Iceland: At the Forefront of Innovation

Author: Birute | #BRG

According to the 2022 Global Innovation Index, Iceland ranks 20th, 3 places down from 2021. In the institutions and business sophistication categories, it holds the 14th position. It ranks 1st in the following categories: the use of information and communication technologies, electricity output, a share of gross domestic expenditure on research and development (GERD) financed abroad, the number of published scientific articles per capita and online creativity.