Bosnia and Herzegovina advanced five positions on the Global Innovation Index

Geneva, September 29, 2022 - Bosnia and Herzegovina has moved up five positions to rank 70 among 132 economies represented in the Global Innovation Index for 2022, published by the World Intellectual Property Organization (WIPO).

The following table shows the rankings of Bosnia and Herzegovina over the past three years, noting that data availability and changes to the GII model framework influence year-on-year comparisons of the GII rankings. The statistical confidence interval for the ranking of Bosnia and Herzegovina in the GII 2022 is between ranks 67 and 76.

Bosnia and Herzegovina performs better in innovation inputs than innovation outputs in 2022.

This year Bosnia and Herzegovina ranks 64th in innovation inputs, higher than both 2021 and 2020.

As for innovation outputs, Bosnia and Herzegovina ranks 75th. This position is higher than last year but the same as 2020.

Bosnia and Herzegovina ranks 20th among the 36 upper-middle-income group economies, and ranks 37th among the 39 economies in Europe.

The GII report for Bosnia and Herzegovina is available here.

The Global Innovation Index (GII) ranks world economies according to their innovation capabilities. Consisting of roughly 80 indicators, grouped into innovation inputs and outputs, the GII aims to capture the multi-dimensional facets of innovation. This edition's thematic focus is on the future of innovation-driven growth.

“This year’s GII finds that innovation is at a crossroads as we emerge from the pandemic. While innovation investments surged in 2020 and 2021, the outlook for 2022 is clouded not just by global uncertainties but continued underperformance in innovation-driven productivity. This is why we need to pay more attention to not just investing in innovation, but how it translates into economic and social impact. Quality and value will become as critical to success as quantity and scale”, states WIPO’s Director General Daren Tang.

According to WIPO’s 2022 Global Innovation Index (GII), Switzerland, the United States, Sweden, the United Kingdom and the Netherlands are the world’s most-innovative economies, with China on the threshold of the top 10. Other emerging economies are also showing consistently strong performance, including India and Türkiye, both of which enter the top 40 for the first time.

Complete publication "Global Innovation Index 2022" is available at the following link.