IMD World Talent Report 2023

Talent Ranking 2023

BULGARIA

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

Overall

42

58

45

45

46

46

Investment & Development

42

52

60

55

55 57

Appeal

58

58 60 62

58

59 61

62

61 62

Readiness

Investment & Development Total public expenditure on education

Value 4.5 %

2023 Rank

41 46 10 29 61 61 24 57 10 54 62 64 60 63 56 27 58 43 32 42 58 63 61 56 59 47 62 63 46 35 45

Percentage of GDP

2,363 US$ 11.12 ratio 11.69 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 u

3.59 Survey [0..10] 4.60 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

46.89 %

u

3.53 Survey [0..10]

Appeal

Value

2023 Rank

Cost-of-living index

58.89 index

u

Index of a basket of goods & services in the main city

5.93 Survey [0..10] 4.14 Survey [0..10] 1.80 Survey [0..10] 3.87 Survey [0..10] 2.47 Survey [0..10]

Attracting and retaining talents

is a priority in companies

Worker motivation

in companies is high

Brain drain Quality of life

w

does not hinder competitiveness in your economy

is high

Foreign highly skilled personnel Remuneration of management Collected personal income tax

w

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

48,022 US$

3.49 %

u

2.90 Survey [0..10] 17.49 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

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

381.69 US$

Statutory gross monthly minimum wage

Readiness

Value 1.34 %

2023 Rank

Labor force growth

Percentage change is readily available are readily available

3.43 Survey [0..10] 3.93 Survey [0..10] 4.20 Survey [0..10] 4.00 Survey [0..10] 3.67 Survey [0..10] 3.67 Survey [0..10] 3.87 Survey [0..10] 5.40 Survey [0..10]

Skilled labor Finance skills

w

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

19.51 %

University education Management education Graduates in Sciences

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

w w

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

2.53 number 427 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

47