5 Most Developed Countries in the World

1. United States

R&D Spending : 3.4%

The United States remains the top pick on the list of most developed countries in the world in terms of technological growth. It is home to the majority of the biggest technology companies in the world and California’s Silicon Valley is frequently regarded as the global center for innovation.

Its global KTI output is also the highest in the world, at 27% as of 2019. The share of the KTI sector in its GDP of $21 trillion was 11% as of 2021. Information technology accounts for over half of the share in its KTI industries.

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