5 Most Innovative Economies in 2024: Why WIPO Rankings Are Inaccurate

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In this article, we will look into the 5 most innovative economies in 2024. If you want to read our detailed analysis, you can go directly to 25 Most Innovative Economies in 2024: Why WIPO Rankings Are Inaccurate.

5. Belgium

R&D Expenditure as a Percentage of GDP (2021): 3.42%

High Technology Exports (2021): $52.2 billion

Digital Adoption Index (2016): 0.780

Insider Monkey Score: 2.8

Belgium ranks 5th among the most innovative economies in 2024. The country spent 3.42% of its GDP on research and development in 2021. The high technology exports of the country were $52.2 billion in 2021.

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