The first five in the rankings are Switzerland, Sweden, the Netherlands, the United States and Great Britain. Global Innovation Index is compiled on an annual basis of various indicators related to innovation activities. Ukraine scored 37.6 and reached 50th place in 2017, while in 2016 it was ranked 56th, and 64th in 2015. “We are on the right way!” President of Ukraine Petro Poroshenko on his Facebook page commented on Ukraine’s achievement.