The Global Innovation Index 2018. Energizing the World with Innovation


The report covers 126 economies around the world and uses 80 indicators to measure the innovation performance.

The Global Innovation Index is calculated as the average of two sub-indices: the Innovation Input Sub-Index and the Innovation Output Sub-Index.

The Input Sub-Index is composed of five input pillars determining innovation activities within the economy:

(1) Institutions

(2) Human capital and research

(3) Infrastructure

(4) Market sophistication

(5) Business sophistication.

The Output Sub-Index measures the results of innovative activities within the economy. There are two output pillars:

(6) Knowledge and technology outputs

(7) Creative outputs.

For the Global Innovation Index, Belgium obtains a score of 50.5 (on a scale of 100, with higher scores representing better outcomes) and a 25th position (out of 126) (27 out of 127 in the 2017 Edition). For the Sub-Indexes, a score of 59.5 (21st) for the Input Sub-Index and a score of 41.5 (23rd) for the Output Sub-Index are recorded. For each country, an Innovation Efficiency Ratio (ratio of the Output Sub-Index over the Input Sub-Index) measuring how a country translates its innovation capabilities into innovation outputs is estimated. This Belgian ratio reaches 0.7 (38th position).

According to the scores at the pillars, the strengths of Belgium are: Human capital & research (13th out of 126) (in particular, Education, but with the exception of Graduates in science & engineering), Business sophistication (17th out of 126) (knowledge workers, innovation linkages) (with the exception of FDI net inflows). The weakness of Belgium is: Market sophistication (42nd out of 126) (in particular, Ease of getting credit).

According to the scores at the indicators, Belgium has also the following strengths: Business environment and Creative goods & services.