These Countries Are Best At Developing And Attracting Workforce Talent

Sweden has this year moved up five places in the annual World Talent Ranking compiled by the Switzerland-based International Institute for Management Development, moving from 8th to 3rd. Globally, Switzerland and Denmark remained the top two performers this year, followed by Sweden, Austria, and Luxembourg.

The Top 10 was completed by Norway (6th), Iceland (7th), Finland (8th), the Netherlands (9th) and Singapore (10th).

European dream …

Europe is the leading hub for the world’s talent, outperforming other regions in attracting, developing and retaining highly skilled employees. Switzerland tops the table, as it has done in each of the previous five editions.

China and India are lagging behind European countries in developing and attracting workforce talent as a result of their low quality of life and lower government spending on education, the report said.

Singapore was the only Asian entry in the top 10, coming in at the tenth position, while Hong Kong was ranked 15, ahead of Israel (No. 19), Taiwan (No. 20), and Malaysia (22). China was ranked 42, while India was ranked 59.

1. Switzerland
2. Denmark
3. Sweden
4. Austria
5. Luxembourg
6. Norway
7. Iceland
8. Finland
9. Netherlands
10. Singapore
11. Germany
12. USA
13. Canada
14. Belgium
15. Hong Kong
16. Australia
17. New Zealand
18. Ireland
19. Israel
20. Taiwan
21. Cyprus
22. Malaysia
23. Portugal
24. United Kingdom
25. France
26. Qatar
27. Estonia
28. Lithuania
29. Saudi Arabia
30. UAE
31. Slovenia
32. Spain
33. South Korea
34. Latvia
35. Japan
36. Italy
37. Poland
38. Kazakhstan
39. Czech Republic
40. Greece
41. Indonesia
42. China
43. Thailand
44. Ukraine
45. Hungary
46. Chile
47. Russia
48. Argentina
49. Philippines
50. South Africa
51. Jordan
52. Bulgaria
53. Croatia
54. Colombia
55. Romania
56. Peru
57. Slovak Republic
58. Turkey
59. India
60. Mexico
61. Brazil
62. Venezuela
63. Mongolia

The report is based on three factors: investment and development of home-grown talent; appeal — the ability of an economy to tap into the overseas talent pool; and readiness — the availability of skills and competencies. The report assesses the ability of 63 economies to develop, attract and retain talent.

The Top 10: These countries are best at attracting and nurturing talented workers

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