Germany takes the top position in the 2020 Bloomberg Innovation Index.
The Bloomberg Innovation Index is an annual assessment of how innovative countries are based on a set of criteria. It includes research and development investments, manufacturing, high-tech companies, post-secondary education, research personnel concentration, productivity and patents.
Based on these categories, Germany ranked in the top five for value-added manufacturing, high-technology density and patent activity.
Bloomberg's ranking methodology trimmed the list of economies from an original 200 to 105 based on the data reported on these 7 categories. Bloomberg only publishes the top 60 countries.
