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Global Innovation Index

Report cover of the Global Innovation Index Report 2024
Language	English, French, Italian, Spanish, Arabic, Chinese, Russian, German, Korean, Portuguese, Japanese
Publication details
History	2007–present
Publisher	World Intellectual Property Organization
Frequency	Annual
License	CC BY 4.0
Standard abbreviations ISO 4 (alt) · Bluebook (alt) NLM (alt) · MathSciNet (alt )
ISO 4	Glob. Innov. Index
Indexing CODEN (alt · alt2) · JSTOR (alt) · LCCN (alt) MIAR · NLM (alt) · Scopus
ISSN	2263-3693
Links
wipo.int/global_innovation_index globalinnovationindex.org

The Global Innovation Index is an annual ranking of countries by their capacity for, and success in, innovation, published by the World Intellectual Property Organization (WIPO). It was started in 2007 by INSEAD and World Business, a British magazine. Until 2021 it was published by WIPO, in partnership with Cornell University, INSEAD and other organisations and institutions. It is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum.

History

The index was started in 2007 by INSEAD and World Business, a British magazine. It was created by Soumitra Dutta.

Methodology

The index is computed by taking a simple average of the scores in two sub-indices, the Innovation Input Index and Innovation Output Index, which are composed of five and two pillars respectively. Each of these pillars describe an attribute of innovation, and comprise up to five indicators, and their score is calculated by the weighted average method.

Since its inception in 2007, an increasing number of governments systematically analyze their annual GII results and design policy responses to improve their performance. The index is mentioned in a resolution on science, technology and innovation for sustainable development adopted on 19 December 2019 by the General Assembly of the United Nations.

The index has been criticized for giving excessive significance attributed to factors that aren’t integral to innovation. For instance, “Ease of Paying Taxes“, “Electricity Output“ (half-weightage) and “Ease of Protecting Minority Investors” are factors alongside “Ease of Getting Credit” and “Venture Capital Deals“.

Themes

Every two years the GII covers a theme related to innovation which goes beyond the innovation rankings. In 2020, the theme was “Who will finance innovation?” shedding light on the state of innovation financing by investigating the evolution of existing mechanisms and pointing to progress and remaining challenges. Previous GII themes covered health innovation, environmental innovation, agricultural and food innovation, and others.

Ranking

The Global Innovation Index 2024 (GII) scores 133 countries. Sorting is in descending order by score.

Rank	Country	Score	Income group
1	Switzerland	67.5	High-income
2	Sweden	64.5	High-income
3	United States	62.4	High-income
4	Singapore	61.2	High-income
5	United Kingdom	61.0	High-income
6	South Korea	60.9	High-income
7	Finland	59.4	High-income
8	Netherlands	58.8	High-income
9	Germany	58.1	High-income
10	Denmark	57.1	High-income
11	China	56.3	Upper middle-income
12	France	55.4	High-income
13	Japan	54.1	High-income
14	Canada	52.9	High-income
15	Israel	52.7	High-income
16	Estonia	52.3	High-income
17	Austria	50.3	High-income
18	Hong Kong	50.1	High-income
19	Ireland	50.0	High-income
20	Luxembourg	49.1	High-income
21	Norway	49.1	High-income
22	Iceland	48.5	High-income
23	Australia	48.1	High-income
24	Belgium	47.7	High-income
25	New Zealand	45.9	High-income
26	Italy	45.3	High-income
27	Cyprus	45.1	High-income
28	Spain	44.9	High-income
29	Malta	44.8	High-income
30	Czech Republic	44.0	High-income
31	Portugal	43.7	High-income
32	United Arab Emirates	42.8	High-income
33	Malaysia	40.5	Upper middle-income
34	Slovenia	40.2	High-income
35	Lithuania	40.1	High-income
36	Hungary	39.6	High-income
37	Turkey	39.0	Upper middle-income
38	Bulgaria	38.5	High-income
39	India	38.3	Lower middle-income
40	Poland	37.0	High-income
41	Thailand	36.9	Upper middle-income
42	Latvia	36.4	High-income
43	Croatia	36.3	High-income
44	Vietnam	36.2	Lower middle-income
45	Greece	36.2	High-income
46	Slovakia	34.3	High-income
47	Saudi Arabia	33.9	High-income
48	Romania	33.4	High-income
49	Qatar	32.9	High-income
50	Brazil	32.7	Upper middle-income
51	Chile	32.6	High-income
52	Serbia	32.3	Upper middle-income
53	Philippines	31.1	Lower middle-income
54	Indonesia	30.6	Upper middle-income
55	Mauritius	30.6	Upper middle-income
56	Mexico	30.4	Upper middle-income
57	Georgia	30.4	Upper middle-income
58	North Macedonia	29.9	Upper middle-income
59	Russia	29.7	High-income
60	Ukraine	29.5	Lower middle-income
61	Colombia	29.2	Upper middle-income
62	Uruguay	29.1	High-income
63	Armenia	29.0	Upper middle-income
64	Iran	28.9	Lower middle-income
65	Montenegro	28.9	Upper middle-income
66	Morocco	28.8	Lower middle-income
67	Mongolia	28.7	Lower middle-income
68	Moldova	28.7	Upper middle-income
69	South Africa	28.3	Upper middle-income
70	Costa Rica	28.3	Upper middle-income
71	Kuwait	28.1	High-income
72	Bahrain	27.6	High-income
73	Jordan	27.5	Lower middle-income
74	Oman	27.1	High-income
75	Peru	26.7	Upper middle-income
76	Argentina	26.4	Upper middle-income
77	Barbados	26.1	High-income
78	Kazakhstan	25.7	Upper middle-income
79	Jamaica	25.7	Upper middle-income
80	Bosnia and Herzegovina	25.5	Upper middle-income
81	Tunisia	25.4	Lower middle-income
82	Panama	24.7	High-income
83	Uzbekistan	24.7	Lower middle-income
84	Albania	24.5	Upper middle-income
85	Belarus	24.2	Upper middle-income
86	Egypt	23.7	Lower middle-income
87	Botswana	23.1	Upper middle-income
88	Brunei	22.8	High-income
89	Sri Lanka	22.6	Lower middle-income
90	Cape Verde	22.3	Lower middle-income
91	Pakistan	22.0	Lower middle-income
92	Senegal	22.0	Lower middle-income
93	Paraguay	21.9	Upper middle-income
94	Lebanon	21.5	Lower middle-income
95	Azerbaijan	21.3	Upper middle-income
96	Kenya	21.0	Lower middle-income
97	Dominican Republic	20.8	Upper middle-income
98	El Salvador	20.6	Upper middle-income
99	Kyrgyzstan	20.4	Lower middle-income
100	Bolivia	20.2	Lower middle-income
101	Ghana	20.0	Lower middle-income
102	Namibia	20.0	Upper middle-income
103	Cambodia	19.9	Lower middle-income
104	Rwanda	19.7	Low-income
105	Ecuador	19.3	Upper middle-income
106	Bangladesh	19.1	Lower middle-income
107	Tajikistan	18.6	Lower middle-income
108	Trinidad and Tobago	18.4	High-income
109	Nepal	18.1	Lower middle-income
110	Madagascar	17.9	Low-income
111	Laos	17.8	Lower middle-income
112	Ivory Coast	17.5	Lower middle-income
113	Nigeria	17.1	Lower middle-income
114	Honduras	16.7	Lower middle-income
115	Algeria	16.2	Lower middle-income
116	Zambia	15.7	Lower middle-income
117	Togo	15.6	Low-income
118	Zimbabwe	15.6	Lower middle-income
119	Benin	15.4	Lower middle-income
120	Tanzania	15.3	Lower middle-income
121	Uganda	14.9	Low-income
122	Guatemala	14.6	Upper middle-income
123	Cameroon	14.4	Lower middle-income
124	Nicaragua	14.0	Lower middle-income
125	Myanmar	13.8	Lower middle-income
126	Mauritania	13.2	Lower middle-income
127	Burundi	13.2	Low-income
128	Mozambique	13.1	Low-income
129	Burkina Faso	12.8	Low-income
130	Ethiopia	12.3	Low-income
131	Mali	11.8	Low-income
132	Niger	11.2	Low-income
133	Angola	10.2	Lower middle-income

See also

• International Innovation Index

References

1. ^ Jean-Eric Aubert (editor) (2010). Innovation Policy: A Guide for Developing Countries. Washington, DC: World Bank. ISBN 9780821382691.
2. Charles H. Matthews, Ralph Brueggemann (2015). Innovation and Entrepreneurship: A Competency Framework. London; New York: Routledge. ISBN 9780415742528.
3. "UK ranked as world-leader in innovation". Department for Business, Innovation & Skills. 17 September 2015. Retrieved 15 July 2016.
4. "Academic Network – Portulans Institute". portulansinstitute.org. Retrieved 15 November 2022.
5. Soumitra Dutta, Bruno Lanvin, Sacha Wunsch-Vincent (editors) (2015). Global Innovation Index Report 2015. Fontainebleau; Ithaca; Geneva: INSEAD, Cornell and WIPO. ISBN 9782952221085. Archived 18 February 2016.
6. "Republic Act No. 11293 : The Philippine Innovation Act declares the GII as a measure of innovation". lawphil.net. Retrieved 15 November 2022.
7. In July 2021, the Intellectual Property Strategy Headquarters under the Prime Minister's Office in Japan decided on the Intellectual Property Promotion Plan 2021, setting forth a plan of annual action related to intellectual property for all ministries and agencies. In the first part of the plan, WIPO's GII is cited (p.5):https://www.kantei.go.jp/jp/singi/titeki2/kettei/chizaikeikaku20210713.pdf
8. The GII is also cited throughout the official Malaysian Government report, the Twelfth Malaysia Plan (RMK12): https://rmke12.epu.gov.my/en.
9. "Resolution No. 01/NQ-CP on solutions for implementation of socio economic development plan in 2021". LuatVietnam. Retrieved 9 November 2022.
10. "UK ranked as world-leader in innovation". Department for Business, Innovation & Skills. 17 September 2015. Retrieved 15 July 2016.
11. A/RES/74/229: Seventy-fourth session: Agenda item 20 (b): Globalization and interdependence: science, technology and innovation for sustainable development: Resolution adopted by the General Assembly on 19 December 2019. Accessed December 2021.
12. Dašić, Predrag; Dašić, Jovan; Antanasković, Dejan; Pavićević, Nina (2020). "Statistical Analysis and Modeling of Global Innovation Index (GII) of Serbia". In Karabegović, Isak (ed.). New Technologies, Development and Application III. Lecture Notes in Networks and Systems. Vol. 128. Cham: Springer International Publishing. pp. 515–521. doi:10.1007/978-3-030-46817-0_59. ISBN 978-3-030-46817-0. S2CID 218917874.
13. "Publications: Global Innovation Index". Wipo.int. Retrieved 8 May 2022.
14. WIPO. "Global Innovation Index 2024, 17th Edition". www.wipo.int. Retrieved 1 October 2024.
15. Akhilesh, Kumar (12 June 2024). "Political Economy of STI in China: Analyzing Official Discourse on Science, Technology and Innovation-Driven Development in the Contemporary China". BRICS Journal of Economics. Retrieved 14 June 2024.

•  This article incorporates text available under the CC BY 4.0 license.

Further reading

• Global innovation rankings: The innovation game. The Economist. September 17, 2015.

• Research
• International rankings
• Innovation
• Macroeconomic indicators
• World Intellectual Property Organization