IMD World Talent Ranking 2020

IMD World Talent Ranking 2020 CYPRUS

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

14

5

8

8

Overall

Investment & Development

Investment & Development Appeal

17

14

24

15

17

17

21

21

Appeal

Readiness

24

25

27 26

14

33 32

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)

2020 Rank

Value 5.2 %

21 25 15 33 36 16 34 10 40 45 27 25 30 26 52 10 33 40 35 12 13 19 22 60 19 18 13 4 6

Percentage of GDP

7,119 US$ 12.04 ratio 8.31 ratio

Spending per enrolled pupil/student, all levels

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

u

Health infrastructure Female labor force Apprenticeships Employee training

5.00 Survey [0..10] 5.92 Survey [0..10]

is a high priority in companies

47.36 %

Percentage of total labor force

6.04 Survey [0..10]

meets the needs of society

Appeal

2020 Rank

Value

u

Cost-of-living index

66.40 index

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

6.54 Survey [0..10] 5.46 Survey [0..10] 5.58 Survey [0..10] 7.81 Survey [0..10] 5.65 Survey [0..10]

Attracting and retaining talents

is a priority in companies

w

Worker motivation

in companies is high

Brain drain

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

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

27,374 US$ 88,845 US$

Gross annual income including supplements such as bonuses, US$

w u

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

7.31 %

Percentage of an income equal to GDP per capita

Justice

5.76 Survey [0..10] 17.75 micrograms

is fairly administered

w

Exposure to particle pollution

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

Readiness

Value

2020 Rank

u

Labor force growth

2.52 %

Percentage change

Skilled labor Finance skills

5.77 Survey [0..10] 7.46 Survey [0..10] 6.42 Survey [0..10] 6.31 Survey [0..10] 7.06 Survey [0..10] 7.54 Survey [0..10] 7.23 Survey [0..10] 8.19 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

w

Management education University education Graduates in Sciences

15.15 %

% 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

u w

Educational assessment - PISA Student mobility inbound

12.96 number 438 Average

2

Foreign tertiary-level students per 1000 inhabitants

41

PISA survey of 15-year olds

53

IMD WORLD TALENT RANKING 2020