Laos: Innovation index

* indicates monthly or quarterly data series
 Laos

Innovations index (0-100)

 Latest value 18.31
 Year 2023
 Measure points
 Data availability 2012 - 2023
 Average 19.34
 Min - Max 17.40 - 20.60
 Source Cornell University, INSEAD, and the WIPO
For that indicator, we provide data for Laos from 2012 to 2023. The average value for Laos during that period was 19.34 points with a minimum of 17.4 points in 2022 and a maximum of 20.6 points in 2020. The latest value from 2023 is 18.31 points. For comparison, the world average in 2023 based on 126 countries is 33.17 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Laos - Innovation index - Recent values chart




The Global Innovation Index capture elements of the national economy that enable innovative activities: (1) Institutions, (2) Human capital and research, (3) Infrastructure, (4) Market sophistication, and (5) Business sophistication. Two output pillars capture actual evidence of innovation outputs: (6) Knowledge and technology outputs and (7) Creative outputs.
Definition: The Global Innovation Index includes two sub-indices: the Innovation Input Sub-Index and the Innovation Output Sub-Index. The first sub-index is based on five pillars: Institutions, Human capital and research, Infrastructure, Market sophistication, and Business sophistication. The second sub-index is based on two pillars: Knowledge and technology outputs and Creative outputs. Each pillar is divided into sub-pillars and each sub-pillar is composed of individual indicators. The full report, data, and documentation are available at global innovation index.

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 Related indicators Latest value Reference Measure
 Innovation index 18.31 2023 points
 Research and development expenditure 0.04 2002 percent
 Information technology exports 2.98 2021 percent
 High tech exports 109.84 2021 million U.S. dollars
 High tech exports, percent of manufactured exports 7.29 2021 percent
 Patent applications by residents 1 2018 patent applications
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