How is the global talent pool changing (2013, 2030)? The number of tertiary educated young people (25-34 years old) in OECD and G20 countries has grown by nearly 45% in the past decade and is expected to keep growing until 2030. If current trends continue, the contribution of OECD countries to the global talent pool will keep shrinking through 2030. China and India are expected to supply more than 60% of the G20 workforce with a qualification in science, technology, engineering and mathematics by 2030.
The global talent pool has grown over the past decade and is expected to continue growing through to 2030… How is the global talent pool changing (2013, 2030)?
The number of tertiary educated young people (25-34 years old) in OECD and G20 countries has grown by nearly 45% in the past decade and is expected to keep growing until 2030. If current trends continue, the contribution of OECD countries to the global talent pool will keep shrinking through 2030. China and India are expected to supply more than 60% of the G20 workforce with a qualification in science, technology, engineering and mathematics by 2030. The number of young people aged 25-34 with a tertiary qualification increased by nearly 45% between 2005 and 2013 in OECD and G20 countries and is expected to keep increasing in the coming decade. While, on average, only 14% of the young people in OECD and G20 countries had a tertiary qualification in 2005, more than 45% are expected to have a tertiary qualification in 2030 if the growth of the past decade is sustained. Non-OECD G20 countries (Argentina, Brazil, China, India, Indonesia, the Russian Federation, Saudi Arabia and South Africa) have been the main drivers of the global growth in the past decade (Figure 1). While in 2005 OECD countries represented 60% of the 94 million young people with tertiary education, by 2013 non-OECD G20 countries had closed the attainment gap and by 2030 the picture is expected to reverse completely: 70% of young people with tertiary education will come from non-OECD G20 countries.
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