IMD World Talent Ranking 2020

IMD World Talent Ranking 2020 KOREA REP.

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

19

28

20

Overall

Investment & Development

Investment & Development Appeal

31 29 28

31

36

33

33 34

33 34

Appeal

Readiness

36

38

39 38

29

41

41

42

42

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 4.3 %

2020 Rank

37 29 39 36 18 15 45 15 56 11 43 28 39 43 28 14 13 40 53 25 31 28 39 42 44 10 48 48 38 41

Percentage of GDP

6,230 US$ 16.51 ratio 12.78 ratio

Spending per enrolled pupil/student, all levels

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

Health infrastructure Female labor force Apprenticeships Employee training

5.67 Survey [0..10] 6.84 Survey [0..10]

is a high priority in companies

w

42.92 %

Percentage of total labor force

8.00 Survey [0..10]

meets the needs of society

Appeal

2020 Rank

Value

w u

Cost-of-living index

109.40 index

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

7.81 Survey [0..10] 5.48 Survey [0..10] 5.46 Survey [0..10] 6.43 Survey [0..10] 4.70 Survey [0..10]

Attracting and retaining talents

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

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

24,963 US$ 249,586 US$

Gross annual income including supplements such as bonuses, US$

u u

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

8.43 %

Percentage of an income equal to GDP per capita

Justice

5.04 Survey [0..10] 25.14 micrograms

is fairly administered

w

Exposure to particle pollution

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

Readiness

Value 1.04 %

2020 Rank

Labor force growth

Percentage change

Skilled labor Finance skills

5.97 Survey [0..10] 6.59 Survey [0..10] 5.51 Survey [0..10] 5.27 Survey [0..10] 5.53 Survey [0..10] 5.30 Survey [0..10] 5.53 Survey [0..10] 6.08 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

u w w

Management education University education Graduates in Sciences

29.35 %

% 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

Educational assessment - PISA Student mobility inbound

1.64 number 520 Average

Foreign tertiary-level students per 1000 inhabitants

u

6

PISA survey of 15-year olds

72

IMD WORLD TALENT RANKING 2020