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Brazil ranked 57th in global innovation 2021 – WIPO

RIO DE JANEIRO, BRAZIL - Brazil climbed 5 positions in relation to last year, but is 11 places behind its best placement, 47th, achieved in 2011. The ranking began to be published annually in 2007.

The country's main weaknesses indicated in the ranking are gross capital formation, ease of starting a business, ease of securing credit, and applied tariff rate. The greatest improvements in Brazil compared to the 2020 data were seen in the Labor Productivity Growth and Total Software Expenditure indicators.

According to the National Confederation of Industry (CNI), Brazil's position is incompatible with the fact that it . . .

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