Poor performance in attracting, growing and maintaining talent, has led to Bangladesh coming in 123 out of 134 countries in the Global Talent Competitiveness Index (GTCI) 2021.
With the bottom-table ranking, Bangladesh reached its lowest position in talent competitiveness among nine Central and South Asian countries.
The eighth edition of the index was published on Tuesday by French business school INSEAD, in partnership with Portulans Institute.
Bangladesh scored only 25.3 out of 100, far below the global average score 50.2.
Last year, with a score of 24.67, the country was in 124th position among 132 countries and also ranked lowest among ten Central and South Asian countries.
This year Kazakhstan has been considered the most talent-competitive country in Central and South Asia, placing 60th with a score of 47.94.
The second most talent-competitive country in the region, India was ranked 88th. It was followed by Kyrgyzstan at 89th, Sri Lanka at 93rd, Tajikistan at 97th, and Iran at 100th.
Bangladesh, Nepal (113th) and Pakistan (107th) were the bottom three countries in the region.
Meanwhile, Switzerland, Singapore and the United States continued their strong lead in talent competitiveness in the world.
This year's rankings saw European countries dominate the top positions, with 17 of them in the top 25.
The GTCI is an input-output model which combines an assessment of what countries do to produce and acquire talent (input), and the kind of skills that are available to them as a result (output).
The index is based on six pillars: enabling talent, attracting talent, growing talent, retaining talent, providing vocational and technical skills and global knowledge skills.
Bangladesh's scores and global rankings on the six pillars were 32.57 or 119th on enabling talent, 32.10 and 127th on attracting talent, 18.71 and 123rd on growing talent, 28.70 and 114th on retaining talent, 28.71 and 116th on vocational and technical skills and, 10.98 and 128th on global knowledge skills.