IMD World Talent Ranking 2020

Notes and Sources by Criteria

The source of the survey criteria is always : IMD World Competitiveness Center’s Executive Opinion Survey 2020. Which was conducted from mid-February to early May 2020, with a total number of 5'866 respondents.

Background Criteria

0.01 [B] Exchange Rate International Financial Statistics Online March 2020 (IMF)

National sources Period average. 0.02 [B] Population - Market Size UNDP Human Development Report 2019

Mid-year estimates. Croatia: new census in 2011 with a new methodology.India: break in series in 2011. Jordan: series have been revised according to the the new Population and Housing Census published in 2016: end of year population for 2019. Portugal: methodological change in 2011. Russia: including Crimea as of 2015. UAE: re-estimation of the national population was made by the National Bureau of Statistics in 2010 (consequent increase as of 2008). Lithuania: break in series 2011 - census revised population figure downwards by 10% (emigration to EU over past decade). Philippines: Latest available census data is for 2010. 2011-2015 figures are projections based on PSA’s annual Philippines in Figures publication. 0.03 [B] GDP per capita OECD (2020), Main Economic Indicators - complete database National sources

Provisional data or estimates for most recent year. Malaysia: Data 2017 & 2018: Preliminary; Data 2019 is sum of 4 quarters.

Factor 1: Investment & Development

1.01 Total public expenditure on education UNESCO http://stats.uis.unesco.org Eurostat April 2020 National sources

Total general (local, regional and central) government expenditure in educational institutions (current and capital). It excludes transfers to private entities such as subsidies to households and students, but includes expenditure funded by transfers from international sources to government. It includes pre-primary, primary, secondary all levels and tertiary public institutions. Chile and Jordan: Budgetary central government. Philippines: Includes expenditure for items other than basic and higher education such as vocational education, culture and sports. 1.02 Total public expenditure on education per student UNESCO http://stats.uis.unesco.org Eurostat October 2020 National sources Total general (local, regional and central) government expenditure in educational institutions (current and capital). It excludes transfers to private entities such as subsidies to households and students, but includes expenditure funded by transfers from international sources to government. It includes pre-primary, primary, secondary all levels and tertiary public institutions. Chile and Jordan: Budgetary central government. Philippines: Includes expenditure for items other than basic and higher education such as vocational education, culture and sports. 1.03 Pupil-teacher ratio (primary education) For public and private institutions, based on full-time equivalent. Primary education (ISCED level 1): level of which the main function is to provide the basic elements of education at such establishments as elementary schools, primary schools. The ratio of students to teaching staff is calculated as the total number of full-time equivalent students divided by the total number of full-time equivalent educational personal. Teaching staff refers to professional personnel directly involved in teaching students. The classification includes classroom teachers; special education teacher; and other teachers who work with students as a whole class in a classroom, in small groups in a resource room, or in one-to-one teaching inside a regular classroom. Teaching staff also includes chairpersons of departments whose duties include some amount of teaching, but it does not include non-professional personnel who support teachers in providing instructions to students, such as teacher’s aides and other paraprofessional personnel. Data are UNESCO UNESCO http://stats.uis.unesco.org OECD Education at a Glance 2020 National sources

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IMD WORLD TALENT RANKING 2020