Top 5 Most Innovative Economies in Asia

2. Japan

R&D Expenditure as a Percentage of GDP (2021): 3.3%

High Technology Exports (2021): $117 billion

Digital Adoption Index (2016): 0.619

Insider Monkey Score: 1.0

Japan ranks 2nd on our list. In 2021, the country spent 3.3% of its GDP on research and development. The high technology exports of the country were $117 billion in 2021.