Knowledge Economic Index

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The Knowledge Indexes were designed as a tool for benchmarking a country's position in relation to others in the global knowledge economy. It was created by the World Bank Institute using the Knowledge Assessment Methodology (KAM). The World Bank discontinued the index after 2012 and it was replaced by The Global Knowledge Index (GKI) from Knowledge4All, a joint initiative between the United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF).[1] Criteria listed in a European Bank for Reconstruction and Development (EBRD) document on the KEI published in 2019 include institutional & legal frameworks (as a basis for patents etc.), number of technical graduates, research spending, number of patents, some measure of collaboration, and amount of venture capital.[2] In total, 38 contributing indicators are described in the ERBD index methodology.

Knowledge Index

The Knowledge Index (KI) is an economic indicator prepared by the World Bank Institute to measure a country's ability to generate, adopt and diffuse knowledge. Methodologically, the KI is the simple average of the normalized performance scores of a country or region on the key variables in three Knowledge Economy pillars - education and human resources, the innovation system and information and communication technology (ICT).[1][2]

Knowledge Economic Index

The Knowledge Economy Index (KEI) takes into account whether the environment is conducive for knowledge to be used effectively for economic development. It is an aggregate index that represents the overall level of development of a country or region towards the Knowledge Economy. The KEI is calculated based on the average of the normalized performance scores of a country or region on all 4 pillars related to the knowledge economy - economic incentive and institutional regime, education and human resources, the innovation system and ICT.[1][2]

The 4 pillars of the Knowledge Economy framework

  • An economic and institutional regime to provide incentives for the efficient use of existing and new knowledge and the flourishing of entrepreneurship;
  • An educated and skilled population to create, share, and use knowledge well;
  • An efficient innovation system of firms, research centers, universities, consultants and other organizations to tap into the growing stock of global knowledge, assimilate and adapt it to local needs, and create new technology;
  • Information and communication technology to facilitate the effective creation, dissemination, and processing of information.

KEI and KI indexes by country

Country KEI KI Economic Incentive Regime Innovation Education ICT 2015 Rank
File:Flag of Denmark.svg Denmark 9.58 9.55 9.66 9.57 9.80 9.28 1
File:Flag of Sweden.svg Sweden 9.52 9.63 9.18 9.79 9.40 9.69 2
File:Flag of Finland.svg Finland 9.37 9.33 9.47 9.66 9.78 8.56 3
File:Flag of the Netherlands.svg Netherlands 9.32 9.36 9.18 9.48 9.26 9.36 4
File:Flag of Norway.svg Norway 9.27 9.27 9.25 9.06 9.60 9.16 5
File:Flag of Canada (Pantone).svg Canada 9.21 9.14 9.42 9.43 9.26 8.74 6
File:Flag of Switzerland (Pantone).svg  Switzerland 9.15 9.03 9.50 9.89 7.69 9.52 7
File:Flag of the United Kingdom.svg United Kingdom 9.09 9.03 9.28 9.18 8.54 9.38 8
File:Flag of the United States.svg United States 9.08 9.05 9.16 9.45 8.77 8.93 9
File:Flag of Australia (converted).svg Australia 9.05 9.17 8.66 8.72 9.64 9.16 10
File:Flag of Ireland.svg Ireland 8.92 8.82 9.23 9.04 9.08 8.33 11
File:Flag of Austria.svg Austria 8.89 8.76 9.30 8.90 8.53 8.85 12
File:Flag of Iceland.svg Iceland 8.88 8.87 8.92 7.98 9.44 9.18 13
File:Flag of Germany.svg Germany 8.87 8.83 8.99 9.00 8.46 9.04 14
File:Flag of New Zealand.svg New Zealand 8.87 9.00 8.48 8.65 9.79 8.56 15
File:Flag of Belgium (civil).svg Belgium 8.73 8.70 8.82 8.96 9.14 8.02 16
File:Flag of the Republic of China.svg Taiwan 8.69 8.80 8.35 9.24 7.91 9.26 17
File:Flag of Luxembourg.svg Luxembourg 8.65 8.40 9.42 8.91 6.66 9.62 18
File:Flag of Japan.svg Japan 8.56 8.84 7.71 9.15 8.71 8.66 19
File:Flag of France.svg France 8.47 8.69 7.82 8.61 9.08 8.38 20
File:Flag of Estonia.svg Estonia 8.34 8.22 8.68 7.49 8.27 8.90 21
File:Flag of Slovenia.svg Slovenia 8.25 8.29 8.11 8.31 8.24 8.33 22
File:Flag of Spain.svg Spain 8.24 8.13 8.58 8.14 8.21 8.04 23
File:Flag of Singapore.svg Singapore 8.24 7.75 9.71 9.56 5.19 8.50 24
File:Flag of Israel.svg Israel 8.22 8.24 8.16 9.34 6.72 8.64 25
File:Flag of Hong Kong.svg Hong Kong, China 8.20 7.73 9.60 8.64 5.30 9.26 26
File:Flag of Italy.svg Italy 7.86 8.19 6.84 8.04 7.86 8.68 27
File:Flag of Hungary.svg Hungary 7.85 7.67 8.39 8.14 7.62 7.25 28
File:Flag of the Czech Republic.svg Czech Republic 7.83 7.70 8.23 7.60 8.11 7.39 29
File:Flag of Lithuania.svg Lithuania 7.68 7.60 7.94 6.59 8.36 7.84 30
File:Flag of South Korea.svg South Korea 7.68 8.38 5.57 8.47 7.97 8.71 31
File:Flag of Latvia.svg Latvia 7.64 7.51 8.04 6.40 8.41 7.73 32
File:Flag of Cyprus.svg Cyprus 7.55 7.47 7.77 7.65 6.45 8.32 33
File:Flag of Portugal.svg Portugal 7.52 7.22 8.44 7.43 6.83 7.39 34
File:Flag of Greece.svg Greece 7.38 7.48 7.08 7.63 8.20 6.62 35
File:Flag of Poland.svg Poland 7.38 7.37 7.39 6.92 7.94 7.25 36
File:Flag of Slovakia.svg Slovakia 7.33 7.12 7.99 6.86 6.98 7.51 37
File:Flag of Barbados.svg Barbados 7.25 7.78 5.66 7.51 8.40 7.44 38
File:Flag of Croatia.svg Croatia 7.19 7.19 7.16 7.54 6.44 7.61 39
File:Flag of Chile.svg Chile 6.92 6.53 8.11 6.81 6.31 6.46 40
File:Flag of Bulgaria.svg Bulgaria 6.80 6.73 7.01 6.43 7.42 6.33 41
File:Flag of the United Arab Emirates.svg United Arab Emirates 6.66 6.57 6.95 6.74 4.78 8.18 42
File:Flag of Romania.svg Romania 6.37 6.20 6.87 5.66 6.30 6.63 43
File:Flag of Uruguay.svg Uruguay 6.35 6.31 6.49 5.26 7.18 6.48 44
File:Flag of Qatar.svg Qatar 6.15 6.20 5.99 5.77 5.29 7.56 45
File:Flag of Dominica.svg Dominica 6.07 5.61 7.46 3.76 6.24 6.82 46
File:Flag of Costa Rica.svg Costa Rica 6.06 5.85 6.70 6.24 5.01 6.30 47
File:Flag of Malaysia.svg Malaysia 6.06 6.02 6.18 6.83 4.14 7.08 48
File:Flag of Russia.svg Russian Federation 5.40 6.69 1.55 6.89 7.09 6.08 49
File:Flag of Bahrain.svg Bahrain 6.02 5.75 6.84 4.20 5.82 7.22 50
File:Flag of Kuwait.svg Kuwait 6.01 5.68 7.01 5.05 4.87 7.13 51
File:Flag of Ukraine.svg Ukraine 5.80 6.38 4.06 5.77 7.91 5.45 52
File:Flag of Argentina.svg Argentina 5.49 6.44 2.63 6.85 6.49 5.98 53
File:Flag of Trinidad and Tobago.svg Trinidad and Tobago 5.64 5.54 5.95 6.02 4.34 6.27 54
File:Flag of Brazil.svg Brazil 5.57 6.00 4.30 6.07 5.84 6.08 55
File:Flag of Turkey.svg Turkey 5.61 5.14 7.02 5.67 4.38 5.38 56
File:Flag of South Africa.svg South Africa 5.55 5.47 5.81 6.92 4.51 4.98 57
File:Flag of Jordan.svg Jordan 5.53 5.46 5.77 5.66 5.49 5.21 58
File:Flag of Armenia.svg Armenia 5.51 5.44 5.71 6.17 6.32 3.84 59
File:Flag of Mexico.svg Mexico 5.45 5.48 5.38 5.82 4.85 5.77 60
File:Flag of Thailand.svg Thailand 5.44 5.41 5.51 5.98 5.27 5.00 61
File:Flag of Oman.svg Oman 5.37 4.72 7.32 4.95 4.30 4.90 62
File:Flag of North Macedonia.svg Macedonia 5.33 5.23 5.61 4.76 4.87 6.06 63
File:Flag of Mauritius.svg Mauritius 5.18 4.58 6.95 3.70 4.09 5.96 64
File:Flag of Saudi Arabia.svg Saudi Arabia 5.15 5.07 5.39 4.04 4.87 6.29 65
File:Flag of Jamaica.svg Jamaica 5.04 5.40 3.99 5.36 4.10 6.74 66
File:Flag of Moldova.svg Moldova 5.04 5.32 4.19 4.39 6.40 5.17 67
File:Flag of Kazakhstan.svg Kazakhstan 5.01 5.08 4.82 3.77 7.21 4.25 68
File:Flag of Belarus.svg Belarus 4.93 6.39 0.55 5.54 8.00 5.63 69
File:Flag of Lebanon.svg Lebanon 4.86 4.91 4.70 4.69 4.76 5.27 70
File:Flag of Tunisia.svg Tunisia 4.73 4.56 5.26 4.58 4.10 5.00 71
File:Flag of Panama.svg Panama 4.69 4.45 5.39 5.45 4.86 3.04 72
File:Flag of Georgia.svg Georgia 4.69 5.07 3.54 5.38 5.97 3.85 73
File:Flag of Peru.svg Peru 4.64 4.86 3.98 3.88 5.57 5.12 74
File:Flag of Mongolia.svg Mongolia 4.50 4.28 5.18 2.06 6.31 4.46 75
File:Flag of Colombia.svg Colombia 4.42 4.62 3.83 4.26 4.79 4.80 76
File:Flag of the People's Republic of China.svg China 4.35 4.46 4.01 5.12 4.11 4.16 77
File:Flag of Guyana.svg Guyana 4.31 4.97 2.33 4.47 5.80 4.64 78
File:Flag of the Philippines.svg Philippines 4.25 4.02 4.95 3.63 4.76 3.66 79
File:Flag of Venezuela.svg Venezuela 4.23 5.47 0.51 5.73 5.27 5.41 80
File:Flag of Namibia.svg Namibia 4.19 3.20 7.14 3.30 2.57 3.74 81
File:Flag of Sri Lanka.svg Sri Lanka 4.16 4.07 4.44 4.44 4.91 2.85 82
File:Flag of Albania.svg Albania 4.04 4.08 3.91 3.10 4.94 4.20 83
File:Flag of Egypt.svg Egypt 4.03 4.19 3.57 4.55 4.35 3.66 84
File:Flag of Botswana.svg Botswana 3.96 3.50 5.34 4.34 2.58 3.59 85
File:Flag of the Dominican Republic.svg Dominican Republic 3.92 3.81 4.24 2.91 4.11 4.42 86
File:Flag of El Salvador.svg El Salvador 3.91 3.65 4.70 3.19 3.26 4.50 87
File:Flag of Azerbaijan.svg Azerbaijan 3.81 3.93 3.42 3.05 5.03 3.73 88
File:Flag of Kyrgyzstan.svg Kyrgyzstan 3.74 3.90 3.25 2.70 6.25 2.75 89
File:Flag of Paraguay.svg Paraguay 3.62 3.87 2.87 3.47 4.20 3.93 90
File:Flag of Ecuador.svg Ecuador 3.46 4.08 1.58 3.55 3.77 4.93 91
File:Flag of Morocco.svg Morocco 3.45 3.33 3.80 3.67 2.00 4.32 92
File:Flag of Bolivia.svg Bolivia 3.42 3.63 2.78 3.05 4.76 3.09 93
File:Flag of Iran.svg Iran 3.39 4.13 1.18 3.02 3.89 5.48 94
File:Flag of Uzbekistan.svg Uzbekistan 3.28 4.03 1.03 3.51 6.17 2.40 95
File:Flag of Algeria.svg Algeria 3.25 3.50 2.53 3.48 3.64 3.37 96
File:Flag of Cape Verde.svg Cape Verde 3.24 3.05 3.81 2.25 2.96 3.96 97
File:Flag of Indonesia.svg Indonesia 3.23 3.19 3.36 3.32 3.42 2.82 98
File:Flag of Honduras.svg Honduras 3.21 3.18 3.30 3.30 3.17 3.06 99
File:Flag of India.svg India 3.12 2.94 3.67 3.97 2.26 2.59 100
File:Flag of Guatemala.svg Guatemala 3.11 2.88 3.78 2.47 2.21 3.97 101
File:Flag of Vietnam.svg Vietnam 3.02 3.08 2.85 2.83 3.32 3.08 102
File:Flag of Eswatini.svg Swaziland 2.93 3.05 2.56 4.55 1.73 2.88 103
File:Flag of Syria.svg Syrian Arab Republic 2.90 3.34 1.55 3.44 2.91 3.68 104
File:Flag of Nicaragua.svg Nicaragua 2.87 2.64 3.57 1.99 2.93 3.02 105
File:Flag of Kenya.svg Kenya 2.82 2.65 3.31 3.87 1.49 2.60 106
File:Flag of Tajikistan.svg Tajikistan 2.79 2.93 2.37 2.33 5.34 1.10 107
File:Flag of Senegal.svg Senegal 2.63 2.15 4.07 2.77 0.92 2.75 108
File:Flag of Zimbabwe.svg Zimbabwe 2.51 3.25 0.29 4.09 2.38 3.29 109
File:Flag of Ghana.svg Ghana 2.50 2.00 3.97 2.08 1.80 2.13 110
File:Flag of Uganda.svg Uganda 2.46 1.93 4.04 2.72 1.16 1.92 111
File:Flag of Madagascar.svg Madagascar 2.37 1.51 4.93 2.54 0.76 1.25 112
File:Flag of Mauritania.svg Mauritania 2.35 1.83 3.89 1.75 0.94 2.80 113
File:Flag of Tanzania.svg Tanzania 2.28 1.72 3.98 2.39 1.05 1.70 114
File:Flag of Pakistan.svg Pakistan 2.24 2.18 2.43 2.75 1.07 2.72 115
File:Flag of Lesotho.svg Lesotho 2.15 1.99 2.65 2.70 1.73 1.53 116
File:Flag of Benin.svg Benin 2.10 1.80 3.00 2.33 1.14 1.93 117
File:Flag of Nigeria.svg Nigeria 2.04 2.33 1.16 2.72 1.87 2.41 118
File:Flag of Yemen.svg Yemen 1.80 1.83 1.72 1.68 1.83 1.99 119
File:Flag of Mali.svg Mali 1.78 1.18 3.58 1.69 0.66 1.19 120
File:Flag of Mozambique.svg Mozambique 1.71 1.20 3.24 1.86 0.33 1.41 121
File:Flag of Angola.svg Angola 1.70 1.67 1.76 2.44 0.88 1.70 122
File:Flag of Cameroon.svg Cameroon 1.69 1.85 1.20 2.49 1.36 1.70 123
File:Flag of Burkina Faso.svg Burkina Faso 1.64 1.11 3.24 2.15 0.26 0.93 124
File:Flag of Nepal.svg   Nepal 1.61 1.46 2.06 2.04 1.50 0.84 125
File:Flag of Malawi.svg Malawi 1.55 1.17 2.71 2.11 0.87 0.53 126
File:Flag of Laos.svg Laos 1.53 1.68 1.08 1.43 2.01 1.59 127
File:Flag of Bangladesh.svg Bangladesh 1.49 1.63 1.10 1.71 1.52 1.66 128
File:Flag of Myanmar.svg Myanmar 1.48 1.52 1.35 1.17 2.58 0.82 129
File:Flag of Rwanda.svg Rwanda 1.34 0.85 2.80 1.47 0.35 0.74 130
File:Flag of Ethiopia.svg Ethiopia 1.18 0.93 1.95 1.57 0.73 0.48 131
File:Flag of Djibouti.svg Djibouti 1.15 1.14 1.19 1.29 0.49 1.63 132
File:Flag of Eritrea.svg Eritrea 1.07 1.20 0.68 1.56 0.81 1.22 133
File:Flag of Sierra Leone.svg Sierra Leone 0.91 0.92 0.87 1.70 0.67 0.39 134
File:Flag of Bosnia and Herzegovina.svg Bosnia and Herzegovina n/a n/a 4.24 3.29 n/a 5.33 135
File:Flag of Yugoslavia (1992–2003); Flag of Serbia and Montenegro (2003–2006).svg Serbia and Montenegro n/a n/a 3.46 4.85 n/a 5.59 136
File:Flag of Haiti.svg Haiti n/a n/a 1.29 1.15 n/a 1.57 137
File:Flag of Côte d'Ivoire.svg Côte d'Ivoire n/a n/a 0.57 2.52 n/a 2.30 138
File:Flag of Sudan.svg Sudan n/a n/a 0.61 1.97 n/a 3.84 139
File:Flag of Zambia.svg Zambia n/a n/a 2.97 2.37 n/a 2.03 140

References

  1. 1.0 1.1 1.2 "Global Knowledge Index". knoema.com.
  2. 2.0 2.1 2.2 "Introducing the EBRD Knowledge Economy Index" (PDF). ebrd.com. European Bank for Reconstruction and development. 2019. Retrieved 16 May 2021.

Further reading