IMD World Talent Ranking 2021

ICELAND 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

4

4

4

7 6

6

7

Overall

Investment & Development

10

Investment & Development Appeal

7

11

10

12

Appeal

Readiness

16

16

17

18

18

17

20 19

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

2021 Rank

u u

7.0 %

4 3 8

Percentage of GDP

17,474 US$ 11.02 ratio 10.13 ratio

Spending per enrolled pupil/student, all levels

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

14 45 31 32 15

w

Health infrastructure Female labor force Apprenticeships Employee training

4.70 Survey [0..10] 6.12 Survey [0..10]

is a high priority in companies

46.08 %

Percentage of total labor force

7.91 Survey [0..10]

meets the needs of society

Appeal

2021 Rank

Value

Cost-of-living index

- index

-

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

Attracting and retaining talents

7.48 Survey [0..10] 7.21 Survey [0..10] 7.30 Survey [0..10] 9.48 Survey [0..10] 5.05 Survey [0..10]

16

is a priority in companies

Worker motivation

9 6 5

in companies is high

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

37

are attracted to your country's business environment

u w w

75,088 US$ 87,701 US$

2

Gross annual income including supplements such as bonuses, US$

Remuneration of management Collected personal income tax

51 62 15

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

14.32 %

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

Justice

7.33 Survey [0..10] 6.37 micrograms

is fairly administered

Exposure to particle pollution

5

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

Readiness

Value -0.19 %

2021 Rank

Labor force growth

29

Percentage change

u

Skilled labor Finance skills

7.03 Survey [0..10] 7.70 Survey [0..10] 5.06 Survey [0..10] 6.70 Survey [0..10] 7.66 Survey [0..10] 8.09 Survey [0..10] 7.72 Survey [0..10] 8.82 Survey [0..10]

4 7

is readily available

are readily available

w

International experience Competent senior managers Primary and secondary education

40 11 13 48

of senior managers is generally significant

are readily available

meets the needs of a competitive economy

w

Graduates in Sciences University education Management education

20.21 %

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

9

meets the needs of a competitive economy

10

meets the needs of the business community

u

Language skills

3

are meeting the needs of enterprises

Educational assessment - PISA Student mobility inbound

4.33 number 481 Average

19 30

Foreign tertiary-level students per 1000 inhabitants

PISA survey of 15-year olds

68

IMD WORLD TALENT RANK ING 2021