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What is Global Talent Competitiveness Index? - Answers

Questions answered : 768||Last updated on : June 14th, 2018 At 07:30am (ET)

What is Global Talent Competitiveness Index?

World Map highlighting Global Talent Competitiveness by Country

The Global Talent Competitiveness Index is a report released by INSEAD in partnership with Human Capital Leadership Institute of Singapore and the Adecco Group. The report measures a nations’ ability to compete for talent. The report also measures, how nations around the world grow, attract as well as retain talent. Countries that occupy the top slots in the table have certain characteristics in common. These are employment policies that support flexibility, good educational standards, mobility and entrepreneurship, among others.

The 2018 Global Talent Competitiveness Index, which is the fifth edition, places Switzerland again at the top of the table with a score of 79.9. Singapore occupies the second spot with a score of 78.42. However, this time around the United States emerged in third place, with a score of 75.34.

Last year, The United Kingdom was in third, but it fell down to ninth with a score of 73.11. Other countries that scored more than 70 are; Norway, Sweden, Finland, Australia, New Zealand, Ireland, Iceland, Netherlands, Luxembourg and Denmark. These countries stand in the high-income group.

The countries that scored between 60 and 70, either belong to Europe or the Middle-East, and all of them are high-income economies as well. The only country which belongs to Asia is Japan, having a score of 62.63.

BRICS, which are five major emerging national economies, do not fare that well on the 2018 Global Talent Competitiveness Index. They all have score between 30 and 50. The five nations; China, Russia, South Africa, Brazil and India occupy 44, 54, 64, 74, and 82 ranks, with scores of 48.01, 44.22, 41.22, 38.86 and 36.78, respectively.

Portugal, Chile, Italy, and many others have scores between 50 and 60. Barring Costa Rica and Malaysia, which are upper-middle income countries, the rest belong to the high-income category. In comparison to last edition, Hungary and Saudi Arabia dropped to a score of 44.25 and 49.61, respectively.

At the bottom of the scale and with scores of less than 30, are the countries; Ethiopia, Pakistan, Mali, Bangladesh, Tanzania, Mozambique, Zimbabwe, and Madagascar among many others. The majority of these nations fall under lower-middle income and low- income category, except Venezuela, Paraguay and Algeria, which are under upper-middle income category.

For a better understanding of the Global Talent Competitiveness score and rank of each nation, refer to the table below.

COUNTRY SCORE OVERALL RANK INCOME GROUP
Switzerland 79.9 1 High income
Singapore 78.42 2 High income
United States of America 75.34 3 High income
Norway 74.56 4 High income
Sweden 74.32 5 High income
Finland 73.95 6 High income
Denmark 73.79 7 High income
United Kingdom 73.11 8 High income
Netherlands 72.56 9 High income
Luxembourg 71.64 10 High income
Australia 71.61 11 High income
New Zealand 71.52 12 High income
Ireland 71.38 13 High income
Iceland 70.48 14 High income
Canada 69.63 15 High income
Belgium 69.56 16 High income
United Arab Emirates 68.88 17 High income
Austria 68.63 18 High income
Germany 67.77 19 High income
Japan 62.63 20 High income
France 62.61 21 High income
Estonia 61.93 22 High income
Qatar 61.9 23 High income
Israel 61.79 24 High income
Czech Republic 60.02 25 High income
Malta 58.77 26 High income
Malaysia 58.51 27 Upper-midle income
Slovenia 55.77 28 High income
Portugal 55.75 29 High income
Korea, Rep. 55.57 30 High income
Spain 54.91 31 High income
Lithuania 53.31 32 High income
Chile 52.95 33 High income
Latvia 52.27 34 High income
Costa Rica 51.38 35 Upper-midle income
Italy 50.55 36 High income
Cyprus 50.29 37 High income
Bahrain 50.16 38 High income
Poland 50.06 39 High income
Slovakia 50.02 40 High income
Saudi Arabia 49.61 41 High income
Greece 48.21 42 High income
China 48.01 43 Upper-middle income
Uruguay 47.67 44 High income
Panama 46.88 45 Upper-middle income
Mauritius 46.79 46 Upper-middle income
Bulgaria 45.72 47 Upper-middle income
Croatia 45.42 48 High income
Argentina 44.92 49 Upper-middle income
Jordan 44.7 50 Upper-middle income
Kazakhstan 44.44 51 Upper-middle income
Hungary 44.25 52 High income
Russian Federation 44.22 53 Upper-middle income
Philippines 44.17 54 Lower-middle income
Trinidad and Tobago 44.02 55 High income
Oman 43.93 56 High income
Azerbaijan 43.63 57 Upper-middle income
Montenegro 43.47 58 Upper-middle income
Macedonia, FYR 43.08 59 Upper-middle income
Lebanon 41.91 60 Upper-middle income
Ukraine 41.5 61 Lower-middle income
Botswana 41.27 62 Upper-middle income
South Africa 41.22 63 Upper-middle income
Romania 41.13 64 Upper-middle income
Kuwait 40.85 65 High income
Armenia 40.76 66 Lower-middle income
Colombia 40.57 67 Upper-middle income
Turkey 40.45 68 Upper-middle income
Serbia 40.05 69 Upper-middle income
Thailand 39.96 70 Upper-middle income
Mexico 39.08 71 Upper-middle income
Georgia 38.89 72 Upper-middle income
Brazil 38.86 73 Upper-middle income
Peru 38.51 74 Upper-middle income
Mongolia 38.29 75 Lower-middle income
Rwanda 38.07 76 Low income
Indonesia 38.04 77 Lower-middle income
Albania 37.47 78 Upper-middle income
Dominican Republic 37.25 79 Upper-middle income
Namibia 37 80 Upper-middle income
India 36.78 81 Lower-middle income
Sri Lanka 36.75 82 Lower-middle income
Tunisia 36.4 83 Lower-middle income
Guatemala 36.18 84 Lower-middle income
Ecuador 36.03 85 Upper-middle income
Moldova, Rep. 35.78 86 Lower-middle income
Viet Nam 35.55 87 Lower-middle income
Kenya 34.87 88 Lower-middle income
Bosnia and Herzegovina 34.15 89 Upper-middle income
Ghana 33.58 90 Lower-middle income
Bhutan 33.54 91 Lower-middle income
Honduras 33.26 92 Lower-middle income
Kyrgyzstan 33.2 93 Lower-middle income
Iran, Islamic Rep. 32.57 94 Upper-middle income
Lao PDR 32.38 95 Lower-middle income
Gambia 32 96 Low income
Senegal 31.98 97 Low income
Morocco 31.86 98 Lower-middle income
Paraguay 31.83 99 Upper-middle income
El Salvador 29.56 100 Lower-middle income
Algeria 29.45 101 Upper-middle income
Bolivia, Plurinational St. 29.44 102 Lower-middle income
Uganda 29.09 103 Low income
Egypt 28.42 104 Lower-middle income
Venezuela, Bolivarian Rep. 28.13 105 Upper-middle income
Lesotho 27.88 106 Lower-middle income
Tanzania, United Rep. 27.66 107 Low income
Cambodia 27.02 108 Lower-middle income
Pakistan 26.94 109 Lower-middle income
Malawi 26.24 110 Low income
Nicaragua 26.1 111 Lower-middle income
Ethiopia 25.34 112 Low income
Mali 24.66 113 Low income
Bangladesh 24.5 114 Lower-middle income
Zimbabwe 24.33 115 Low income
Nepal 24.05 116 Low income
Mozambique 22.85 117 Low income
Madagascar 22.76 118 Low income
Yemen 16.1 119 Lower-middle income

 

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