In 2020, Argentina was the country with the most valuable startup ecosystem in Latin America. This South American nation's ecosystem was valued at 99 billion U.S. dollars that year. Brazil ranked second, with a startup ecosystem value of 91 billion U.S. dollars. Buenos Aires concentrated the largest amount of startups in Argentina as of November 2020.
Startup ecosystem value in selected countries in Latin America in 2020
(in billion U.S. dollars)
it considers technology-based private companies born in Latin America and the Caribbean and owned by founders from the region. It includes companies that have raised more than one million U.S. dollars of capital and with an estimated value of six million U.S. dollars or more.
Supplementary notes
Various sources include Surfing Tsunamis, Tecnolatinas, LAVCA, Crunchbase, Pitchbook, Techcrunch, Research Reports and Media Reports
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Inter-American Development Bank. (March 25, 2021). Startup ecosystem value in selected countries in Latin America in 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1226965/startup-ecosystem-value-latin-america/
Inter-American Development Bank. "Startup ecosystem value in selected countries in Latin America in 2020 (in billion U.S. dollars)." Chart. March 25, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1226965/startup-ecosystem-value-latin-america/
Inter-American Development Bank. (2021). Startup ecosystem value in selected countries in Latin America in 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1226965/startup-ecosystem-value-latin-america/
Inter-American Development Bank. "Startup Ecosystem Value in Selected Countries in Latin America in 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1226965/startup-ecosystem-value-latin-america/
Inter-American Development Bank, Startup ecosystem value in selected countries in Latin America in 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1226965/startup-ecosystem-value-latin-america/ (last visited November 21, 2024)
Startup ecosystem value in selected countries in Latin America in 2020 (in billion U.S. dollars) [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1226965/startup-ecosystem-value-latin-america/
