IMD World Talent Report 2023

Talent Ranking 2023

THAILAND

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

28

Overall

29

45

30

31

34

Investment & Development

47

43 40

41

29

43

43 45

Appeal

45 47 49

45 47

49

41

Readiness

51

51

Investment & Development Total public expenditure on education

Value

2023 Rank

3.6 %

51 52 32 58 21 20 32

w w

Percentage of GDP

1,600 US$ 14.37 ratio 22.86 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

w

5.77 Survey [0..10] 6.67 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

46.32 %

7.91 Survey [0..10]

8

u

Appeal

Value 71.72 index

2023 Rank

Cost-of-living index

31 26 17 23 32 19 22 12 34 56 38 17 24 33 23 23 32 38 33 19 47 54 49

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

7.26 Survey [0..10] 6.79 Survey [0..10] 5.67 Survey [0..10] 6.98 Survey [0..10] 6.16 Survey [0..10]

Attracting and retaining talents

is a priority in companies

Worker motivation

u

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

193,546 US$

1.83 %

u

5.91 Survey [0..10] 30.83 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

w

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

248.42 US$

Statutory gross monthly minimum wage

Readiness

Value

2023 Rank

Labor force growth

3.11 %

u

Percentage change is readily available are readily available

6.00 Survey [0..10] 6.23 Survey [0..10] 5.98 Survey [0..10] 6.24 Survey [0..10] 6.26 Survey [0..10] 6.34 Survey [0..10] 7.07 Survey [0..10] 5.38 Survey [0..10]

Skilled labor Finance skills

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

22.06 %

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

u

Language skills

0.38 number 412 Average

Student mobility inbound

w

Educational assessment - PISA

PISA survey of 15-year olds

98