IMD World Talent Report 2023

Talent Ranking 2023

LITHUANIA

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

13

Overall

14

23

17

18

18

Investment & Development

17

23

26

27

27

28

27

29 32

Appeal

31

31

35 33

35 34

31

Readiness

37

Investment & Development Total public expenditure on education

Value 4.8 %

2023 Rank

34 36 30 12 15 24

Percentage of GDP

5,210 US$ 14.15 ratio 9.86 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

6.12 Survey [0..10] 6.55 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

50.88 %

2

u w

5.06 Survey [0..10]

42

Appeal

Value

2023 Rank

Cost-of-living index

65.02 index

17 17 23 46 31 35 43 42 37 15 22 21 37 44 30 29 40 22 36 40 18 37 31

u

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

7.58 Survey [0..10] 6.38 Survey [0..10] 3.78 Survey [0..10] 7.05 Survey [0..10] 5.31 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

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

112,304 US$

w w

7.56 %

5.80 Survey [0..10] 9.34 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

u

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

768.73 US$

Statutory gross monthly minimum wage

Readiness

Value 2.49 %

2023 Rank

Labor force growth

Percentage change is readily available are readily available

5.02 Survey [0..10] 5.66 Survey [0..10] 5.72 Survey [0..10] 5.86 Survey [0..10] 5.82 Survey [0..10] 6.14 Survey [0..10] 6.06 Survey [0..10] 7.68 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

26.03 %

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

2.35 number 480 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

75