IMD World Talent Report 2023

Talent Ranking 2023

PORTUGAL

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

13

Overall

25

24 22 19

Investment & Development

26 24 22

27

23

26 25

25 27

27

30

37

Appeal

32

33

37

27

Readiness

40

Investment & Development Total public expenditure on education

Value 4.6 %

2023 Rank

37 35 13 13 45 60

Percentage of GDP

5,469 US$ 12.00 ratio 9.87 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

4.82 Survey [0..10] 4.90 Survey [0..10]

Health infrastructure Female labor force Apprenticeships Employee training

w u

meets the needs of society Percentage of total labor force is a high priority in companies

49.93 %

5

5.97 Survey [0..10]

34

Appeal

Value 71.07 index

2023 Rank

Cost-of-living index

29 29 57 54 30 36 33 39 57 11 21 41 33 47 56 52 24 16 19 20 10 21 26

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

7.12 Survey [0..10] 4.76 Survey [0..10] 3.31 Survey [0..10] 7.09 Survey [0..10] 5.24 Survey [0..10]

Attracting and retaining talents

is a priority in companies

Worker motivation

w w

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

157,932 US$

6.90 %

3.06 Survey [0..10] 8.30 micrograms

Justice

w u

is fairly administered

Statutory minimum wage Exposure to particle pollution

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

866.13 US$

Statutory gross monthly minimum wage

Readiness

Value 1.39 %

2023 Rank

Labor force growth

Percentage change is readily available are readily available

5.26 Survey [0..10] 5.59 Survey [0..10] 4.71 Survey [0..10] 4.41 Survey [0..10] 6.69 Survey [0..10] 7.29 Survey [0..10] 7.01 Survey [0..10] 8.18 Survey [0..10]

Skilled labor Finance skills

International experience

w

of senior managers is generally significant

Competent senior managers Primary and secondary education

are readily available

meets the needs of a competitive economy

27.82 %

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

u

4.28 number 492 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

86