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Israel ranked as one of the world’s most powerful and innovative countries

Prime Minister Benjamin Netanyahu speaks at the World Economic Forum (WEF) in Davos. Photo by Kobi Gideon/GPO/Flash 90

JANUARY 25, 2018 – Israel has been ranked among the top 10 most powerful and innovative countries in the world in two separate surveys published this week by major American media outlets.

In its survey of the world’s most powerful countries, US News and World Report ranked Israel as the eighth-most-powerful nation based upon its military might, strong international alliances, and economic and political influence.

In a separate survey, the Bloomberg financial news agency ranked Israel as the world’s 10th-most-innovative country based upon the start-up nation’s spending on research and development as well as its number of publicly traded high-tech companies.

In 2017, Israel ranked second on the World Economic Forum’s (WEF) innovation index and 16th on its global competitiveness report, moving up eight positions from 2016 on the WEF competitiveness index and marking the first time that the country was ranked among the list’s top 20 nations.

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