Technology

Pakistan rises 8 places in this year’s Global Innovation Rankings

Global Innovation

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. 

Read more: Pakistan up 59 points in OICCI’s Business Confidence Index

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: 

Area Rank 
Knowledge and Technology Outputs 71st 
Creative Outputs 87th 
Business Sophistication 88th 
Institutions 99th 
Infrastructure 117th 
Human Capital and Research 117th 
Market Sophistication 120th 

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. 

Country Rank 
Switzerland 1st 
Sweden 2nd 
US 3rd 
UK 4th 
South Korea 5th 
Netherlands 6th 
Finland 7th 
Singapore 8th 
Denmark 9th 
Germany 10th 

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