Brazil rose five positions in the Global Innovation Index (GII) compared to 2022 and now ranks 49th among 132 countries. After 12 years outside the group of the 50 largest economies in the index, Brazil now leads the ranking of Latin American and Caribbean countries, surpassing Chile (52nd) for the first time.
The data was recently released by the National Confederation of Industry (CNI).
Among the five countries that make up the BRICS (Brazil, Russia, India, China, and South Africa), Brazil ranks third, ahead of Russia (51st) and South Africa (59th). China is in 12th place, and India is in 40th.
Brazil scored high in indicators such as online government services (14th) and e-participation (11th). It also stands out for the value of its 16 unicorns (startups with high market value in dollars), ranking 22nd, and for its intangible assets (31st), achieving good results globally in brands (13th) and in the overall value of its brands (39th).
The top ten countries in the global index are: Switzerland, Sweden, USA, United Kingdom, Singapore, Finland, Netherlands, Germany, Denmark, and South Korea.
The ranking has been published annually since 2007 by the World Intellectual Property Organization (WIPO), in partnership with the Portulans Institute and with the support of international partners — in Brazil’s case, CNI and the Business Mobilization for Innovation (MEI), partners in the production and dissemination of the GII since 2017.
Created in 2007, the GII has become a reference in innovation assessment and a pillar in the creation of science, technology, and innovation policies.
Potential
Despite the gains in position for the third consecutive year, Brazil’s ranking is still considered below the country’s potential, which today boasts the 10th largest economy in the world, according to CNI. For the president of the entity, Robson Braga de Andrade, Brazil has the conditions to advance each year in the ranking through investments and policies aimed at science, technology, and innovation.
“We have a great untapped potential to improve our innovation ecosystem, integrate the scientific and business sectors, and consequently drive even greater innovation,” he declared.
Source: Agência Brasil