Global Innovation Index

Global Innovation Index Latest News

According to the World Intellectual Property Organisation’s (WIPO) Global Innovation Index (GII) 2025, R&D growth fell to 2.9 per cent in 2024 and is projected to drop further to 2.3 per cent in 2025.

About Global Innovation Index 

• It is a ranking of countries as per their success and capacity in innovation.
• It was first launched in 2007, and has become the leading global benchmark for measuring and comparing innovation performance.
• It is recognized by the UN General Assembly as an authoritative reference for Science, Technology and Innovation (STI) policies.
• It is published yearly by the World Intellectual Property Organization (WIPO).
• It tracks global innovation trends through investment patterns, technological progress, adoption rates, and socioeconomic impacts.
• Significance: It provides a useful resource for government, industry, researchers and anyone with a stake in developing innovation ecosystems around the world.

Key Highlights of the Global Innovation Index 2025

• Top 5 Innovators: For the 15th consecutive year, Switzerland ranks first, followed by Sweden in second, the United States in third, the Republic of Korea in fourth, and Singapore in fifth.
• New Entrants and Rising Stars: China has entered the top 10 for the first time, securing the 10th position and leading all middle-income economies.
• Other countries like India, Türkiye, Vietnam, and Morocco are noted for their upward mobility in the rankings.
• India has risen to 38th place among 139 economies in the Global Innovation Index (GII) 2025, a remarkable improvement from its 81st rank in 2015.

Source: IE

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