Iceland

Innovations Index

51.8
(0-100)
Dec 11Dec 12Dec 13Dec 14Dec 15Dec 16Dec 17Dec 18Dec 19Dec 20Dec 210.00015.0030.0045.0060.00
  • Iceland
  • Global Median
Source: IMF

Global Ranking

12
China54.8
13
Japan54.5
14
Hong Kong53.7
15
Israel53.4
16
Canada53.1
17
Iceland51.8
18
Austria50.9
19
Ireland50.7
20
Norway50.4
21
Estonia49.9
22
Belgium49.2

News

Definition of Innovations Index

The Global Innovation Index includes two sub-indices: the Innovation Input Sub-Index and the Innovation Output Sub-Index. The first sub-index is based on five pillars: Institutions, Human capital and research, Infrastructure, Market sophistication, and Business sophistication. The second sub-index is based on two pillars: Knowledge and technology outputs and Creative outputs. Each pillar is divided into sub-pillars and each sub-pillar is composed of individual indicators. The full report, data, and documentation are available at <a href="https://www.globalinnovationindex.org" target="_blank">global innovation index</a>.

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