Global innovation trends REGIONAL INNOVATION GAP PERSISTS BUT SOUTH-EAST ASIA AND EAST ASIA CLOSE THE GAP WITH NORTH AMERICA AND EUROPE Switzerland maintains its leadership and the US overtakes Sweden to take second place in the global innovation ranking Spain's innovation profile SPAIN'S STRENGTHS IN INNOVATION INCLUDE SPENDING ON SOFTWARE (%GDP) AND ENROLMENT IN HIGHER EDUCATION, WHILE ITS WEAKNESSES INCLUDE THE LIMITED IMPACT OF KNOWLEDGE ON IMPROVING LABOUR PRODUCTIVITY Spain is in 29th place in the global ranking, and in 18th place among the 39 European economies Innovative activity in Spain is in line with expectations given its level of development

1. Global Innovation Index 2022
ECONOMY
In data
Global innovation trends
REGIONAL INNOVATION GAP PERSISTS BUT SOUTH-EAST ASIA AND EAST ASIA CLOSE THE GAP WITH NORTH AMERICA AND EUROPE
Source: Círculo de Empresarios based on WIPO, 2022.
TOTAL R&D EXPENDITURE
2020
+3.3%
y-o-y
5th position
MAIN STRENGTH
SPAIN 2022
Spending on software (%GDP)
POSITION SPAIN
GLOBAL RANKING
2022
29º
18th in Europe
Spain's innovation profile
SPAIN'S STRENGTHS IN INNOVATION INCLUDE SPENDING ON SOFTWARE (%GDP) AND ENROLMENT IN HIGHER EDUCATION, WHILE ITS
WEAKNESSES INCLUDE THE LIMITED IMPACT OF KNOWLEDGE ON IMPROVING LABOUR PRODUCTIVITY
Spain is in 29th place in the global ranking, and in
18th place among the 39 European economies
Position in overall ranking and in the 7 pillars
VENTURE CAPITAL DEALS
2021
+46%
y-o-y
Switzerland maintains its leadership and the US overtakes Sweden to take second place in the global innovation ranking
Rank among 132 economies
Innovative activity in Spain is in line with expectations
given its level of development
Correlation per capita income - ranking score
Spain
Italy
France
Sweden
Germany
US
Switzerland
10
15
20
25
30
35
40
45
50
55
60
65
750 7500 75000
Ranking
score
Per capita income ($PPP)
Activity above
expectations
Activity in line
to expectations
Activity below
expectations
Movement in the GII, top 5, 2018-2022
Top 10
Switzerland
1st
US
Sweden
UK
Netherlands
Korea Rep.
Singapore
Germany
Finland
Denmark
2nd
3rd
4th
5th
6th
7th
8th
9th
10th
1
2
3
4
5
2018 2019 2020 2021 2022
Switzerland
US
Sweden
UK
Netherlands
Czech Rep.
Singapore
Top 3 innovative economies by region
Northern America
1. US
2. Canada
Latin America and
the Caribbean
1. Chile
2. Brazil
3. Mexico
Europe
1. Switzerland
2. Sweden
3. UK
Sub-Saharan
Africa
1. South Africa
2. Bostwana
3. Kenya
Northern Africa and Western Asia
1. Israel
2. UAE
3. Turkey
Central and Southern Asia
1. India
2. Iran
3. Uzbekistan
South East Asia
and East Asia
1. Korea Rep.
2. Singapore
3. China
Top 10 technology clusters
The main clusters are concentrated in East
Asia and the US
PROGRESS IN INNOVATION IN RECENT YEARS, ALTHOUGH THEY ARE NOW SUBJECT TO NEW GLOBAL CHALLENGES
Short term
2020 → 2021
Long term
2011 → 2021
(average annual
growth)
Electric battery
price
Microchip
transistor count
-5.7% +21.4%
2019 → 2021
-17.9% +36.5%
Technological progress
Mobile
broadband
Robots and
automatization
Electric
vehicles
+7.6% +10.4%
2019 → 2020
+61.1%
+74%
+17.3% +11%
2010 →2020
Technology adoption
16
Global
29th
▲1 from 2021
26
27
28
30
32
38
Infrastructure
Human capital
and research
Knowledge and
technology outputs
Creative outputs
Market
sophistication
Business
sophistication
Institutions
From best to
worst position
Top 3
Scientific
publications
International
patent filings
Venture capital
value
+8.3% +0.9% +125.5%
+23.6%
+5.7% +4.3%
Science and innovation investments
Total R&D
expenditure
+3.3%
2019 → 2020
+4.6%
2010 → 2020
Corporate R&D
expenditure
+3.5%
2019 → 2020
+5.5%
2010 → 2020