Top 5 Most Innovative Economies in Asia

3. Singapore

R&D Expenditure as a Percentage of GDP (2020): 2.1%

High Technology Exports (2020): $160 billion

Digital Adoption Index (2016): 0.870

Insider Monkey Score: 1.0

Singapore is one of the most innovative countries in Asia. In 2020, the country spent 2.1% of its GDP on R&D. The high technology exports of the country were $160 billion in 2020.