Jamaica has moved up 10 places to number 66 on the latest edition of the Global Talent Competitiveness rankings.
However, the country’s overall assessed score for talent competitiveness remains middling.
That’s according to the report for 2023 published recently.
Mahiri Stewart reports.
The Global Talent Competitiveness rankings are published by one of the world’s leading and largest graduate business schools, INSEAD.
The annual rankings measure countries on a scale of one to 100, with 100 being the highest.
The final score is attained from an aggregate of several factors. These include a country’s ability to enable, attract, grow and retain talented individuals.
For 2023, Jamaica came in at 66 out of 134 countries, with a score of 43.59.
Switzerland topped the rankings with a score of 78.96. The African nation of Chad was the lowest performer with a score of 14.78.
In the Latin American and Caribbean region, Jamaica moved up four places to hold down sixth place among the 19 countries ranked.
Chile was the best performer in the region.
Where the assessment of a country’s ability to enable talent is concerned, Jamaica ranked 50th for that specific metric. This is a measure of the ability of a country’s governance and regulatory framework to foster talent competitiveness.
Similarly, Jamaica ranked 55th in its ability to attract talent. The country ranked 81st for its ability to grow talent and 79th for its ability to retain talent.
Out of the 134 countries assessed this year, 49 are considered high-income, 34 are upper-middle-income, 39 are lower-middle-income, and 12 are low-income countries.
Jamaica is assessed as being an upper-middle-income country.
Of the top 50 countries considered to be the most talent-competitive in the world, only six are upper-middle income with the remaining 46 classified as high-income countries.
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