IMD World Talent Ranking 2021

3. Long-term regional trends Figure 2 depicts the evolution of the regional trends for the last five years, 2017-2021. During that period, Western European economies dominate the talent ranking with a significant difference from Eastern Asian economies.

The latter realized a slight increase exchanging second place with North America which experienced a decline. Conversely Ex-CIS & Central Europe as well as South America have much room for improvement.

Figure 2: Regional trends in Talent Competitiveness

Figure 3 outlines the prevailing strength that Western European economies enjoy in all the factors under consideration. Eastern Asian economies follow in Investment & development as well as the Readiness factors showcasing the importance that these economies place in education and the development on the local talent.

The performance of Eastern Asia, in addition, benefits from a robust alignment between the graduates from all levels of education and the needs of a competitive market. North America takes the second place in the Appeal factor outlining the attractiveness that USA and Canada for the international talent pool for skilled labor.

Figure 3: Talent Ranking factors performance across regions in 2021

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IMD WORLD TALENT RANK ING 2021