Thailand ranks 52nd in the 2016 Global Innovation Index, among 128 economies enlisted.
In the 2015 listing, from 141 economies, Thailand was ranked 55th.
In the three sub-indices, Thailand did the best in innovation output, placing it in the 50th. However, in the innovation input sub-index, it is placed the 57th. It is ranked 53rd in the innovation efficiency ratio sub-index.
Leading the ranking released by Cornell University, INSEAD and the World Intellectual Property Organisation (WIPO) on Monday was Switzerland which retained the position for six years. Following regional leaders Sweden and UK are Finland (5), Ireland (7), Denmark (8), Netherlands (9), and Germany (10), which joins the top 10 in 2016. China was among the top 25, marking the first time a middle-income country has joined the highly developed economies.