Honduras
South America · Pop. 10.8M
Enterprise value · 2015–2025
Honduras grew 8.0× since 2015
Combined enterprise value of every tracked startup headquartered in Honduras that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent ecosystems by EV
Academia
Honduras's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Honduras.
Vs. similarly-sized ecosystems
How Honduras stacks up
Peers chosen from the same South America cluster within ±70% of Honduras'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. Honduras'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 |
| 30 | Honduras | $10.6M | — | 0 | $0 | 10 |
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