Frost RadarTM for

Economic Development

Country Benchmarking based on Future Growth Potential

The Frost RadarTM for Economic Development centers on two key elements of Growth and Innovation,and emphasizes on the ability of countries to foster citizen-centric governance, enhance quality of life of their citizens, and ensure sustained economic development thereby reflecting future growth potential. Frost & Sullivan leverages a robust data-driven indexing methodology to annually track the competitiveness of economies across the globe to help drive investment. *includes 177 countries with a nominal GDP at and above $1 billion (2022)
Frost RadarTM Economic Development

Our Methodology

How can you Leverage
Frost RadarTM for Economic Development?

As a Donor

Focus your contribution on socio-economic priority areas to help improve the future growth potential of countries

As a Donor

Engage with policy-makers and Organizations to co-create srategy and policy for countries with a low innovation score and rank

As a Volunteer

Get involved into Organizatons already operational in countries ranked high on Frost RadarTM for Economic Development.

As a Volunteer

Get involved in targeted thought leadership development on gap areas in countries that are not ranked high on Frost Radar TM for Economic Development to help improve their innovation score and rank

Frost RadarTM for

Economic Development,2023

Top 5 Countries

Frost Radar

CountriesInnovation IndexGrowth Index
United States7.46.5
Singapore6.67.2
Norway7.15.7
Switzerland6.86.0
Sweden7.05.8

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

CountriesInnovation IndexGrowth Index
Mauritius4.85.2
South Africa5.24.4
Tunisia4.44.6
Kenya4.54.3
Morocco4.24.6

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

Frost Radar

CountriesInnovation IndexGrowth Index
South Africa4.74.0
Kenya4.43.9
Mauritius4.13.4
Morocco3.63.8
Ghana3.53.6

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

CountriesInnovation IndexGrowth Index
Mauritius4.85.2
South Africa5.24.4
Tunisia4.44.6
Kenya4.54.3
Morocco4.24.6

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

Frost Radar

CountriesInnovation IndexGrowth Index
United States7.46.5
Canada6.66.0
Chile5.44.5
Mexico4.84.8
Brazil4.94.5

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

Countries Innovation Index Growth Index
United States 7.3 7.0
Canada 6.8 6.6
Chile 5.8 5.2
Costa Rica 5.5 4.9
Uruguay 5.3 4.8

*While innovation traditionally refers to technology and R&D, the Frost Radar TM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

Frost Radar

CountriesInnovation IndexGrowth Index
Singapore6.67.2
Korea6.36.4
Australia6.36.0
New Zealand6.25.2
Japan6.05.3

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

CountriesInnovation IndexGrowth Index
Singapore6.37.6
New Zealand6.76.1
Korea6.36.7
Hong Kong SAR5.67.5
Australia6.26.5

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

Frost Radar

CountriesInnovation IndexGrowth Index
Norway7.15.7
Switzerland6.86.0
Sweden7.05.8
Germany6.76.1
Netherlands6.76.0

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

CountriesInnovation IndexGrowth Index
Norway7.76.2
United Kingdom7.17.0
Switzerland7.06.7
Germany6.66.5
Netherlands6.56.5

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

Frost Radar

CountriesInnovation IndexGrowth Index
United Arab Emirates5.66.5
Israel6.05.6
Saudi Arabia4.95.8
Qatar4.85.3
Oman4.74.9

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

CountriesInnovation IndexGrowth Index
United Arab Emirates6.06.6
Israel6.26.0
Saudi Arabia5.45.8
Qatar5.15.9
Kuwait5.15.3

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

Frost Radar

CountriesInnovation IndexGrowth Index
United Arab Emirates5.66.5
Malaysia5.25.9
China4.85.9
Saudi Arabia4.95.8
Poland5.25.1

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, CItizen Centricity and Security.

CountriesInnovation IndexGrowth Index
United Arab Emirates6.06.6
Malaysia5.56.4
China5.46.5
Saudi Arabia5.45.8
Chile5.85.2

*While innovation traditionally refers to technology and R&D, the Frost RadarTM for Economic Development has taken a slightly different approach to represent the implementation of enabling policies & initiatives that spur innovation. Innovation encompasses FSI’s priorities namely Education, Environment, Economics, Healthcare, Infrastructure, Citizen Centricity and Security.

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