Overview

• The 2025 top 10 are Switzerland, Sweden, the United States, the Republic of Korea, Singapore, the United Kingdom, Finland, the Netherlands, Denmark, and China.
• Global R&D growth slowed to 2.9% in 2024 and is forecast at 2.3% in 2025, the weakest since 2010, according to WIPO.
• China moves up to 10th after steady gains and is named the most innovative upper middle-income economy as well as the world’s No. 2 R&D spender.
• Germany drops to 11th, with WIPO noting that the country’s innovation outputs continue to outperform its inputs.
• India ranks 38th overall and leads lower middle-income economies and the Central and Southern Asia region.