IMD World Talent Report 2023
Talent Ranking 2023
CYPRUS
u w
Overall top strengths Overall top weaknesses
OVERALL PERFORMANCE (64 countries)
Rank 2023
2019
2020
2021
2022
2023
8
Overall
29
17 14
15
17
Investment & Development
24
21
22 23
24 28 30
24
24
40
29
29
Appeal
33 32
34
34
Readiness
40
Investment & Development Total public expenditure on education
Value 5.5 %
2023 Rank
20 28 19 59 57 10 36 12 63 53 34 34 24 52 26 48 26 19 12 40 32 47 47 42 61 28 44 15 6
Percentage of GDP
7,480 US$ 12.30 ratio 8.95 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 w w u
3.69 Survey [0..10] 5.00 Survey [0..10]
Health infrastructure Female labor force Apprenticeships Employee training
meets the needs of society Percentage of total labor force is a high priority in companies
47.75 %
5.84 Survey [0..10]
Appeal
Value
2023 Rank
Cost-of-living index
60.60 index
u w w
Index of a basket of goods & services in the main city
5.27 Survey [0..10] 4.92 Survey [0..10] 4.81 Survey [0..10] 6.92 Survey [0..10] 5.80 Survey [0..10]
Attracting and retaining talents
is a priority in companies
Worker motivation
in companies is high
Brain drain Quality of life
does not hinder competitiveness in your economy
is high
Foreign highly skilled personnel Remuneration of management Collected personal income tax
are attracted to your country's business environment Total base salary plus bonuses and long-term incentives, US$ On profits, income and capital gains, as a percentage of GDP
85,236 US$
3.45 %
4.54 Survey [0..10] 13.69 micrograms
Justice
is fairly administered
Statutory minimum wage Exposure to particle pollution
Mean population exposure to PM2.5, Micrograms per cubic metre
916.15 US$
Statutory gross monthly minimum wage
Readiness
Value
2023 Rank
Labor force growth
3.54 %
u
Percentage change is readily available are readily available
4.96 Survey [0..10] 6.23 Survey [0..10] 5.08 Survey [0..10] 4.65 Survey [0..10] 5.65 Survey [0..10] 6.69 Survey [0..10] 5.88 Survey [0..10] 7.73 Survey [0..10]
Skilled labor Finance skills
International experience
of senior managers is generally significant
Competent senior managers Primary and secondary education
are readily available
meets the needs of a competitive economy
13.11 %
University education Management education Graduates in Sciences
w
% of graduates in ICT, Engineering, Math & Natural Sciences
Foreign tertiary-level students per 1000 inhabitants meets the needs of a competitive economy meets the needs of the business community are meeting the needs of enterprises
Language skills
16.21 number
Student mobility inbound
3
u
438 Average
Educational assessment - PISA
40
PISA survey of 15-year olds
53
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