India improves it rank to 39th in the 2024 Global Innovation Index

India's ranking in the 2024 Global Innovation Index (GII) has improved to 39, up from 40 in the last edition. India's ranking has improved by 42 in the last nine years, from 81st in 2015 to 39 in 2024. 

Switzerland maintained its position as the top-ranked country, while Angola, an African country, was at the bottom.

The World Intellectual Property Organisation released the 17th edition of the Global Innovation Index on 26 September 2024, ranking the countries on their innovation qualities.

About the  17th Global Innovation Index 

The Global Innovation Index has been published by the World Intellectual Property Organisation (WIPO) every year since 2007. In the 17th edition, 133 countries and the world’s top 100 science and technology clusters were ranked based on innovation performance.

The countries are evaluated using around 80 indicators grouped into four parameters: science and innovation investment, technological progress, technology adoption and the socioeconomic impact of innovation. 

Performance of India in the 2024 Global Innovation Index

• India has been ranked 39th in the 2024 Global Innovation Index.
• India is the top-ranked country amongst the 38 lower-middle-income group economies.
• Amongst the 10 economies of Central and Southern Asia, India has been ranked 1st.
• Regarding the Innovations Input criteria, India has improved its ranks to 44th.
• Similarly, India ranks 33rd in innovation outputs, which is higher than last year.
• Like last year, four Indian clusters have been included in the top 100 Science and Technology Clusters of the Global Innovation Index. 
• Bengaluru is the highest-ranked Indian cluster at 56th place in the world, followed by Delhi(63), Chennai (82), and Mumbai (84th place).

Top 10 Country in the 2024 Global Innovation Index

This year also, Switzerland has been ranked number 1 on the Global Innovation index. This is the 14th consecutive year that Switzerland has been ranked no.1 on the Index. Like last year, Sweden and the United States maintained their 2nd and 3rd position, respectively. 

Following is the list of the top 10 ranked countries in the 2024 Global Innovation Index.

1. Switzerland 
2. Sweden
3. United States
4. United Kingdom
5. Singapore
6. Finland
7. Netherland
8. Germany
9. Denmark
10. South Korea

About World Intellectual Property Organisation (WIPO)

The World Intellectual Property Organisation (WIPO) was set up in 1967 as a United Nations special agency.

WIPO promotes intellectual property worldwide and helps governments, businesses, and society realise the benefits of intellectual property.

Headquarters of WIPO: Geneva, Switzerland

Director General of WIPO: Daren Tang

Members -193 countries