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The World Intellectual Property Organization (WIPO) has published its annual Global Innovation Index, which evaluates 139 economies based on their capacity to promote innovation through technology, scientific activity, and creativity. In the latest edition for 2025, Switzerland secured the top position, followed by the United States and China, which ranked 11th. Trinidad and Tobago (TT) was placed at 114th overall, marking it as the lowest-ranked high-income nation and 17th out of 21 in the Latin American and Caribbean region.
WIPO’s analysis indicates that Trinidad and Tobago is underperforming in terms of innovation relative to its economic potential. The index suggests that based on its GDP per capita, Trinidad and Tobago should be achieving results more akin to countries such as Uruguay and Chile, which hold significantly higher rankings.
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The Global Innovation Index assesses countries across seven categories, which include:
- Institutions
- Human capital and research
- Infrastructure
- Business sophistication
- Knowledge and technology outputs
- Creative outputs
While Trinidad and Tobago demonstrates strengths in certain areas, such as government effectiveness, the production of science and engineering graduates, and electricity generation, it faces challenges in innovation-related outputs. The index points out shortcomings in market sophistication, business collaborations, and high-tech manufacturing.
WIPO noted that it encountered difficulties in obtaining sufficient data to evaluate specific aspects of Trinidad and Tobago’s innovation landscape. This suggests that the analysis may not entirely reflect the country’s potential for innovation. Despite these challenges, Trinidad and Tobago is acknowledged for having a well-educated workforce and a stable political environment. However, the index indicates that the country is not fully capitalizing on these advantages to foster innovation.
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The full Global Innovation Index report is available on WIPO’s official website, providing further insights into the rankings and evaluations of various countries regarding their innovation capabilities.
