IMD World Talent Ranking 2022

CYPRUS Talent Ranking 2022

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

5

17

8

Investment & Development

Overall

14

15

15

Investment & Development Appeal

22

29

17

17

21

22 23

Readiness

Appeal

24

24

27 26

23

28 30

29

33 32

Readiness

INVESTMENT & DEVELOPMENT Total public expenditure on education

Value 5.8 %

2022 Rank

15 27 18 44 51 16 32 13 54 47 25 21 30 27 53 24 38 29 10 34 15 34 34 23 61 22 30 12 5

Percentage of GDP

7,470 US$ 12.30 ratio 9.05 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

u

4.75 Survey [0..10] 5.17 Survey [0..10]

Health infrastructure Female labor force Apprenticeships Employee training

w

is a high priority in companies Percentage of total labor force

47.11 %

6.30 Survey [0..10]

meets the needs of society

APPEAL

2022 Rank

Value

Cost-of-living index

64.90 index

u w w

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

5.75 Survey [0..10] 5.08 Survey [0..10] 5.46 Survey [0..10] 7.92 Survey [0..10] 5.58 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

is high

Foreign highly-skilled personnel Remuneration in services professions

are attracted to your country's business environment

27,374 US$ 85,236 US$

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

w

3.20 %

5.25 Survey [0..10] 15.79 micrograms

Justice

is fairly administered

Exposure to particle pollution

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

READINESS

Value

2022 Rank

Labor force growth

3.21 %

u

Percentage change

5.25 Survey [0..10] 6.83 Survey [0..10] 5.54 Survey [0..10] 5.29 Survey [0..10] 6.85 Survey [0..10] 7.21 Survey [0..10] 6.58 Survey [0..10] 8.21 Survey [0..10]

Skilled labor Finance skills

is readily available

are readily available

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

13.11 %

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

u u

are meeting the needs of enterprises

3

16.21 number 438 Average

Student mobility inbound

Foreign tertiary-level students per 1000 inhabitants

40

Educational assessment - PISA

PISA survey of 15-year olds

49