Intellectual Capital Index
Intellectual Capital Index
Quality and availability of education in the past are an indication for today’s R&D and innovation capabilities, and today’s education performance reflect future innovation capabilities. Strength and depth of R&D activities is the basis for the development of value-added technologies and services. Educational performance indicators are therefore highly important to estimate the ability for sustained innovation and competitiveness
Intellectual capital: sustaining the innovation drive
Innovation – which in turn is the result of education – allows countries to compete in the globalised markets.
In order to create and sustain wealth, jobs and income for the population are required. Providing jobs requires producing goods and providing services that people or businesses, domestically or abroad, are willing to buy. This in turn requires products and services to be competitive in the global market in terms of quality and price. To maximise the domestic benefits, the value chain is ideally covered within the boundaries of a national economy – the largest share of adding value is contained in processing raw materials and/or parts to finished products.
The Intellectual Capital Index is based indicators that measure the extend of the following clusters
State of the World – Intellectual Capital
The global average in the Intellectual Capital Index is 37 – the gap to a perfect World 63. The Difference between low-performing countries (lowest: 16) and the highest score (74) is striking, and reflects – even stronger than a GNI comparison – the North-South gap. A high score in the Intellectual Capital Index is the basis for future innovation and therefore economic success. Unfortunately, poor countries also score poor in Intellectual Capital, raising the fear that large parts of Africa will remain trapped in poverty.
On a positive note, nearly 60% of all indicators show positive development globally. However, most of the improvements seem to be originating in Europe, Far & South-East Asia, and the Americas (excluding Central America).
Countries with a high score in this ranking are more likely than others to develop (or sustain) successful economies through research and know-ledge driven industries, i.e. high-value added industries, and therefore achieve higher growth rates.
Intellectual Capital Index Ranking 2023
- The Innovation ranking continues to be topped by South Korea – by a considerable margin.
China is ranked 3, the US 7
North-Eastern Asian nations (S. Korea, China, Japan, Singapore) dominate the intellectual capital sub-index of the GSCI.
North-East Asia trend show a faster development than their counterparts in “The West”
Scandinavian Nations are all within the top twenty, as is Israel
The UK is ranked 5, Germany 6
Brazil is ranked 70, and India 84.
Morocco (54) and South Africa (59) are the highest ranked nation on the African continent
Most of Africa is unfortunately still underperforming in the global intellectual capital comparison, raising fear of prolonged entrapment in poverty
2023 Intellectual Capital Ranking
Rank | Country | Score |
---|---|---|
1 | South Korea | 75.2 |
2 | Singapore | 68.9 |
3 | China | 68.8 |
4 | Japan | 68.6 |
5 | United Kingdom | 65.2 |
6 | Germany | 65.2 |
7 | USA | 64.6 |
8 | Switzerland | 63.6 |
9 | Israel | 61.8 |
10 | France | 61.6 |
11 | Finland | 61.4 |
12 | Sweden | 60.7 |
13 | Denmark | 60.5 |
14 | Norway | 60.4 |
15 | Netherlands | 59.9 |
16 | Austria | 59.6 |
17 | Belgium | 59.1 |
18 | Portugal | 58.8 |
19 | Turkey | 58.6 |
20 | Italy | 57.4 |
21 | Canada | 55.7 |
22 | Iceland | 55.3 |
23 | Czech Republic | 55.2 |
24 | Thailand | 55.1 |
25 | Slovenia | 55.0 |
26 | Estonia | 55.0 |
27 | Australia | 53.5 |
28 | Russia | 53.3 |
29 | Iran | 53.0 |
30 | Latvia | 52.8 |
31 | Poland | 51.9 |
32 | Malta | 50.6 |
33 | Cyprus | 50.6 |
34 | Lithuania | 50.0 |
35 | New Zealand | 49.7 |
36 | Ireland | 49.2 |
37 | Chile | 49.1 |
38 | Vietnam | 49.0 |
39 | Luxembourg | 48.9 |
40 | Hungary | 48.5 |
42 | Peru | 47.7 |
43 | Tonga | 47.5 |
44 | Colombia | 47.1 |
45 | Spain | 46.5 |
46 | Croatia | 46.4 |
47 | Micronesia | 46.1 |
48 | Slovakia | 46.0 |
49 | Malaysia | 45.7 |
50 | Greece | 45.5 |
51 | Timor-Leste | 45.1 |
52 | Uruguay | 44.7 |
53 | Kiribati | 44.4 |
54 | Morocco | 44.3 |
55 | Ecuador | 44.2 |
56 | Fiji | 43.8 |
57 | Saudi Arabia | 43.6 |
58 | Kazakhstan | 43.5 |
59 | South Africa | 43.5 |
60 | United Arab Emirates | 43.1 |
Rank | Country | Score |
---|---|---|
61 | Mauritius | 42.9 |
62 | Oman | 42.9 |
63 | Philippines | 42.9 |
64 | Solomon Islands | 42.6 |
65 | Qatar | 42.4 |
66 | West Bank and Gaza | 42.3 |
67 | Mexico | 42.1 |
68 | Mongolia | 42.0 |
69 | Azerbaijan | 42.0 |
70 | Brazil | 41.9 |
71 | Argentina | 41.8 |
72 | Paraguay | 41.8 |
73 | Nepal | 41.6 |
74 | Georgia | 41.6 |
75 | Algeria | 41.5 |
76 | Kyrgistan | 41.5 |
77 | Ukraine | 41.2 |
78 | Burma | 41.2 |
79 | Serbia | 41.0 |
80 | Tunisia | 40.5 |
81 | Indonesia | 40.4 |
82 | Cuba | 40.1 |
83 | Guyana | 40.0 |
84 | India | 39.9 |
85 | Costa Rica | 39.9 |
86 | Sao Tome and Principe | 39.8 |
87 | Turkmenistan | 39.7 |
88 | Albania | 39.6 |
89 | Seychelles | 39.5 |
90 | Vanuatu | 39.5 |
91 | Armenia | 39.3 |
92 | Rwanda | 39.2 |
93 | Samoa | 39.1 |
94 | St. Vincent and the Grenadines | 39.0 |
95 | Bulgaria | 38.8 |
97 | Uzbekistan | 38.2 |
98 | Belarus | 38.0 |
99 | Bhutan | 37.9 |
100 | Bahrain | 37.8 |
101 | Jordan | 37.8 |
102 | Grenada | 37.7 |
103 | Belize | 37.7 |
104 | Egypt | 37.7 |
105 | St. Kitts and Nevis | 37.5 |
106 | Dominican Republic | 37.4 |
107 | Dominica | 37.3 |
108 | Eswatini | 37.3 |
109 | Senegal | 37.2 |
110 | Maldives | 37.2 |
111 | Moldova | 37.0 |
112 | Laos | 37.0 |
113 | Guatemala | 36.9 |
114 | Bolivia | 36.8 |
115 | Sri Lanka | 36.7 |
116 | Bangladesh | 36.3 |
117 | Jamaica | 36.2 |
118 | Kuwait | 36.2 |
119 | Tajikistan | 36.1 |
120 | Montenegro | 36.1 |
Rank | Country | Score |
---|---|---|
121 | Brunei | 36.0 |
122 | Bahamas | 35.5 |
123 | Gambia | 35.4 |
124 | Syria | 35.4 |
125 | Kenya | 35.3 |
126 | Panama | 35.3 |
128 | Romania | 35.0 |
129 | Suriname | 34.9 |
130 | Togo | 34.7 |
131 | Cameroon | 34.4 |
132 | Bosnia and Herzegovina | 34.0 |
133 | Namibia | 33.8 |
135 | North Macedonia | 33.5 |
136 | Djibouti | 33.4 |
137 | Gabon | 33.3 |
138 | Cote d'Ivoire | 33.0 |
139 | Mozambique | 32.8 |
140 | Liberia | 32.2 |
141 | Trinidad and Tobago | 32.1 |
142 | Burkina Faso | 32.0 |
143 | Nicaragua | 31.9 |
144 | Venezuela | 31.2 |
145 | Benin | 31.1 |
146 | Sierra Leone | 31.0 |
147 | Malawi | 30.9 |
148 | Honduras | 30.9 |
149 | Burundi | 30.8 |
150 | Lesotho | 30.4 |
151 | Zambia | 30.3 |
152 | Botswana | 30.0 |
153 | Yemen | 29.9 |
154 | Cape Verde | 29.8 |
155 | Ghana | 29.3 |
156 | El Salvador | 29.1 |
157 | Haiti | 28.6 |
158 | Cambodia | 28.5 |
159 | Tanzania | 28.5 |
160 | Lebanon | 28.3 |
161 | Ethiopia | 28.3 |
162 | Pakistan | 27.8 |
163 | Republic of Congo | 27.6 |
164 | Comoros | 27.6 |
166 | Iraq | 26.9 |
167 | Democratic Republic of Congo | 26.7 |
168 | Zimbabwe | 26.4 |
169 | Guinea | 26.1 |
170 | Sudan | 25.9 |
171 | Mauritania | 25.8 |
172 | Angola | 25.8 |
173 | Madagascar | 25.7 |
174 | Papua New Guinea | 25.7 |
175 | Nigeria | 25.4 |
176 | Mali | 24.7 |
177 | Uganda | 24.4 |
178 | Chad | 24.4 |
179 | Central African Republic | 23.6 |
180 | Afghanistan | 23.5 |