Latin America is a region that increasingly grows as a center of innovation and has been standing out over the last few years as the birthplace of different successful startups. This is the case of Rappi, Nubank and Uala, in addition to several others.
In view of this, in order to create such competitiveness, a strong ecosystem is required for structuring and developing new businesses. For that reason, check out which Latin American countries have been most successful in creating these startup-friendly ecosystems:
10. Paraguay (80°)
Quantity: 0.11
Quality: 0.02
Business: 0.22
9. Dominican Republic (78°)
Quantity: 0.15
Quality: 0.02
Business: 0.24
8. Ecuador (71°)
Quantity: 0.15
Quality: 0.05
Business: 0.31
7. Uruguay (66°)
Quantity: 0.22
Quality: 0.05
Business: 0.59
6. Peru (56°)
Quantity: 0.12
Quality: 0.54
Business: 1.29
5. Colombia (46°)
Quantity: 0.66
Quality: 0.64
Business: 1.96
4. Mexico (41°)
Quantity: 0.53
Quality: 1.05
Business: 2.21
3. Argentina (38°)
Quantity: 0.97
Quality: 1.29
Business: 2.33
2. Chile (34°)
Quantity: 1.38
Quality: 0.76
Business: 2.33
1. Brazil (20°)
Quantity: 1.08
Quality: 3.02
Business: 2.25
Source: Startup Ecosystem Rankings 2020
Image: Pixabay
