Statement:
In Portugal, startup ecosystem seems to be more developed than in Luxembourg

In the Startup Ecosystem Index rating Portugal holds position #28 2022 out of 99 and Luxembourg is #40 out of 99 2022.
Position of Portugal is better than position of Luxembourg.

Referencies:

  1. Startup Ecosystem Index 2022 by StartupBlink
    The countries in the rating sorted by 'Total Score' in descending order.
    Luxembourg 'Total Score' value is 5.447
    Portugal 'Total Score' value is 9.390