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Belgium is world’s 13th most innovative economy

Published on 17 January, the 2017 Bloomberg Innovation Index identifies Belgium as the 13th-most innovative economy in the world. Moving up 3 places in comparison to 2016’s ranking, a place among the top 10 is but a heartbeat away.

Productivity and high-tech density

Each year, the Bloomberg Innovation Index ranks economies by analyzing factors such as R&D spending and the concentration of high-tech public companies. Achieving 13th place overall, Belgium broke through in the top 10 for the categories of ‘productivity’ and ‘high-tech density’. A spot in the global top 10 most innovative economies is an attainable ambition.

most innovative economy in the world
for productivity
for high-tech density

High scores within Europe

In July 2016, Europe already praised Belgium for its innovation efforts. The European Innovation Scoreboard, Europe’s official innovation index, zoomed in on the close collaboration between companies and public organizations in Belgium, for which the country claimed 1st place. In the overall ranking, Belgium claimed 7th place.

About Belgium and Flanders

With Dutch as its official language, Flanders (Dutch: Vlaanderen) is the northern region of Belgium. The capital of both Belgium and Flanders is Brussels.

More info

Bloomberg Innovation IndexFind out more about R&D and innovation in Flanders
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20 January 2017

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