IMD World Talent Report 2023

Talent Ranking 2023

SLOVAK REPUBLIC

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

Overall

43

51

44

47

48 50

48

Investment & Development

51 49

49

44

52 53

54

54

54

49

Appeal

57 59

54

Readiness

61

Investment & Development Total public expenditure on education

Value 4.3 %

2023 Rank

43 38 47 43 53 41 20 46 32 44 40 61 41 58 28 29 55 39 25 46 45 58 53 59 54 37 59 52 44 34 36

Percentage of GDP

4,753 US$ 17.35 ratio 13.05 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

4.32 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

47.09 %

u

4.27 Survey [0..10]

Appeal

Value

2023 Rank

Cost-of-living index

71.74 index

u

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

6.46 Survey [0..10] 5.49 Survey [0..10] 2.15 Survey [0..10] 6.31 Survey [0..10] 3.28 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

w u u

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

175,796 US$

3.85 %

3.33 Survey [0..10] 15.46 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

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

680.27 US$

Statutory gross monthly minimum wage

Readiness

Value 0.94 %

2023 Rank

Labor force growth

Percentage change is readily available are readily available

4.74 Survey [0..10] 4.95 Survey [0..10] 4.77 Survey [0..10] 3.85 Survey [0..10] 4.41 Survey [0..10] 4.67 Survey [0..10] 5.49 Survey [0..10] 5.54 Survey [0..10]

Skilled labor Finance skills

w

International experience

of senior managers is generally significant

Competent senior managers Primary and secondary education

w

are readily available

meets the needs of a competitive economy

22.18 %

University education Management education Graduates in Sciences

% of graduates in ICT, Engineering, Math & Natural Sciences

w

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

2.61 number 469 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

91