IMD World Talent Report 2023

Talent Ranking 2023

CZECH REPUBLIC

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

15

Overall

21

21

Investment & Development

26

26

29 30 28 34

15

39 40 37

37 41 45 38

Appeal

39 40

45

21

Readiness

48

Investment & Development Total public expenditure on education

Value 5.1 %

2023 Rank

28 34 49 25 16 11 39

Percentage of GDP

5,895 US$ 18.04 ratio 11.44 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

w w

5.96 Survey [0..10] 7.06 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

44.74 %

7.91 Survey [0..10]

7

u

Appeal

Value

2023 Rank

Cost-of-living index

77.86 index

38

w u u

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

7.96 Survey [0..10] 7.32 Survey [0..10] 6.77 Survey [0..10] 7.73 Survey [0..10] 6.04 Survey [0..10]

Attracting and retaining talents

9 7

is a priority in companies

Worker motivation

in companies is high

Brain drain Quality of life

11 22 21 44 25 10 32 23 62 21 26 14 26 24 23 24 19 23 9 8

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

106,454 US$

w

3.09 %

7.96 Survey [0..10] 14.29 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

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

693.58 US$

Statutory gross monthly minimum wage

Readiness

Value

2023 Rank

Labor force growth

-1.98 %

w

Percentage change is readily available are readily available

6.04 Survey [0..10] 6.55 Survey [0..10] 7.15 Survey [0..10] 6.64 Survey [0..10] 6.62 Survey [0..10] 7.06 Survey [0..10] 7.49 Survey [0..10] 7.15 Survey [0..10]

Skilled labor Finance skills

International experience

u

of senior managers is generally significant

Competent senior managers Primary and secondary education

are readily available

meets the needs of a competitive economy

25.88 %

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

u

Language skills

4.46 number 495 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

54