IMD World Talent Report 2023

Talent Ranking 2023

SPAIN

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

Overall

22

32

23

24

25 26

26

Investment & Development

25

32 30

32 31

32 35

32

32

26

Appeal

41

41

42

42

42

Readiness

43

Investment & Development Total public expenditure on education

Value 4.6 %

2023 Rank

38 32 17 21 35 40 18 19 37 46 44 40 13 18 19 44 46 17 16 47 43 46 31 38 41 43 40 28 52 44 27

Percentage of GDP

5,987 US$ 12.21 ratio 10.55 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

5.08 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

47.22 %

u

7.18 Survey [0..10]

Appeal

Value 75.03 index

2023 Rank

Cost-of-living index

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

6.42 Survey [0..10] 5.29 Survey [0..10] 4.41 Survey [0..10] 8.27 Survey [0..10] 6.25 Survey [0..10]

Attracting and retaining talents

w

is a priority in companies

Worker motivation

in companies is high

Brain drain Quality of life

does not hinder competitiveness in your economy

u

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

203,446 US$

8.74 %

4.79 Survey [0..10] 9.77 micrograms

Justice

w u u

is fairly administered

Statutory minimum wage Exposure to particle pollution

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

1,228.56 US$

Statutory gross monthly minimum wage

Readiness

Value

2023 Rank

Labor force growth

0.91 %

w

Percentage change is readily available are readily available

4.79 Survey [0..10] 5.61 Survey [0..10] 5.63 Survey [0..10] 5.35 Survey [0..10] 5.79 Survey [0..10] 5.96 Survey [0..10] 6.71 Survey [0..10] 5.17 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

20.81 %

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

w

1.74 number 492 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

94