IMD World Talent Report 2023

Talent Ranking 2023

TAIWAN, CHINA

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

Overall

9

20

11

12

Investment & Development

15

23

16

19

20 21 19 23

20

20

20 22

21

Appeal

23 25

24

25 26

19

Readiness

29

Investment & Development Total public expenditure on education

Value

2023 Rank

3.5 %

52 31 15 30 11

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Percentage of GDP 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

6,540 US$ 12.10 ratio 11.80 ratio

6.29 Survey [0..10] 7.21 Survey [0..10]

Health infrastructure Female labor force Apprenticeships Employee training

are sufficiently implemented

7

u

is a high priority in companies

44.70 %

40

Percentage of total labor force

8.58 Survey [0..10]

2

u

meets the needs of society

Appeal

Value

2023 Rank

Cost-of-living index

83.02 index

48 25

w

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

7.27 Survey [0..10] 7.49 Survey [0..10] 4.11 Survey [0..10] 7.81 Survey [0..10] 4.72 Survey [0..10]

Attracting and retaining talents

is a priority in companies

Worker motivation

4

u w

in companies is high

Brain drain Quality of life

41 21 44 23 15 27 28

does not hinder competitiveness in your economy

is high

Foreign highly skilled personnel Remuneration of management Collected personal income tax

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are attracted to your country's business environment

183,102 US$

Total base salary plus bonuses and long-term incentives, US$

2.44 %

On profits, income and capital gains, as a percentage of GDP

6.50 Survey [0..10] 14.10 micrograms

Justice

is fairly administered

Exposure to particle pollution Statutory minimum wage

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

-

- US$

Statutory gross monthly minimum wage

Readiness

Value

2023 Rank

Labor force growth

-0.55 %

59 29 20 40 26 16 20 12 41 26 7

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Percentage change

5.83 Survey [0..10] 6.74 Survey [0..10] 5.35 Survey [0..10] 5.93 Survey [0..10] 7.14 Survey [0..10] 7.26 Survey [0..10] 7.28 Survey [0..10] 6.15 Survey [0..10]

Skilled labor Finance skills

is readily available

are readily available

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

31.46 %

University education Management education Graduates in Sciences

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

meets the needs of a competitive economy

meets the needs of the business community

Language skills

are meeting the needs of enterprises

3.86 number 516 Average

Student mobility inbound

Foreign tertiary-level students per 1000 inhabitants

Educational assessment - PISA

8

u

PISA survey of 15-year olds

97