Singapore: Innovation index

* indicates monthly or quarterly data series
 Singapore

Innovations index (0-100)

 Latest value 61.47
 Year 2023
 Measure points
 Data availability 2011 - 2023
 Average 59.26
 Min - Max 56.60 - 63.50
 Source Cornell University, INSEAD, and the WIPO
The latest value from 2023 is 61.47 points, an increase from 57.3 points in 2022. In comparison, the world average is 33.17 points, based on data from 126 countries. Historically, the average for Singapore from 2011 to 2023 is 59.26 points. The minimum value, 56.6 points, was reached in 2020 while the maximum of 63.5 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
Singapore - Innovation index - Recent values chart

Historical series
Singapore - Innovation index - historical chart - 2011-2023




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 61.47 2023 points
 Research and development expenditure 2.16 2020 percent
 Information technology exports 32.68 2022 percent
 High tech exports 94,102.98 2022 million U.S. dollars
 High tech exports, percent of manufactured exports 25.01 2022 percent
 Patent applications by residents 2,024 2021 patent applications
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