Montenegro: Innovation index

* indicates monthly or quarterly data series
 Montenegro

Innovations index (0-100)

 Latest value 30.3
 Year 2022
 Measure points
 Data availability 2012 - 2022
 Average 37.28
 Min - Max 30.3 - 41.2
 Source Cornell University, INSEAD, and the WIPO
For that indicator, we provide data for Montenegro from 2012 to 2022. The average value for Montenegro during that period was 37.28 points with a minimum of 30.3 points in 2022 and a maximum of 41.2 points in 2015. The latest value from 2022 is 30.3 points. For comparison, the world average in 2022 based on 128 countries is 32.09 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
Montenegro - Innovation index - recent values

Historical chart
Montenegro - Innovation index - historical chart - 2012-2022




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.


 Related indicators Latest value Reference Measure
 Innovation index 30.30 2022 points
 Research and development expenditure 0.36 2019 percent
 Information technology exports 1.17 2021 percent
 High tech exports 14.40 2022 million U.S. dollars
 High tech exports, percent of manufactured exports 8.21 2022 percent
 Patent applications by residents 5 2020 patent applications
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