IMD World Talent Ranking 2022

Talent Ranking 2022

AUSTRALIA

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

2018

2019

2020

2021

2022

2 4

2 2

2 2

2

2

4

21

5

6

Investment & Development

Overall

13

14

14

16 15

Investment & Development Appeal

18 16

18

14

18 17

20 22 19 24

19

21

Readiness

Appeal

26

17

34

Readiness

INVESTMENT & DEVELOPMENT Total public expenditure on education

Value 5.8 %

2022 Rank

17 17 31 30 49 44 12 25 49 14 31 22 12 10 35 55 8 38 42 24 49 32 15 44 15 17 36 6 7

Percentage of GDP

10,602 US$ 14.84 ratio 11.89 ratio

Total public exp. on education per student Spending per enrolled pupil/student, all levels Pupil-teacher ratio (primary education) Ratio of students to teaching staff Pupil-teacher ratio (secondary education) Ratio of students to teaching staff are sufficiently implemented

4.48 Survey [0..10] 5.55 Survey [0..10]

Health infrastructure Female labor force Apprenticeships Employee training

w

is a high priority in companies Percentage of total labor force

47.44 %

6.92 Survey [0..10]

meets the needs of society

APPEAL

2022 Rank

Value

Cost-of-living index

88.70 index

w

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

7.70 Survey [0..10] 5.96 Survey [0..10] 5.66 Survey [0..10] 9.02 Survey [0..10] 6.85 Survey [0..10]

Attracting and retaining talents

is a priority in companies

Worker motivation

in companies is high

Quality of life Brain drain

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

u

is high

Foreign highly-skilled personnel Remuneration in services professions

are attracted to your country's business environment

46,494 US$ 156,674 US$

u

Total base salary plus bonuses and long-term incentives, US$ On profits, income and capital gains, as a percentage of GDP Gross annual income including supplements such as bonuses, US$

Remuneration of management Collected personal income tax

11.76 %

w u u

8.46 Survey [0..10] 6.75 micrograms

Justice

is fairly administered

Exposure to particle pollution

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

READINESS

Value 0.31 %

2022 Rank

Labor force growth

Percentage change

4.60 Survey [0..10] 6.56 Survey [0..10] 4.89 Survey [0..10] 5.46 Survey [0..10] 7.60 Survey [0..10] 7.58 Survey [0..10] 7.06 Survey [0..10] 6.24 Survey [0..10]

Skilled labor Finance skills

is readily available

are readily available

International experience Competent senior managers Primary and secondary education

w

of senior managers is generally significant

are readily available

meets the needs of a competitive economy

20.55 %

Graduates in Sciences University education Management education

w

% 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

2

17.84 number 499 Average

Student mobility inbound

u

Foreign tertiary-level students per 1000 inhabitants

20

Educational assessment - PISA

PISA survey of 15-year olds

37

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