Singapore’s business-friendly IP regime has helped bolster the confidence of leading global companies such as Procter and Gamble, Continental, and Mead Johnson, all of whom have selected Singapore as their location of choice for investments in business
and research & development, citing the country’s strong protection of IP rights as a factor in their decisions.
IP Ranking | Global Innovation Index 2024 | World Economic Forum's Global Competitiveness Report 2019
| 2021 Bloomberg Innovation Index
| International Property Rights Index 2022 | World Trademark Review IP Office Innovation Ranking 2024 |
---|
1 | Switzerland | Singapore
| S. Korea | Finland | European IP Office |
2 | Sweden | United States | Singapore | Singapore | South Korea |
3 | United States of America
| Hong Kong SAR | Switzerland | Switzerland | Australia |
4 | Singapore
| Netherlands | Germany | New Zealand | United Kingdom |
5 | United Kingdom
| Switzerland | Sweden | Luxembourg | Singapore |
6 | Republic of Korea
| Japan | Denmark | Denmark | Thailand |
7 | Finland | Germany | Israel
| Norway
| Poland
|
8 | Netherlands | Sweden | Finland
| Netherlands | France |
9 | Germany | United Kingdom | Netherlands | Japan | Japan, Mexico |
10 | Denmark | Denmark | Austria
| Austria | - |
- The Global Innovation Index 2024, which ranks countries' innovation performance, ranked Singapore as the fourth most innovative nation in the world. Singapore topped 14 out of 78 indicators (up from 11), including government effectiveness, information and communications technology (ICT) access, unicorn valuations and venture capital (VC). View an overview of Singapore's performance here, and our media statement here.
- Singapore is ranked second in the world and top in Asia for having the best IP protection in the World Economic Forum’s Global Competitiveness Report 2019. Overall, Singapore is ranked first as the world's most competitive country.
- The 2021 Bloomberg Innovation Index, which scores economies using factors including research and development spending, manufacturing capability and concentration of high-tech public companies, ranked Singapore second in the world.
- Singapore is ranked second on the International Property Rights Index 2022, which measures the strength of a country's property rights regime, including both intellectual and physical property rights.
- The World Trademark Review IP Office Innovation Ranking 2024 ranked Singapore fifth amongst 50 of the world’s leading IP offices, recognising them for innovation in various areas, including value-added propositions to their users, online capabilities and public outreach efforts.