Australia is ranked as the 17th most innovative nation in the world, according to the Global Innovation Index — but that overall result hides poor performances in some important areas.
Prime Minister Malcolm Turnbull has announced his Government will spend almost $ 1.1 billion to promote business-based research, development and innovation.
Australia’s ranking of 17th is made up of many different indicators. On some Australia performs extremely well compared to other countries but on others it performs poorly.
For instance, although Australia is ranked number one in the world for how many years kids typically spend at school, it’s a lowly 77th based on how many people are graduating from science and engineering degrees. On that measure, the data puts Australia below Azerbaijan, Mongolia and Guatemala.
The following chart shows Australia’s global ranking on each metric that makes up its innovation ranking — and which ones the report identifies as strengths and weaknesses for Australia.
Each number represents Australia’s ranking out of the 141 countries included in the index.
Topics: government-and-politics, federal-government, australia