5 Most Innovative Economies in Europe

4. Switzerland

R&D Expenditure as a Percentage of GDP (2021): 3.36%

High Technology Exports (2021): $38.2 billion

Digital Adoption Index (2016): 0.822

Insider Monkey Score: 1.8

Switzerland is one of the most innovative countries in Europe. According to the World Bank, it reported a DAI of 0.822 in 2016. In 2021, the country spent 3.36% of its GDP on research and development. The high technology exports of the country were $38.2 billion in 2021.