IMD World Talent Ranking 2022

ICELAND 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

4

3 4

4

4

7 6

6

7

Investment & Development

Overall

8

Investment & Development Appeal

3

8

10

12

13

Readiness

Appeal

16

16

13

17

18

20 19

Readiness

INVESTMENT & DEVELOPMENT Total public expenditure on education

Value 7.8 %

2022 Rank

4 3 8

Percentage of GDP

16,711 US$ 10.46 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

13 42 35 31 23

9.95 ratio

4.81 Survey [0..10] 6.06 Survey [0..10]

Health infrastructure Female labor force Apprenticeships Employee training

w

is a high priority in companies Percentage of total labor force

46.11 %

7.19 Survey [0..10]

meets the needs of society

APPEAL

2022 Rank

Value

-

Cost-of-living index

- index

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

8 6 6 3

7.91 Survey [0..10] 7.54 Survey [0..10] 7.26 Survey [0..10] 9.71 Survey [0..10] 5.38 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

34

Foreign highly-skilled personnel Remuneration in services professions

are attracted to your country's business environment

2

75,088 US$ 87,701 US$

u w w

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$

52 61 11

Remuneration of management Collected personal income tax

15.34 %

7.86 Survey [0..10] 6.37 micrograms

Justice

is fairly administered

5

Exposure to particle pollution

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

READINESS

Value 3.07 %

2022 Rank

11

Labor force growth

Percentage change

3 3

6.78 Survey [0..10] 7.62 Survey [0..10] 5.54 Survey [0..10] 6.72 Survey [0..10] 8.32 Survey [0..10] 8.49 Survey [0..10] 7.86 Survey [0..10] 8.87 Survey [0..10]

Skilled labor Finance skills

u u w

is readily available

are readily available

35 10

International experience Competent senior managers Primary and secondary education

of senior managers is generally significant

are readily available

6

meets the needs of a competitive economy

53

18.17 %

Graduates in Sciences University education Management education

w

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

4 6 4

meets the needs of a competitive economy

meets the needs of the business community

Language skills

are meeting the needs of enterprises

18 30

4.49 number 481 Average

Student mobility inbound

Foreign tertiary-level students per 1000 inhabitants

Educational assessment - PISA

PISA survey of 15-year olds

59