Institutions, Market sophistication, Business sophistication, Knowledge and technology outputs and Creative outputs.
Here is how each country stands out (the darker the shade of red, the more innovative the country).
Switzerland ranked number one, followed by Sweden, with the United Kingdom coming in third.
The most innovative countries pass progressive laws, boast world-class education systems, and do business intelligently and creatively.
Yemen (Middle East), Guinea, and Togo (Africa) were named the least innovative countries in the world.
The annual Global Innovation Index is now in its ninth year and is the most comprehensive report of its kind. It is put together by researchers from Cornell University, the World Intellectual Property Organisation, and INSEAD Business School.