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The Most Innovative Economies in the World

Source: Statista

Cancer research, meat alternatives and smart home technologies are among the major developments of our time. But which countries are world leaders in research and development, patent activity, high-tech density and everything that comes with fostering innovation?

A Bloomberg ranking released today shows the most innovative countries by index value. South Korea ranked highest in 2021, after Germany won the ranking in 2020. The East Asian country had been at the helm of the list also from 2014 to 2019. The U.S. ranked 11th, losing three ranks in two years, and exited the top 10 for the first time.

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