IMD World Talent Ranking 2020

IMD World Talent Ranking 2020 VENEZUELA

OVERALL PERFORMANCE (63 countries)

1 4 The direction of the triangle indicates the performance change from the last year:  improved or stable  declined 2 4

Alpha AlphaLabel

Beta BetaLabel

Gamma GammaLabel

2016 2017 2018 2019 2020

2 4

2 2

2 2

2

2

50

46

48

48

49

Overall

Investment & Development

50

Investment & Development Appeal

60

59

Appeal

Readiness

60 59 58

58

61

62 61

63

63

Readiness

Investment & Development Total public expenditure on education Total public exp. on education per student Pupil-teacher ratio (primary education) Pupil-teacher ratio (secondary education)

Value

2020 Rank

- %

- - - -

Percentage of GDP

- US$ - ratio - ratio

Spending per enrolled pupil/student, all levels

Ratio of students to teaching staff are sufficiently implemented Ratio of students to teaching staff

Health infrastructure Female labor force Apprenticeships Employee training

4.80 Survey [0..10] 5.18 Survey [0..10]

39 48 48 63

is a high priority in companies

42.75 %

Percentage of total labor force

w

0.76 Survey [0..10]

meets the needs of society

Appeal

2020 Rank

Value

Cost-of-living index

- index

-

Index of a basket of goods & services in the main city, including housing (New York City = 100)

6.80 Survey [0..10] 4.44 Survey [0..10] 2.12 Survey [0..10] 1.43 Survey [0..10] 1.14 Survey [0..10]

Attracting and retaining talents

31 59 62 63 63

is a priority in companies

Worker motivation

in companies is high

Brain drain

(well-educated and skilled people) does not hinder competitiveness in your economy

w w

Quality of life

is high

Remuneration of management Effective personal income tax rate Remuneration in services professions Foreign highly-skilled personnel

are attracted to your country's business environment

- US$

-

Gross annual income including supplements such as bonuses, US$

23,610 US$

61

Total base salary plus bonuses and long-term incentives, US$

u w

0.98 %

2

Percentage of an income equal to GDP per capita

Justice

0.45 Survey [0..10] 17.40 micrograms

63 38

is fairly administered

Exposure to particle pollution

Mean population exposure to PM2.5, Micrograms per cubic metre

Readiness

Value

2020 Rank

u

Labor force growth

1.09 %

24 60 59 57 59 63 57 53 58 -

Percentage change

Skilled labor Finance skills

3.20 Survey [0..10] 4.56 Survey [0..10] 4.56 Survey [0..10] 3.40 Survey [0..10] 2.32 Survey [0..10] 4.36 Survey [0..10] 5.04 Survey [0..10] 3.80 Survey [0..10] - %

is readily available

are readily available

International experience

of senior managers is generally significant

Primary and secondary education Competent senior managers

are readily available

w

meets the needs of a competitive economy

Management education University education Graduates in Sciences

% of graduates in ICT, Engineering, Math & Natural Sciences

meets the needs of a competitive economy

meets the needs of the business community

Language skills

are meeting the needs of enterprises

Educational assessment - PISA Student mobility inbound

- number - Average

- -

Foreign tertiary-level students per 1000 inhabitants

PISA survey of 15-year olds

104

IMD WORLD TALENT RANKING 2020