IMD World Talent Report 2023
Talent Ranking 2023
PHILIPPINES
u w
Overall top strengths Overall top weaknesses
OVERALL PERFORMANCE (64 countries)
Rank 2023
2019
2020
2021
2022
2023
31 26
Overall
60
31 33
35
Investment & Development
62
43 47
43
48
55
49
Appeal
60 62 55 51
54
57 62
51
Readiness
61
61
62
Investment & Development Total public expenditure on education
Value
2023 Rank
3.1 %
58 63 59 60 47 37 50 54 25 47 38 52 54 46 32 17 51 48 44 35 44 28 48 34 43 36 25 57 57 9 3
w w w w
Percentage of GDP
367 US$
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
25.19 ratio 24.64 ratio
4.66 Survey [0..10] 5.95 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
41.22 %
3.60 Survey [0..10]
Appeal
Value
2023 Rank
Cost-of-living index
69.45 index
u
Index of a basket of goods & services in the main city
6.37 Survey [0..10] 5.57 Survey [0..10] 3.37 Survey [0..10] 4.58 Survey [0..10] 4.50 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
159,418 US$
2.64 %
u
3.71 Survey [0..10] 20.15 micrograms
Justice
is fairly administered
Statutory minimum wage Exposure to particle pollution
Mean population exposure to PM2.5, Micrograms per cubic metre
147.95 US$
Statutory gross monthly minimum wage
Readiness
Value
2023 Rank
Labor force growth
3.89 %
u u
Percentage change is readily available are readily available
7.08 Survey [0..10] 6.08 Survey [0..10] 5.22 Survey [0..10] 5.89 Survey [0..10] 4.93 Survey [0..10] 5.92 Survey [0..10] 6.35 Survey [0..10] 7.10 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
22.83 %
University education Management education Graduates in Sciences
% 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
u
0.11 number 350 Average
Student mobility inbound
Educational assessment - PISA
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PISA survey of 15-year olds
84
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