Economy & BusinessInnovation: Morocco ranked 77ᵉ globally

Innovation: Morocco ranked 77ᵉ globally

-

Morocco is down two places in the 2021 annual ranking of the World Intellectual Property Organization (WIPO), released on Monday. However, the kingdom remains in the top 100 worldwide, ranking 77th place.

In its latest report, the UN agency assessed the strengths and weaknesses in different categories, primarily to determine the capabilities and success of innovation in the economy of each country.

To this end, PMOI analysts described Morocco as “above the expected level, given the level of development. They determined that Morocco’s innovation was much higher, compared to countries with similar GDP per capita.

However, Morocco has lost two places compared to the ranking of 2020, and finds in the 77th place for this year out of 132 countries. This position ranks it 12ᵉ in Africa and 19ᵉ in the Arab world.

Switzerland, Sweden, the United States of America, the United Kingdom and South Korea remain at the top of the innovation ranking, in the top five places, as has already been the case for three years.

The Moroccan Blog
The Moroccan Blog
The Moroccan Blog is an English based newsblog dedicated to Morocco. You can find here all news from Morocco across a variety of topics: Arts & Culture, Economy & Business, Lifestyle, Moroccan Sahara, MRE, Society, Tourism & Travel and more.

Latest news

Algeria becomes Maghreb’s “least wealthy” country

Algeria has become the least wealthy country in the Maghreb, with a lower GDP per capita than its neighbors...

Economic growth in Morocco forecast at 2.5% in 2023 and 3.3 in 2024 (World Bank)

Morocco's economic growth is expected to reach 2.5% this year before rising to 3.3 in 2024, compared with just...

Solo travel: a growing trend among Moroccans

The "solo" travel trend has recently begun to gain in popularity among Moroccans, driven by social networks where many...

Must read

Here are the most popular tea brands for Moroccans

In Morocco, some 400 brands of tea are marketed...

Aeronautics: Swiss Pilatus chooses Morocco

Pilatus has just signed a contract with Sabca Maroc...

Apple soon at Morocco Mall

The apple brand will strengthen its presence in Morocco....

You might also likeRELATED
Recommended to you