Bolivia
South America · Pop. 12.4M
Enterprise value · 2022–2025
Bolivia grew 1.1× since 2022
Combined enterprise value of every tracked startup headquartered in Bolivia that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent ecosystems by EV
Academia
Bolivia's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Bolivia.
Vs. similarly-sized ecosystems
How Bolivia stacks up
Peers chosen from the same South America cluster within ±70% of Bolivia's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.
Top overview
South America ecosystems — combined view
Top ecosystems in South America ranked by combined EV. Bolivia's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | Brazil | $235B | 16.2× | 32 | $2B | 3,952 |
| 2 | Argentina | $141B | 7.1× | 9 | $150.9M | 767 |
| 3 | Mexico | $45.1B | 10.0× | 13 | $1.4B | 1,281 |
| 4 | Colombia | $21.1B | 16.5× | 2 | $207.1M | 680 |
| 5 | Chile | $17.8B | 12.3× | 3 | $189.9M | 850 |
| 6 | El Salvador | $12.6B | — | 1 | $72.8M | 34 |
| 7 | Cayman Islands | $10.7B | 150.5× | 4 | $184.5M | 108 |
| 8 | British Virgin Islands | $5.8B | 64.8× | 1 | $249.9M | 124 |
| 9 | Uruguay | $4.6B | 15.7× | 2 | $38.2M | 93 |
| 10 | Bermuda | $2.7B | 5.5× | 1 | $22M | 29 |
| 11 | Ecuador | $1.6B | — | 1 | $600K | 61 |
| 28 | Bolivia | $19.8M | — | 0 | $0 | 20 |
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