IMD World Talent Report 2023

Talent Ranking 2023

ROMANIA

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

Overall

47

53

48

49

50

Investment & Development

53

51

52

53

53

55 54

55 54

48

Appeal

55

55

57

53

58

Readiness

Investment & Development Total public expenditure on education

Value

2023 Rank

3.2 %

56 45 53 15 60 42 47 50 14 48 54 50 56 48 49 13 47 29 27 50 50 56 41 53 51 11 55 61 30 45 44

w

Percentage of GDP

2,623 US$ 18.60 ratio 10.10 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 w

3.67 Survey [0..10] 5.69 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

42.44 %

4.05 Survey [0..10]

Appeal

Value

2023 Rank

Cost-of-living index

62.91 index

u

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

6.31 Survey [0..10] 4.87 Survey [0..10] 3.58 Survey [0..10] 4.38 Survey [0..10] 4.42 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

w

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

90,522 US$

2.36 %

u

4.55 Survey [0..10] 14.21 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

u

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

543.89 US$

Statutory gross monthly minimum wage

Readiness

Value 0.57 %

2023 Rank

Labor force growth

Percentage change is readily available are readily available

4.44 Survey [0..10] 5.10 Survey [0..10] 5.35 Survey [0..10] 4.40 Survey [0..10] 4.67 Survey [0..10] 4.85 Survey [0..10] 4.62 Survey [0..10] 6.79 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

29.09 %

University education Management education Graduates in Sciences

u

% 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

w

Language skills

1.68 number 428 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

88