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In this year's edition of the world talent ranking by the Swiss business school IMD, it occupies 45th position, out of 67 countries, in this indicator. This corresponds to a drop of eight places.
"Attractiveness has been registering the biggest drop, with Portugal occupying 45th position, after having been in 37th place in 2023, 40th in 2022 and 30th in 2021", explains the school.
The brain drain that the country has been witnessing — with thousands of qualified young people emigrating — is one of the reasons for this decline, according to IMD.
Among the 67 countries analysed, Switzerland took the gold medal in talent attraction, consolidating its leadership. Completing the podium are two repeaters: Ireland (in second place, as in the last edition) and the Netherlands (remaining in third place).
At the other end of the table, there is, Mongolia (67th position), Argentina (66th position) and Venezuela (65th position) are the countries that come out worst in the picture of attracting qualified talent.
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Thank you very much for starting this very fruitful topic. Last time, I commented on it. I am a professional and qualified science teacher and medical physicist living here since 2019. Due to bureaucratic processes and the lack of willingness from Portuguese professionals toward immigrant professionals, it is very difficult to find opportunities here. I am a witness to this and have practical experience with it, which I will share with Portuguese news from time to time.
By Muhammad Adnan Safdar from Other on 22 Sep 2024, 10:24
Unfortunately it is not surprising. Both Switzerland and Ireland are some of the most business friendly countries in Europe. Portugal has started moving in the right direction but it will take time and a continued commitment from the current and future governments to rebuild its reputation and attract high value job creation.
By Alex James from Algarve on 23 Sep 2024, 08:22
Many workers leave Portugal for work, not only professionals. They get better pay, plus the taxes here are too high.
By L from Lisbon on 23 Sep 2024, 09:25
Portugal would do far better if it didn't apply punitive taxation to what are ultimately pretty moderate salaries. To be paying 48% income tax on amounts over €81,000 is an abomination. I wonder how an American would feel if they paid 48% tax on everything they earned above $90,000. It's unspeakable that people are not permitted to properly enjoy the fruits of their labour, but see them confiscated by a greedy and overbearing State. People will migrate to the best opportunities, and many of these are outside of Portugal, especially for the highly skilled and mobile employees.
By Billy Bissett from Porto on 23 Sep 2024, 10:13