Data mined from the United Nations’ World Intellectual Property Organisation (WIPO) Global Innovation Index has been harnessed in ranking the world’s most innovative economies for the year 2022.
While innovation is quite a intricate prioosition to quantify, the Global Innovation Index exists as a long-standing effort to this effect
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.
The framework used for the index was designed to create a more complete analysis, leveraging on 81 indicators across seven categories to calculate a country’s score.
Indicators are classed into seven categories including:
√ Business Sophistication
√ Market Sophistication
√ Human Capital and Research
√ Creative Outputs
√ Knowledge and Technology Outputs.
Switzerland was ranked as the world’s most innovative country for the 12th successive year in 2022.
The top 10 most innovative countries in the world include:
1. 🇨🇭 Switzerland Score: 64.6
2 🇺🇲 U.S. 61.8
3 🇸🇪 Sweden 61.6
4 🇬🇧 United Kingdom 59.7
5 🇳🇱 Netherlands 58.0
6 🇰🇷 South Korea 57.8
7 🇸🇬 Singapore 57.3
8 🇩🇪 Germany 57.2
9 🇫🇮 Finland 56.9
10 🇩🇰 Denmark 55.9
The highest ranked in Africa is the island nation of Mauritius, with a global rank of 45, followed by South Africa with a rank of 61.
Nigeria has a low global ranking given her score of 16.9.