab Emirates 'Total Score' value is 9.412