IMD World Talent Report 2023

Talent Ranking 2023

TURKEY

u w

Overall top strengths Overall top weaknesses

OVERALL PERFORMANCE (64 countries)

Rank 2023

2019

2020

2021

2022

2023

Overall

41

49

44 43

Investment & Development

46

51

49 51

53 51 50

44

53 52 55 56

Appeal

53

58 56

57

43

Readiness

Investment & Development Total public expenditure on education

Value 4.8 %

2023 Rank

35 54 46 42 46 48 57 30 51 48 53 55 51 40 23 54 50 31 18 30 52 33 53 59 57 48 53 38 38 1 7

Percentage of GDP

1,474 US$ 17.07 ratio 12.93 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

4.82 Survey [0..10] 5.39 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

33.97 %

w u

6.29 Survey [0..10]

Appeal

Value

2023 Rank

Cost-of-living index

43.55 index

u

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

6.16 Survey [0..10] 5.22 Survey [0..10] 3.33 Survey [0..10] 4.49 Survey [0..10] 4.00 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

128,492 US$

3.03 %

u

3.39 Survey [0..10] 22.55 micrograms

Justice

is fairly administered

Statutory minimum wage Exposure to particle pollution

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

390.47 US$

Statutory gross monthly minimum wage

Readiness

Value

2023 Rank

Labor force growth

4.59 %

u u

Percentage change is readily available are readily available

6.16 Survey [0..10] 6.37 Survey [0..10] 4.82 Survey [0..10] 5.63 Survey [0..10] 4.61 Survey [0..10] 4.69 Survey [0..10] 5.55 Survey [0..10] 5.14 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

15.21 %

University education Management education Graduates in Sciences

w w

% 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

2.21 number 462 Average

Student mobility inbound

Educational assessment - PISA

PISA survey of 15-year olds

99