IMD World Talent Ranking 2020

IMD World Talent Ranking 2020 FINLAND

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

3

12

4

5 4

6

7 6

Overall

Investment & Development

8

9

10

10

Investment & Development Appeal

12

15

12 12

15

16

Appeal

Readiness

10

21

24

24

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 5.5 %

2020 Rank

15 14 24 45 37

Percentage of GDP

10,535 US$ 13.59 ratio 13.77 ratio

Spending per enrolled pupil/student, all levels

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

w

Health infrastructure Female labor force Apprenticeships Employee training

4.93 Survey [0..10] 7.16 Survey [0..10]

8 9 7

is a high priority in companies

48.00 %

Percentage of total labor force

8.52 Survey [0..10]

meets the needs of society

Appeal

2020 Rank

Value

w

Cost-of-living index

83.50 index

38 13

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

7.76 Survey [0..10] 7.19 Survey [0..10] 6.00 Survey [0..10] 9.38 Survey [0..10] 4.95 Survey [0..10]

Attracting and retaining talents

is a priority in companies

Worker motivation

9

in companies is high

Brain drain

20

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

Quality of life

6

is high

w

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

39 16 24 60

are attracted to your country's business environment

40,528 US$ 186,568 US$

Gross annual income including supplements such as bonuses, US$

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

w u u

27.74 %

Percentage of an income equal to GDP per capita

Justice

9.08 Survey [0..10] 5.91 micrograms

2 1

is fairly administered

Exposure to particle pollution

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

Readiness

Value

2020 Rank

w

Labor force growth

0.29 %

44 18 11 16 17

Percentage change

Skilled labor Finance skills

6.45 Survey [0..10] 7.48 Survey [0..10] 6.31 Survey [0..10] 6.36 Survey [0..10] 9.31 Survey [0..10] 8.76 Survey [0..10] 8.02 Survey [0..10] 8.43 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

u

1

meets the needs of a competitive economy

Management education University education Graduates in Sciences

28.12 %

14

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

u u

4 6 9

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

4.30 number 516 Average

18

Foreign tertiary-level students per 1000 inhabitants

9

PISA survey of 15-year olds

57

IMD WORLD TALENT RANKING 2020