Top 5 Most Innovative Economies in Asia

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1. South Korea

R&D Expenditure as a Percentage of GDP (2021): 4.9%

High Technology Exports (2020): $164 billion

Digital Adoption Index (2016): 0.857

Insider Monkey Score: 0.5

South Korea tops our list of the most innovative economies in Asia. In 2021, the country spent 4.9% of its GDP on research and development. In 2020, the country reported high technology exports of $164 billion.

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