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Visual Capitalist Publishes the 2023 Global Innovation Index

Visual Capitalist Publishes the 2023 Global Innovation Index

Sedat Onat
Visual Capitalist Publishes the 2023 Global Innovation Index

Visual Capitalist has published the 2023 Global Innovation Index (incidentally, about half of the translated content remains in English...).

Key takeaways at first glance:
1- The top 3 rankings have barely changed since 2019. The number-one position has remained unchanged throughout.
2- Turkey ranks third in its region, behind Israel and the UAE. Israel's position needs no elaboration, but the UAE is genuinely putting in serious effort — it has been working for decades to move oil away from being its primary source of income.
3- There is an almost direct linear relationship between GDP and R&D spending. Each drives the other.
4- In IT hardware products, Apple ranks fourth at the industry average.
5- In software, Uber ranks second ahead of Alphabet. Meta holds the top spot.
6- Tesla is absent from the automotive list, with GM ranking first — a notable development.
7- In the other products category, Netflix ranks fourth, ahead of GM and Airbus.
8- In supercomputing, the United States and Japan have been competing neck-and-neck since 2015.

Notes on the report's design:
1- There is not a single Pie Chart — and PIE CHARTS ARE THE MOST MEANINGLESS CHARTS IN THE WORLD!
2- The majority of charts in the report consist of Bar Charts and Line Charts, which are the easiest to interpret for comparative analysis.
3- Bubble and Scatter Charts are used together in a few places, but they at least succeed in telling the story.

You can access the report via the link below.

https://www.visualcapitalist.com/most-innovative-countries-in-2023/

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