Statement:
In Uruguay, startup ecosystem seems to be less developed than in South Africa

In the Startup Ecosystem Index rating Uruguay holds position #56 ²⁰²² out of 99 and South Africa is #49 out of 99 ²⁰²².
Position of Uruguay is worse than position of South Africa.

Referencies:

1. Startup Ecosystem Index ²⁰²² by StartupBlink

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

   South Africa	'Total Score' value is	4.466
   Uruguay	'Total Score' value is	3.304