IMD World Talent Ranking 2020

IMD World Talent Ranking 2020 COLOMBIA

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

36

58

37

39

39

Overall

Investment & Development

Investment & Development Appeal

45

58

37

Appeal

Readiness

54 53

55 57 59

57 55

60

58 60

60 59

60

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 4.5 %

2020 Rank

32 55 56 58 11 34 46 55

Percentage of GDP

1,119 US$ 23.30 ratio 25.91 ratio

Spending per enrolled pupil/student, all levels

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

w u

Health infrastructure Female labor force Apprenticeships Employee training

6.03 Survey [0..10] 6.00 Survey [0..10]

is a high priority in companies

42.83 %

Percentage of total labor force

3.19 Survey [0..10]

meets the needs of society

Appeal

2020 Rank

Value

u

Cost-of-living index

63.70 index

6

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

5.69 Survey [0..10] 5.40 Survey [0..10] 4.88 Survey [0..10] 4.42 Survey [0..10] 5.43 Survey [0..10]

Attracting and retaining talents

55 48 35 58 33 47 40 12 59 37 57 46 49 51 53 51 34 49 50 59 58 51

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

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

12,241 US$ 140,782 US$

Gross annual income including supplements such as bonuses, US$

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

u w

8.29 %

Percentage of an income equal to GDP per capita

Justice

2.40 Survey [0..10] 16.92 micrograms

is fairly administered

Exposure to particle pollution

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

Readiness

Value -0.79 %

2020 Rank

Labor force growth

Percentage change

Skilled labor Finance skills

5.24 Survey [0..10] 5.58 Survey [0..10] 4.92 Survey [0..10] 4.62 Survey [0..10] 4.22 Survey [0..10] 5.21 Survey [0..10] 5.36 Survey [0..10] 3.75 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

meets the needs of a competitive economy

Management education University education Graduates in Sciences

23.13 %

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

meets the needs of a competitive economy

meets the needs of the business community

w w

Language skills

are meeting the needs of enterprises

Educational assessment - PISA Student mobility inbound

0.10 number 406 Average

Foreign tertiary-level students per 1000 inhabitants

PISA survey of 15-year olds

51

IMD WORLD TALENT RANKING 2020