IMD World Talent Report 2023

Talent Ranking 2023

ESTONIA

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

10

10

Overall

17

12

13

17 19

17 19 20

Investment & Development

13

19

19 20

21 23

19

Appeal

27

29

31

32

20

Readiness

35

Investment & Development Total public expenditure on education

Value

2023 Rank

5.9 %

10 25 18 41 24 12

u

Percentage of GDP

8,855 US$ 12.25 ratio 12.69 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

5.62 Survey [0..10] 7.03 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

49.26 %

6

u

5.79 Survey [0..10]

37

Appeal

Value 66.27 index

2023 Rank

Cost-of-living index

19 12 25 30 29 32 47 38 14

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

7.79 Survey [0..10] 6.32 Survey [0..10] 5.06 Survey [0..10] 7.19 Survey [0..10] 5.59 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

98,070 US$

w

6.83 %

7.79 Survey [0..10] 6.30 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

5

u

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

24

688.69 US$

Statutory gross monthly minimum wage

Readiness

Value 3.52 %

2023 Rank

Labor force growth

13 57 59 45 54 11 17 21 21 19 24

Percentage change is readily available are readily available

3.45 Survey [0..10] 4.82 Survey [0..10] 5.19 Survey [0..10] 4.35 Survey [0..10] 7.47 Survey [0..10] 7.21 Survey [0..10] 7.00 Survey [0..10] 7.68 Survey [0..10]

Skilled labor Finance skills

w w w w u

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

27.48 %

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

4.15 number 526 Average

Student mobility inbound

Educational assessment - PISA

4

u

PISA survey of 15-year olds

56