On the Global Innovation Index 2021, Pakistan has risen eight places to 99th place in 2021, up from 107th place in 2020, by the World Intellectual Property Organization.
The country is ranked 17th out of 34 lower-middle-income countries on the list, and 7th out of the 10 economies in Central and South Asian countries.
Pakistan’s performance this year, in terms of GDP, was on par with its degree of development, according to the index. Furthermore, in comparison to its level of ‘innovation investment,’ the country created higher ‘innovation outputs’ this year.
Pakistan outperforms the majority of the 34 lower-middle-income countries on the list in four important areas: Institutions, Business Sophistication, Knowledge and Technology Outputs, and Creative Outputs.
Meanwhile, Pakistan outperformed the majority of the Central and South Asian countries on the list in four key areas: Institutions, Business Sophistication, Knowledge and Technology Outputs, and Creative Outputs.
According to the research, Pakistan did best in the area of Knowledge and Technology Deliverables while falling short in the area of Market Sophistication.
Every year, the Global Innovation Index examines the innovative power of 132 nations in seven critical categories.
Check out Pakistan performance in each Global Innovation Index category:
|Knowledge and Technology Outputs||71st|
|Human Capital and Research||117th|
Overall, Switzerland has led the Global Innovation Index for the 11th year in a row. On the 2021 index, Switzerland is followed by Sweden, the United States, and the United Kingdom. The top four places on the Global Innovation Index 2021 remained the same as last year.
Have a look at the top 10 countries on the Global Innovation Index 2021.