In Global Talent Competitiveness Index 2017 (GTCI), Pakistan is positioned at No. 111 out of 118 countries. In this annual benchmarking report measuring the ability of countries to compete for talent, 118 countries are ranked according to their ability to grow, attract and retain talent. Switzerland topped the chart followed by Singapore and UK.
About Global Talent Competitiveness Index
GTCI was launched in 2013 for the first time and it takes place every year. It is a universal kind of a report which assesses the capability of countries to contest for the talent. Countries are positioned in terms of their ability to develop, attract and maintain talent. Moreover, the report ranks 118 countries and it is envisioned to assist countries in overcoming talent disparities. It also works on developing countries to compete with the rest of the world.
This year, the theme of GTCI’s edition is ‘Talent and Technology: Shaping the Future of Work’. The report emphasized on technology and its study on how it is affecting talent competitiveness and the nature of the work. Moreover, it also focuses on challenges, opportunities and threats. Much more than an international league table of talent, the GTCI report provides a tool-kit for governments, businesses and non-profit organisations throughout the world. Its wealth of data, analysis and national scoreboards is intended to help countries overcome talent mismatches and be competitive in the global marketplace.
Pakistan Ranks Below Ethiopia
Out of 118 countries, Pakistan is ranked No. 111 just after Ethiopia and two places ahead of Bangladesh. On the other hand, Pakistan’s rival India secured 92nd position in GTCI. As far as position on region basis is concerned, Pakistan is positioned at No. 7. With close to $200 million population of the country and almost $270 million GDP, most of the people belong to the lower middle class.
There are plenty of areas where Pakistan needs to improve and they are as following:
- Availability of engineers and scientists
- Brain gain
- Business opportunities for women
- Ease of discovering skilled employees
- Formal education
- ICT infrastructure
- Labor-employer cooperation
- Technology transfer
- Technology utilization
Pakistan displayed better overall performance in Global Knowledge Skills (GKS) out of all the categories with 81st position. The skills included entrepreneurial activity, high-quality technology exports, innovation output, new business density, professionals, quality of scientific institutions and researchers.