Albania has ranked number 76 out of 132 with a score of 38.94 in terms of its Global Talent Competitiveness Index, reported by international recruitment specialists Adecco Group. The report aims to benchmark the dimension of talent and human capital and how it connects to competitiveness.
Overall, Albania is just below the middle in terms of ranking but fails to notch up a significant number of points. This means that there is a lot of work to be done in encouraging and retaining talent, investing in emerging technologies, and cultivating a working environment which both supports local talent and brings it from outside of the country as well.
Albania ranks poorly in terms of Rule of Law, the level of unemployed citizens with tertiary education, investment in emerging technologies and active labour market policies.
Albania ranked at number 123 for ‘brain gain’, the reverse of brain drain. This means that very few highly-trained, foreign-born professionals are entering the country to live. It received a poor score for social mobility, meaning that there is very little movement between families and individuals within or between social strata in society.
Low scores were also observed in terms of retaining talent which is unsurprising considering how many want to leave Albania to study and work abroad.
The report also noted that senior officials had very poor global knowledge skills, meaning they lack the ability to adapt in the ever-changing and highly globalised world.
Albania ranked well for its prevalence of female graduates, reaching number 12 globally, as well as for its leadership opportunities for women.
Number one on the list is Switzerland followed by the USA, Singapore, Sweden, Denmark and the Netherlands. Last comes Yemen, preceded by Angola, Democratic Republic of Congo, Burundi, Mozambique, and Zimbabwe.
In the Western Balkans region, Bosnia ranks lowest at number 101, followed by North Macedonia at 89, Albania at 76, Croatia at 59, Serbia at 58, at Montenegro at 53.