Switzerland is once again the world’s most talent-competitive country, according to the 2023 Global Talent Competitiveness Index by business school INSEAD.
The European country has held its crown for ten consecutive years, benefiting from its “high levels of social protection” and the quality of its natural environment, the report noted.
Similarly, Singapore held onto second place, thanks to its highly educated labor force and innovative economy, followed by the U.S. which has climbed to third place after taking fourth in 2022′s rankings.
The annual report measures how 134 countries draw in, grow, and retain their talent. The top ten countries have remained steady over the past decade, with Switzerland and Singapore consistently topping the charts as “clear leaders.”
“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,” the report stated.