Statement:
In Sri Lanka, startup ecosystem seems to be less developed than in Armenia

In the Startup Ecosystem Index rating Sri Lanka holds position #90 2022 out of 99 and Armenia is #60 out of 99 2022.
Position of Sri Lanka is worse than position of Armenia.

Referencies:

  1. Startup Ecosystem Index 2022 by StartupBlink
    The countries in the rating sorted by 'Total Score' in descending order.
    Armenia 'Total Score' value is 2.151
    Sri Lanka 'Total Score' value is 0.402