News: Recently, the World Intellectual Property Organisation’s (WIPO) published Global Innovation Index (GII) 2025.
About the Global Innovation Index (GII) 2025
- Published by: The Global Innovation Index (GII) 2025 is published annually by the World Intellectual Property Organisation (WIPO).
- It evaluates 139 economies using more than 80 indicators measuring innovation inputs and outputs.
- The index tracks trends in research and development (R&D), technology creation, market sophistication, and institutional performance.
- Global R&D growth slowed to 2.9 percent in 2024 and is projected to decline further to 2.3 percent in 2025.
- This represents the lowest level of R&D growth since the 2010 financial crisis.
- Rankings
- Switzerland remains the most innovative country in the world according to the GII 2025.
- Sweden ranks second with a GII score of 62.6.
- The United States ranks third with a GII score of 61.7.
- China enters and strengthens its position in the global top ten by leading in patents and technology outputs.
- Regional Innovation Highlights
- Europe leads as the most innovative region, with 15 countries in the global top 25, including six in the top 10.
- North America remains strong, led by the United States at rank three and Canada at rank seventeen.
- Southeast Asia, East Asia, and Oceania continue to emerge as global innovation hubs, with six economies in the top 25.
About India’s Rank in the GII 2025
- India ranks thirty-eighth globally in the GII 2025, moving up from rank forty-eight in 2020.
- India holds the first position among lower-middle-income economies and the first position in the Central and Southern Asia region.
- India performs best in Knowledge and Technology Outputs, where it ranks twenty-second.
- India also performs relatively well in Market Sophistication, where it ranks thirty-eighth.
- India shows weaker performance in Business Sophistication (rank sixty-four), Infrastructure (rank sixty-one), and Institutions (rank fifty-eight).
- India ranks thirty-eighth globally, showing steady improvement over the last five years.
- India lags behind both China and the United States but continues to climb the innovation rankings.
