Analytics, EU – Baltic States, Good for Business, Innovations, Rating
International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 00:02
Estonia ranks higher on Global Innovations Index than Latvia and Lithuania
The Global Innovations Index covers 127 countries of the
worlds, assessing 81 indicators that affect innovations, including political
environment, education, infrastructure and business development.
Among seven categories of indicators, Latvia showed the best
performance in creative outputs category, where Latvia ranked 14th. In the
institutions category Latvia ranked 28th, in market development category Latvia
ranked 42nd, in knowledge and technology outputs Latvia ranked 48th, in human
capital and research category Latvia ranked 52nd.
The most innovative countries in the world are Switzerland,
Sweden, the Netherlands, the US, the UK, Denmark, Singapore, Finland, Germany
and Ireland.
Meanwhile, the countries showing the weakest innovations are
Togo, Guinea, and Yemen.
Last year Latvia ranked 34th on the Global Innovations
Index, Estonia ranked 24th, Lithuania ranked 36th.