The Netherlands Rises to Top Five in Global Talent Competitiveness Index 2023
GTCI ranking reflects nation’s commitment to fostering talent and growth
The Netherlands has moved up to 5th position in this year’s Global Talent Competitiveness Index (GTCI). It is the country’s highest GTCI rank to date and marks its debut in the top five. The international benchmarking report is compiled annually by the international business school INSEAD. In 2022, the Netherlands scored 6th.
The report breaks down the various areas in which the Netherlands excels in talent competitiveness. Noteworthy in the Netherland’s score this year is its performance in the Grow pillar, where it scores fourth. Factors contributing to this success include the high quality of tertiary education – the Netherlands earned 4th place for Formal Education. GTCI also highlights how the Netherlands provides extensive training in the workplace, placing it 7th for Lifelong Learning. The country’s widespread utilization of virtual networks, earned it the 4th spot in Access to Growth Opportunities.
A talented workforce is key for international companies
According to the report, the Netherlands demonstrates an impressive ability to Enable talent (ranked 5th). The country shows room for growth in the areas of Vocational and Technical Skills (12) and Global Knowledge Skills (16).
For businesses seeking to expand internationally, access to a highly educated and skilled workforce is a key factor in their location choice. The Netherlands’ talented workforce is not only well-trained but is also multilingual, having an especially high proficiency in English. Moreover, the Dutch are tech savvy, having strong digital skills. All of these aspects of talent combined make the Netherlands an internationally competitive location of choice for companies.
About the Global Talent Competitiveness Index
GTCI is compiled by the international business school INSEAD, together with the Human Capital Leadership Institute and Portulans Institute. It is an annual benchmarking report that measures and ranks countries based on their ability to grow, attract, and retain talent. Launched for the first time in 2014, the GTCI provides a wealth of data and analysis used as a reference of choice by governments, business, and talent experts around the world.24 November 2023