The World’s Most Talent Competitive Countries, 2023
A country’s talent is its powerhouse. Attracting, developing and retaining skilled individuals isn’t just a strategy – it shapes a nation’s success in the global arena.
For ten years, the Global Talent Competitiveness Index (GTCI) has evaluated the talent performance of countries, guiding decision makers in shaping policies and practices to boost their competitive edge.
In this year’s GTCI rankings comprising 134 countries, Switzerland emerges as the leading nation in cultivating talent, closely followed by Singapore and the United States. Denmark, the Netherlands, Finland, Norway, Australia, Sweden and the United Kingdom complete the rest of the top ten.
GTCI data from the past decade reveals that Switzerland has maintained its top position for ten consecutive years. Singapore has held second place every year except 2020, and the United States, while somewhat less steady, has predominantly stayed within the top four.
The top ten list has remained remarkably stable over the past ten years, primarily dominated by smaller European countries. This year, European nations also secured 17 positions in the top 25. The most notable change in the top 25 is the absence of Japan, replaced by South Korea for the first time.
All eyes on emerging economies
Over the past decade, we’ve seen an unwavering link between a country's wealth and its talent competitiveness, with richer economies continuing to outshine poorer economies.
While the global talent scene remains uneven and unequal, the progress made by emerging economies provides reason for optimism. Each year, we assess how talent performance changes over extended periods, categorising countries as talent “champions”, “movers”, “limpers” or “laggards”.
Notably, in the past year, China has risen in the rankings from 47th to 40th place, transitioning from a talent mover to a talent champion. Indonesia maintained its status as a talent mover but has made remarkable strides in talent competitiveness over the past decade. Mexico has shifted from being a talent laggard to a talent mover.
Although Brazil is still among the talent laggards, it has progressed within that quadrant and may well soon shift to becoming a talent mover. All four countries have improved their ability to retain talent.
The proportion of countries from Latin America classified as talent champions has risen from 3 percent in 2020 to 6 percent in 2023. Similarly, Western Asia's representation among the talent champions has increased from 9 percent to 13 percent over the same period.
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