World Talent Ranking 2024: Switzerland leads, India drops to 58th position

The IMD’s recent World Talent Ranking 2024 shows that Switzerland ranks first, followed by Singapore; India finds itself ranked 58th globally, with a talent score of 40.47. The IMD World Talent Ranking 2024 shows the overall ranking for 67 economies. The economies are ranked from the most to the least competitive, and the change from the Previous year’s rankings are also shown.

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• IMD has been a pioneering force in developing leaders and organizations that contribute to a more prosperous, sustainable, and inclusive world for more than 75 years.
• Our executive education and degree programs are consistently ranked among the world’s best.
• This consistency at the forefront of its industry is grounded in IMD’s unique approach to creating “Real Learning. Real Impact.”

The structure of the IMD World Talent Ranking

• Investment and development

• Appeal

• Readiness

• These 3 factors comprise 31 criteria, although each factor does not necessarily have the same number of criteria (for example, it takes more criteria to assess Readiness than to evaluate Investment and Development).
• Each factor, independently of the number of criteria it contains, has the same weight in the overall consolidation of results that is ⅓.

Switzerland Tops

Switzerland excels in investment, development, and appeal factors while maintaining high standards in quality of life, health infrastructure, educational attainment, statutory minimum wage, and foreign personnel attraction.

India’s Position

• India finds itself ranked 58th globally, with a talent score of 40.47.
• A decline from last year’s 56th position and a significant drop from 52nd in 2022.
• The 2024 World Talent Ranking reveals a mixed performance, with India’s overall rank falling as it struggles with readiness and investment development metrics.

Rankings

Competitive Rankings

1. Switzerland
2. Singapore
3. Luxemburg
4. Sweden
5. Denmark
6. India

Europe-Middle East-Africa

1. Switzerland
2. Singapore
3. Luxemburg
4. Sweden
5. Denmark

Asia-Pacific

1. Singapore
2. Hongkong
3. Australia
4. Taiwan
5. Korea Republic
6. India

The Americas

1. Canada
2. USA
3. Porto Rico
4. Chile
5. Columbia

Investment & Development Factor 

1. Switzerland
2. Luxembourg
3. Norway
4. Iceland
5. Israel

Appeal Factor

1. Switzerland
2. Ireland
3. Netherlands
4. Luxembourg
5. Singapore

Readiness Factor 

1. Singapore
2. UAE
3. Switzerland
4. Hong Kong SAR
5. Denmark