Global Talent Competitiveness Index 2023

1. What is the rank of India in Global Talent Index 2023?

India is the least desirable country among the BRICS, coming in at number 103. With a ranking of 40, China continues to lead the BRICS group of nations, followed by Russia at 52, South Africa at 68, and Brazil at 69.

2. What are the world’s most talent competitive countries 2023?

The top three nations in the world for talent competition, according to this year’s rating, are the United States, Singapore, and Switzerland, rankings they have steadily held for many years. The remaining nine places in the top 10 in 2023 are occupied by Denmark, the Netherlands, Finland, Norway, Australia, Sweden, and the United Kingdom.

3. Who releases the Global Talent Competitiveness Index?

Every year, INSEAD, the Business School for the World, along with Knowledge Partner, the Human Capital Leadership Institute, and the Descartes Institute for the Future—an independent, non-profit, high-level consultancy in multilateral projects—publish the GTCI report.

4. Why is Global Competitiveness Important?

Since competitiveness and long-term economic growth are strongly correlated, competitiveness is significant. When a nation uses its resources and expertise to enhance both the productivity of its businesses and the standard of living for its people, it can be seen as competitive.

5. What are the Advantages and Disadvantages of Global Competition?

The international market competition presents both huge opportunities and severe challenges. The advantages involve reducing corporate risk, cutting expenses, and gaining access to new markets. Cultural, political, and economic risks are among the risks that exist.

The Global Talent Competitiveness Index is an annual benchmark report. It aims to compare the relationship between talent and competitiveness. This index was originally introduced in 2013. The report is released by the prestigious chain of business schools INSEAD. In association with the Descartes Institute for the Future and the Human Capital Leadership Institute, INSEAD has issued the 2023 study, which ranks 134 nations according to their ability to develop, bring in, and retain talent. India dropped considerably from number 83 in the Global Talent Competitiveness Index ten years ago to 103 in the most recent study released in the year 2023.

In this article, we will look into the Global Talent Competitiveness Index 2023, India’s ranking in the Global Talent Competitiveness Index 2023, and its main findings in detail.