IMD World Talent Report 2023
Talent Ranking 2023
FINLAND
u w
Overall top strengths Overall top weaknesses
OVERALL PERFORMANCE (64 countries)
Rank 2023
2019
2020
2021
2022
2023
Overall
3
6
4
5
6
6 7
Investment & Development
11
8
8
10
10 11
10
11
11
11
Appeal
12
15
7
16
Readiness
Investment & Development Total public expenditure on education
Value 5.7 %
2023 Rank
13 14 26 37 27
Percentage of GDP
11,232 US$ 13.36 ratio 12.39 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
5.47 Survey [0..10] 7.44 Survey [0..10]
Health infrastructure Female labor force Apprenticeships Employee training
5 8
u
meets the needs of society Percentage of total labor force is a high priority in companies
48.45 %
7.64 Survey [0..10]
12
Appeal
Value
2023 Rank
Cost-of-living index
79.71 index
43 13
w
Index of a basket of goods & services in the main city
7.69 Survey [0..10] 7.47 Survey [0..10] 6.94 Survey [0..10] 9.01 Survey [0..10] 5.08 Survey [0..10]
Attracting and retaining talents
is a priority in companies
Worker motivation
5 8 6
u
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
38 27 59
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
177,937 US$
12.88 %
w u u
8.94 Survey [0..10] 4.96 micrograms
Justice
2 1
is fairly administered
Statutory minimum wage Exposure to particle pollution
Mean population exposure to PM2.5, Micrograms per cubic metre
-
- US$
Statutory gross monthly minimum wage
Readiness
Value
2023 Rank
Labor force growth
1.55 %
39 17
w
Percentage change is readily available are readily available
6.25 Survey [0..10] 7.33 Survey [0..10] 6.03 Survey [0..10] 6.53 Survey [0..10] 7.86 Survey [0..10] 8.28 Survey [0..10] 7.78 Survey [0..10] 8.36 Survey [0..10]
Skilled labor Finance skills
8
International experience
22 17
of senior managers is generally significant
Competent senior managers Primary and secondary education
are readily available
8
meets the needs of a competitive economy
27.94 %
University education Management education Graduates in Sciences
15
% of graduates in ICT, Engineering, Math & Natural Sciences
4 6 9
u
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
4.27 number 516 Average
Student mobility inbound
22
Educational assessment - PISA
9
PISA survey of 15-year olds
57
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