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Slovenia advances the most in the Bloomberg Innovation Index

In the Bloomberg Innovation Index, measured by the United States Bloomberg Agency, Slovenia took 21st place this year.
In comparison to last year Slovenia has advanced ten spots, which is the greatest improvement among all 60 countries surveyed for the list

In comparison to last year Slovenia has advanced ten spots, which is the greatest improvement among all 60 countries surveyed for the list | Author GettyImages/GulliverFilm&Foto

In comparison to last year it has advanced ten spots, which is the greatest improvement among all 60 countries surveyed for the list. Placing the highest in the rankings is Germany, breaking therewith South Korea's six-year dominance as the most innovative nation.

In the rating published this year by Bloomberg for the eighth year in a row, Slovenia scored a total of 73.93 points, while the first-ranked country Germany scored a total of 88.21 points. Slovenia achieved the best results in value-added manufacturing where it took 8th place.

The second-best ranking for Slovenia is in higher education efficiency (14th), followed by the number of researchers (15th), intensity of research and development (19th), productivity (20th), patent activity (26th) and hi-tech (40th).

The other nine of the top ten best countries are South Korea, Singapore, Switzerland, Sweden, Israel, Finland, Denmark, the United States of America and France.

Other countries to gain five or more spots compared to 2019 along Slovenia are Greece (30th), Latvia (37th), Argentina (45th) and Chile (51st).

In the ranking of the world's most innovative countries Bloomberg takes into account several criteria, including state expenditure for R&D, production capacities and the number of state-owned hi-tech companies.