IMD World Talent Ranking 2021

Talent Ranking 2021

KOREA REP.

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

19

28

20

Overall

Investment & Development

Investment & Development Appeal

31 29 28

28

34

41

33 34

33 34

Appeal

Readiness

34 36

36

39 38

36

41

41

41

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 4.5 %

2021 Rank

35 23 43 31 12 32 47 12

Percentage of GDP

7,722 US$ 16.62 ratio 12.10 ratio

Spending per enrolled pupil/student, all levels

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

u

Health infrastructure Female labor force Apprenticeships Employee training

6.00 Survey [0..10] 6.11 Survey [0..10]

is a high priority in companies

42.86 %

Percentage of total labor force

u

8.15 Survey [0..10]

meets the needs of society

Appeal

2021 Rank

Value

w u

Cost-of-living index

95.90 index

55

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

Attracting and retaining talents

8.00 Survey [0..10] 5.34 Survey [0..10] 5.28 Survey [0..10] 6.44 Survey [0..10] 4.42 Survey [0..10]

6

is a priority in companies

Worker motivation

43 24 39 46 28 15 30 43 55 39 45 46 52 53 38 12 47 46 35 40

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

are attracted to your country's business environment

24,963 US$ 237,687 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$

4.78 %

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

Justice

4.59 Survey [0..10] 27.45 micrograms

is fairly administered

w

Exposure to particle pollution

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

Readiness

Value -0.62 %

2021 Rank

Labor force growth

Percentage change

Skilled labor Finance skills

4.95 Survey [0..10] 5.78 Survey [0..10] 4.66 Survey [0..10] 4.24 Survey [0..10] 5.85 Survey [0..10] 5.23 Survey [0..10] 5.72 Survey [0..10] 6.17 Survey [0..10]

is readily available

are readily available

w w

International experience Competent senior managers Primary and secondary education

of senior managers is generally significant

are readily available

meets the needs of a competitive economy

u w

Graduates in Sciences University education Management education

29.61 %

% 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

1.91 number 520 Average

Foreign tertiary-level students per 1000 inhabitants

u

6

PISA survey of 15-year olds

77

IMD WORLD TALENT RANK ING 2021