IMD World Talent Ranking 2021

HUNGARY Talent Ranking 2021

OVERALL PERFORMANCE (64 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

2017 2018 2019 2020 2021

2 4

2 2

2 2

2

2

32

32

33

35

Overall

Investment & Development

41

42

Investment & Development Appeal

42

53

45

46

46

49

50

Appeal

Readiness

53

53

54

46

56 57

58 59

59

61

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 4.8 %

2021 Rank

29 35

Percentage of GDP

4,658 US$ 10.18 ratio 11.37 ratio

Spending per enrolled pupil/student, all levels

u u

4

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

24 55 51 28 53

Health infrastructure Female labor force Apprenticeships Employee training

3.76 Survey [0..10] 5.05 Survey [0..10]

is a high priority in companies

46.73 %

Percentage of total labor force

3.54 Survey [0..10]

meets the needs of society

Appeal

2021 Rank

Value

u

Cost-of-living index

57.30 index

7

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

Attracting and retaining talents

6.41 Survey [0..10] 4.39 Survey [0..10] 2.17 Survey [0..10] 4.37 Survey [0..10] 3.64 Survey [0..10]

41 54 60 56 51 46 54 31 44 35 15 63 54 36 62 49 36 49 58 59 26 33

is a priority in companies

Worker motivation

in companies is high

w

Brain drain

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

Quality of life

is high

Foreign highly-skilled personnel Remuneration in services professions

are attracted to your country's business environment

12,322 US$ 81,100 US$

Gross annual income including supplements such as bonuses, US$

Remuneration of management Collected personal income tax

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

5.18 %

On profits, income and capital gains, as a percentage of GDP

Justice

4.58 Survey [0..10] 16.60 micrograms

is fairly administered

Exposure to particle pollution

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

Readiness

Value

2021 Rank

u w

Labor force growth

0.67 %

Percentage change

Skilled labor Finance skills

3.33 Survey [0..10] 4.96 Survey [0..10] 5.30 Survey [0..10] 3.16 Survey [0..10] 4.32 Survey [0..10] 4.99 Survey [0..10] 4.59 Survey [0..10] 3.69 Survey [0..10]

is readily available

are readily available

International experience Competent senior managers Primary and secondary education

of senior managers is generally significant

w

are readily available

meets the needs of a competitive economy

Graduates in Sciences University education Management education

23.35 %

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

meets the needs of a competitive economy

w w u

meets the needs of the business community

Language skills

are meeting the needs of enterprises

Educational assessment - PISA Student mobility inbound

3.63 number 479 Average

Foreign tertiary-level students per 1000 inhabitants

PISA survey of 15-year olds

67

IMD WORLD TALENT RANK ING 2021