Nepal: Innovation index

* indicates monthly or quarterly data series
 Nepal

Innovations index (0-100)

 Latest value 18.10
 Year 2024
 Measure points
 Data availability 2012 - 2024
 Average 22.60
 Min - Max 17.60 - 26.00
 Source Cornell University, INSEAD, and the WIPO
The latest value from 2024 is 18.1 points, a decline from 18.84 points in 2023. In comparison, the world average is 31.57 points, based on data from 132 countries. Historically, the average for Nepal from 2012 to 2024 is 22.6 points. The minimum value, 17.6 points, was reached in 2022 while the maximum of 26 points was recorded in 2012. 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 data
Nepal - Innovation index - Recent values chart

Historical series
Nepal - Innovation index - historical chart - 2012-2024




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 Reference Measure
 Innovation index 18.10 2024 points
 Research and development expenditure 0.30 2010 percent
 Information technology exports 0.21 2021 percent
 High tech exports 3.33 2022 million U.S. dollars
 High tech exports, percent of manufactured exports 0.54 2022 percent
 Patent applications by residents 20 2017 patent applications
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