UAE Ranks First Worldwide in Collected Personal Income Tax Index

(WAM) The UAE was ranked first in the Arab region in the IMD World Talent Ranking (WTR 2022), and 21st globally, advancing two places.

The country was ranked among the top ten in nearly 30 percent of the report’s indexes, including 15th globally as part of Europe, the Middle East and Africa group, topping countries such as France, Portugal, the UK, Spain and Japan.

In addition to its overall advancement in the report, the UAE has secured a place among the top ten countries in nine indexes, with the readiness factor seeing significant improvement, being ranked 7th globally and 1st in the Middle East and North Africa.

First in "Students mobility inbound” and “Collected personal income tax”

The UAE ranked first in the world in the indexes of “Students mobility inbound” and “Collected personal income tax,” second globally in the “Competent senior managers” and third globally in the “Foreign highly-skilled personnel.”

UAE 11th worldwide in Quality of Life

The UAE was also ranked 11th globally in the “Quality of life” and made remarkable progress in many other indexes in the report, highlighting the outstanding global performance that has made it a leading country in terms of attracting and preserving international talents, to meet the requirements of the labour market.

The results of the IMD World Talent Ranking for 2022 are out. This year, economies’ appeal to attracting and retaining local and foreign #talent after the pandemic’s crippling effects on talent’s mobility is the main point of discussion: https://t.co/JcN8A0nR2T #IMDImpact pic.twitter.com/iJhL4g8zHI

— IMD (@IMD_Bschool) December 8, 2022

Data from the 2022 IMD World Talent Ranking (WTR) shows that Switzerland remains the leader among 63 economies in attracting and retaining talent for the sixth consecutive year. It is followed by Sweden, Iceland, Norway, then Denmark. Since 2018, Iceland has leapt from 16th to third.

This year's report measures 64 countries, through 3 main factors; Investment and Development, Appeal, and Readiness. Within the 3 factors, there are a total of 31 criteria (17 indexes survey-based and 14 indexes based on hard data).