IMD World Talent Ranking 2020

IMD World Talent Ranking 2020 ICELAND

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

4

4

7 6

6

Overall

Investment & Development

Investment & Development Appeal

4

11

6

12

12

Appeal

Readiness

16

16

18 17

18

18

16

20 19

20

20 21

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

2020 Rank

u u

7.4 %

2 3 8

Percentage of GDP

19,007 US$ 11.02 ratio 10.13 ratio

Spending per enrolled pupil/student, all levels

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

15 40 27 32 17

Health infrastructure Female labor force Apprenticeships Employee training

4.79 Survey [0..10] 6.27 Survey [0..10]

is a high priority in companies

46.00 %

Percentage of total labor force

7.64 Survey [0..10]

meets the needs of society

Appeal

2020 Rank

Value

Cost-of-living index

- index

-

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

7.79 Survey [0..10] 7.21 Survey [0..10] 7.27 Survey [0..10] 9.61 Survey [0..10] 4.85 Survey [0..10]

Attracting and retaining talents

12

is a priority in companies

Worker motivation

7 6 4

in companies is high

Brain drain

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

Quality of life

is high

w u w w

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

41

are attracted to your country's business environment

70,973 US$ 97,700 US$

2

Gross annual income including supplements such as bonuses, US$

49 41 19

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

21.32 %

Percentage of an income equal to GDP per capita

Justice

7.60 Survey [0..10] 6.78 micrograms

is fairly administered

Exposure to particle pollution

5

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

Readiness

Value 2.21 %

2020 Rank

Labor force growth

9 1 4

Percentage change

u

Skilled labor Finance skills

7.55 Survey [0..10] 8.00 Survey [0..10] 5.22 Survey [0..10] 6.55 Survey [0..10] 7.97 Survey [0..10] 8.12 Survey [0..10] 8.06 Survey [0..10] 8.83 Survey [0..10]

is readily available

are readily available

w

International experience

43 14 10 53

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

18.59 %

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

8 5 3

meets the needs of a competitive economy

meets the needs of the business community

u

Language skills

are meeting the needs of enterprises

Educational assessment - PISA Student mobility inbound

4.10 number 481 Average

21 29

Foreign tertiary-level students per 1000 inhabitants

PISA survey of 15-year olds

63

IMD WORLD TALENT RANKING 2020