IMD World Talent Report 2023
Talent Ranking 2023
SOUTH AFRICA
u w
Overall top strengths Overall top weaknesses
OVERALL PERFORMANCE (64 countries)
Rank 2023
2019
2020
2021
2022
2023
37
Overall
61
40
Investment & Development
59
50 48
52
61
Appeal
56
60 59 57 56
61 59 56
57
63 60 62 59
56
Readiness
Investment & Development Total public expenditure on education
Value
2023 Rank
8.3 %
2
u
Percentage of GDP
1,873 US$ 30.30 ratio 27.15 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
50 62 63 63 54 35 61
w w w
3.14 Survey [0..10] 5.06 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
45.66 %
u
2.76 Survey [0..10]
Appeal
Value
2023 Rank
Cost-of-living index
53.32 index
5
u
Index of a basket of goods & services in the main city
6.30 Survey [0..10] 4.25 Survey [0..10] 2.86 Survey [0..10] 3.77 Survey [0..10] 3.90 Survey [0..10]
Attracting and retaining talents
49 61 56 61 53 57 46 49 51 39 56 57 58 50 62 56 58 52 50 52 4
is a priority in companies
Worker motivation
w
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
43,111 US$
8.95 %
4.13 Survey [0..10] 23.34 micrograms
Justice
is fairly administered
Statutory minimum wage Exposure to particle pollution
Mean population exposure to PM2.5, Micrograms per cubic metre
248.12 US$
Statutory gross monthly minimum wage
Readiness
Value
2023 Rank
Labor force growth
5.44 %
u
Percentage change is readily available are readily available
3.65 Survey [0..10] 4.96 Survey [0..10] 4.54 Survey [0..10] 4.51 Survey [0..10] 2.89 Survey [0..10] 4.68 Survey [0..10] 5.49 Survey [0..10] 5.22 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
w
meets the needs of a competitive economy
17.41 %
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
0.60 number
Student mobility inbound
- Average
Educational assessment - PISA
-
PISA survey of 15-year olds
93
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