IMD World Talent Ranking 2022

Talent Ranking 2022

KOREA REP.

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

19

31

20

Investment & Development

Overall

31 29 28

28

Investment & Development Appeal

31

38

49

33 34

33 34

34 36

36

Readiness

38

Appeal

41

41

41

38

49

Readiness

INVESTMENT & DEVELOPMENT Total public expenditure on education

Value 4.7 %

2022 Rank

38 26 41 31 21 34 44 14 55 18 52 33 36 49 29 16 31 42 53 29 43 44 59 56 37 46 46 45 40 9

Percentage of GDP

7,950 US$ 16.31 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

5.64 Survey [0..10] 6.10 Survey [0..10]

Health infrastructure Female labor force Apprenticeships Employee training

is a high priority in companies Percentage of total labor force

43.04 %

7.66 Survey [0..10]

u

meets the needs of society

APPEAL

2022 Rank

Value

Cost-of-living index

104.60 index

w u w

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

7.54 Survey [0..10] 4.94 Survey [0..10] 4.81 Survey [0..10] 6.44 Survey [0..10] 4.15 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

24,963 US$ 237,687 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

u

5.24 %

4.98 Survey [0..10] 27.45 micrograms

Justice

is fairly administered

Exposure to particle pollution

w

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

READINESS

Value 1.06 %

2022 Rank

Labor force growth

Percentage change

4.58 Survey [0..10] 5.60 Survey [0..10] 4.32 Survey [0..10] 3.85 Survey [0..10] 6.06 Survey [0..10] 5.21 Survey [0..10] 5.60 Survey [0..10] 5.60 Survey [0..10]

Skilled labor Finance skills

is readily available

are readily available

International experience Competent senior managers Primary and secondary education

w w

of senior managers is generally significant

are readily available

meets the needs of a competitive economy

30.18 %

Graduates in Sciences University education Management education

u

% 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

2.15 number 520 Average

Student mobility inbound

Foreign tertiary-level students per 1000 inhabitants

6

Educational assessment - PISA

u

PISA survey of 15-year olds

68