What is Spain’s capacity to produce, attract and retain talent? If the fundamental raw material of the digital economy is the capacity of the professionals in the sector, this type of indicator is key. The availability of talent allows to develop new business opportunities and to attract large international corporations to set up in Spain.
In this category, an analysis has been performed on the number of business schools and university faculties offering ICT degrees. In addition, Spain’s capacity to attract professionals has been compared to that of other countries.
Once of the variables used to measure a country’s talent production capacity is the quality of its business schools.
The World Economic Forum (WEF) locates Spain at fifth place out of the 39 countries analysed. This position is superior to the other Nordic leaders and the large European economies, except for the UK.
The production of talent is also influenced by the share of ICT graduates, in degrees such as software engineering, of total number of graduates.
According to the OECD Spain is 11th out of 33 countries, ahead of the more powerful economies like the UK, France or Italy and almost at the average of the Nordic countries.
Talent attraction determines a country’s capacity to attract foreign digital professionals.
According to the World Economic Forum (WEF), there are at least 26 countries, out of a total of 29, that are better than Spain in capturing talent. The leader in this indicator is Switzerland.
The second variable that reflects talent attraction is the percentage of foreign population in a country.
Spain occupies the 15th position out of 33, with 13% of foreign population, at the average level of the large European economies, right between France and Germany.
There are 17 million people in the world directly working in jobs related to the digital economy.
Having a labour environment that is ready for the new technologies is a competitive advantage for a country. The digital giants set up offices in countries and regions that have the required resources. In this new economy, talent is the most important resource.
ICT employment is the activity rate of people working specifically in the Information and Communication Technologies sector.
Spain ranks 28th out of 32, well behind the European digital leaders. On worldwide basis, South Korea is the country that offers the highest number of jobs in the ICT industry.
This considers the number of people employed as developers, independently of the company’s main activity. This includes tasks like those performed by software programmers, web designers, mobile app designers, etc.
Spain ranks eighth out of 19, slightly above the OECD average.
As in the case of developers, this considers the percentage of ICT specialist jobs, independently of the company’s main activity.
Spain ranks 22nd out of 30, at the same level as France. Nevertheless, it is lagging behind the average for the main European economies, according to the OECD.
The HRST represents the percentage of human resources in Science and Technology of the total population.
According to Eurostat, in Spain the HRST are at 40% developed, that is, in 18th position out of 30. Spain lags behind Switzerland, the leader in this indicator, and all other main European economies.
From the total of ICT specialists, the percentage of women working in ICT has been calculated.
Spain has improved its relative position in this indicator, ranking 13th out of 30. It is in line with the stronger economies such as Germany, France and Italy, but still at a distance from Sweden, the most egalitarian country of all, according to the OECD.
This shows the percentage of researchers working in the Information and Communication Technology industry.
In this OECD ranking, Spain occupies the 27th position out of 31, behind the European leaders and Israel, who is the leader in digital research.