In 2020, Argentina and Brazil concentrated over 80 percent of the startup ecosystem value in Latin America. Argentina, with the largest share, accounted for 45 percent, followed closely by Brazil with 41 percent. In 2019, Brazil was the country with the highest new business ownership rate in the region, with nearly 16 percent of population aged 18 to 64 owning or managing a new business.
Distribution of the startup ecosystem value in Latin America in 2020, by country
Characteristic
Share of startup ecosystem value
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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.
* Figure calculated by Statista based o the information provided by the source
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Inter-American Development Bank. (March 25, 2021). Distribution of the startup ecosystem value in Latin America in 2020, by country [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1227083/distribution-startup-ecosystem-value-latin-america-country/
Inter-American Development Bank. "Distribution of the startup ecosystem value in Latin America in 2020, by country." Chart. March 25, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1227083/distribution-startup-ecosystem-value-latin-america-country/
Inter-American Development Bank. (2021). Distribution of the startup ecosystem value in Latin America in 2020, by country. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1227083/distribution-startup-ecosystem-value-latin-america-country/
Inter-American Development Bank. "Distribution of The Startup Ecosystem Value in Latin America in 2020, by Country." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1227083/distribution-startup-ecosystem-value-latin-america-country/
Inter-American Development Bank, Distribution of the startup ecosystem value in Latin America in 2020, by country Statista, https://www.statista.com/statistics/1227083/distribution-startup-ecosystem-value-latin-america-country/ (last visited August 25, 2024)
Distribution of the startup ecosystem value in Latin America in 2020, by country [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1227083/distribution-startup-ecosystem-value-latin-america-country/