Statement:
In South Africa, startup ecosystem seems to be less developed than in Brazil
In the Startup Ecosystem Index rating
South Africa holds position #49 2022
out of 99 and Brazil is #26 out of 99 2022.
Position of South Africa is worse than position of Brazil.
Referencies:
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Startup Ecosystem Index 2022 by StartupBlinkThe countries in the rating sorted by 'Total Score' in descending order.
Brazil 'Total Score' value is 9.480 South Africa 'Total Score' value is 4.466