IMD World Talent Ranking 2020

graduates in sciences (39 th ) despite an improvement from 43 rd in 2019.

implementation of apprenticeships. It remains low in total public expenditure on education (28 th ) but the quality of education measures (pupil-teacher ratio) rank higher, with primary school at 11 th (from 13 th ) and secondary school stable at 7 th . In appeal, it improves in the brain drain (from 16 th to 11 th ), reaches 1 st (from 2 nd ) in the quality of life indicator, and remains 2 nd in worker motivation. In readiness, Austria drops to 27 th (from 23 rd ) in the PISA educational assessment and in the availability of finance skills (38 th ) and of senior managers with significant international experience (27 th ). It improves, however, in the effectiveness of its primary and secondary school system (8 th ). In investment in development, Norway drops to 5 th (from 3 rd ), in appeal it remains in 10 th and in readiness improves from 21 st to 20 th . Its total public expenditure on education (percentage of GDP, 17 th ), quality of education (primary school pupil-teacher ratio, 4 th ), implementation of apprenticeship (7 th ) and female participation in the workforce (percentage of total labor force, 20 th ) slightly drop. Norway performs strongly in exposure to particle pollution at 7 th , in the impact of brain drain (4 th ), and worker motivation (5 th ) but drops in the prioritization of attracting and retaining talent (20 th ). Norway’s improvement in the readiness factor is mainly driven by advances in the effectiveness of management education (9 th , up from 14 th ), the availability of language skills (10 th from 15 th ) and inbound student mobility (foreign tertiary-level students per 1’000 inhabitants) in which it moves from 38 th to 32 nd . Canada’s improvement in the talent overall ranking (from 13 th to 8 th ) is the result of its performance across all talent factors. It rises to 19 th (from 26 th ) in investment and development, to 3 rd (from 5 th ) in appeal and 7 th (from 15 th ) in readiness. Canada improves, under investment and development, in apprenticeships and employee training. Its performance remains low in total public expenditure on education (36 th ) with both measures relating to the quality of education also lacking (primary school at 40 th and secondary school at 43 rd ). In appeal, it improves in several indicators including attracting and retaining talents (from 24 th to 19 th ), worker motivation (21 st to 15 th ) and brain drain (22 nd to 13 th ). It remains in the 4 th rank in the measure of environmental protection (exposure to particle pollution). Under readiness, Canada advances, for example, in the international experience of managers indicator and in the availability of language skills and inbound student mobility. It also remains in a robust position (7 th ) in the PISA educational assessment. Singapore improves in investment and development (21 st from 25 th ) within which it advances in several indicators including the implementation of apprenticeship programs, employee training, quality of education (secondary school pupil-teacher ratio) and female participation in the workforce. In the total public expenditure on education

Luxembourg’s increase in the overall talent ranking is partly the result of its performance in the investment and development factor in which moves up from 5 th to 3 rd . It leads the table in the total public expenditure on education (per student) and in the quality of education in primary school (as measured by pupil-teacher ratio). In appeal, it ranks 5 th with solid performances in prioritizing the attracting and retaining of talent (2 nd ), the availability of foreign highly-skilled personnel (4 th ) and remuneration in services professions (3 rd ). In the readiness factor it ranks relatively low (19 th ) as a result of a negative turn in executive opinions about - for example - the availability of competent senior managers and the effectiveness of its primary and secondary education. Iceland improves in the investment and development, and readiness factors (from 6 th to 4 th , and from 18 th to 16 th , respectively). In appeal, it remains 6 th . The country performs strongly in both measures of public expenditure on education (2 nd and 3 rd ), and also in the quality of education in primary school (8 th ). Under appeal, Iceland moves up in several indicators including the impact of brain drain in the economy, the level of motivation among workers and the quality of life that it offers. Despite some improvements in the level of attraction for foreign highly-skilled staff, Iceland remains in the lower ranks in that indicator (41 st ). In readiness, it reached the top of the ranking in the availability of skilled labor and moves up to 4 th (from 6 th ) in the availability of finance skills. In graduates in sciences, however, Iceland drops to a strikingly low position (53 rd ). Sweden remains in 7 th position in investment and development but drops slightly in appeal and readiness. Its performance in both measures of public expenditure on education remains solid. The quality of education indicators (pupil-teacher ratio), however, rank low with primary school at 26 th (down from 19 th last year) and secondary school at 34 th (up from 39 th ). The implementation of apprenticeships plummets to 43 rd (from 30 th ). Sweden remains strong in measures of environmental protection, ranking 3 rd in exposure to particle pollution (mean population exposure to PM2.5, micrograms per cubic metre). It also ranks among the top (5 th up from 8 th ) in quality of life and the motivation of workers (4 th up from 8 th ). Sweden drops to 23 rd (from 17 th ) in the graduates in sciences measure but improves in PISA educational assessment (PISA survey of 15-year olds) moving up to 15 th position (from 25 th ). It observes a similar trend in the availability of skilled labor, rising to 12 th (from 23 rd ). Austria drops to 6 th (from 4 th ) in investment and development and in readiness it falls to 12 th (down from 10 th ). In appeal, however, it moves up to 11 th (from 13 th ). Under investment and development, Austria reaches the top position in the effectiveness of its health infrastructure, 2 nd in the prioritization of employee training and 3 rd in the

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IMD WORLD TALENT RANKING 2020