Global gender gap index 2022

Global gender gap narrowing, but still 132 years to reach parity World Economic Forum's (WEF) Global Gender Gap Report 2022shows that gender parity may not be achieved for a further 132 years. In 2022, the global gender gap has been closed by 68.1%. At the current rate of progress, it will take 132 years to reach full parity. This represents a slight four-year improvement compared to the 2021 estimate (136 years to parity). "As crises are compounding, women's workforce outcomes are suffering and the risk of global gender parity backsliding further intensifies," cites the report. And when it comes to achieving workplace equality, the Global Gender Gap Report shows it will take another 151 years.Men still hold a clear advantage in being promoting to leadership roles.Meanwhile, female founders are starting their own businesses at a faster rate than men. Progresshas paused for women and girls around the world Saadia Zahidi, a Managing Director at the World Economic Forum, says: "While more women have been moving into paid work over the last decades and, increasingly, into leadership positions in industry, there have been continued headwinds: societal expectations, employer policies, the legal environment and the availability of care infrastructure. This has continued to limit the educational opportunities women access as well as the career possibilities they can pursue. The economic and social consequences of the pandemic and geopolitical conflict have paused progress and wors...

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Although the threshold for inclusion in the GEI has increased, the member list has grown significantly. Today, Bloomberg announced that 418 companies representing a combined market capitalization of USD16 Trillion and headquartered in 45 countries and regions are included in the 2022 Bloomberg Gender-Equality Index (GEI). The GEI helps bring transparency to gender-related practices and policies at publicly-listed companies around the world, increasing the breadth and depth of environmental, social, governance (ESG) data available to investors. A record number of companies disclosed their data for this year’s GEI by using the GEI Framework, an increase of 20% year-over-year. This demonstrates a growing commitment to gender equality and recognition that the global business community can lead the charge for meaningful change by committing to more transparent reporting and disclosure of social data. “The changing nature of work due to the pandemic has highlighted the importance of addressing gender equality issues in a rapidly-evolving global workforce,” said Peter T. Grauer, Chairman of Bloomberg. “The Bloomberg Gender-Equality Index recognizes companies that are maintaining a strong focus on providing an inclusive work environment that supports the evolving needs of employees and retains the competitive strengths gained through gender diversity, which is increasingly critical in this challenging business environment.” The GEI framework scores companies across five key pillar...

Progress towards closing the gender gap has stalled in most countries. Only 30 of the 145 economies covered in both this edition and the previous one registered progress in closing the gender gap by at least 1 percentage point; 57 countries have made marginal progress, having closed their gender gaps by less than 1 percentage point. Twelve countries have reversed their gender gaps by more than 1 percentage point, while 46 countries saw a marginal decline - by less than 1 percentage point. Vanuatu (score: 67%, +4.5 percentage points since the previous edition), Kenya (72.9%, +3.7 percentage points) and Saudi Arabia (63.6%, +3.3 percentage points) are 2022's most improved countries in closing their gender gap. Algeria (60.2%, -3 percentage points), Malawi (63.2%, -3.9 percentage points) and Benin (61.2%, -4.1 percentage points) have declined the most over the last year. Table 1.1 presents the 2022 Global Gender Gap rankings and the scores for all 146 countries included in this year's report. Although no country has yet achieved full gender parity, the top 10 economies have closed at least 80% of their gaps, with Iceland (90.8%) leading the ranking table. Iceland is the only economy to have closed more than 90% of its gender gap. Other Scandinavian countries such as Finland (86%, 2nd), Norway (84.5%, 3rd) and Sweden (82.2%, 5th) feature in the top 5, with additional European countries such as Ireland (80.4%) and Germany (80.1%) in the 9th and 10th positions, respectively. Sub...

New York - The latest Gender Social Norms Index (GSNI) report has revealed no improvement in biases against women in a decade, with almost 9 out of 10 men and women worldwide still holding such biases today. Half of people worldwide still believe men make better political leaders than women, and more than 40 percent believe men make better business executives than women. A staggering 25 percent of people believe it is justified for a man to beat his wife, according to the The report argues that these biases drive hurdles faced by women, manifested in a dismantling of women’s rights in many parts of the world with movements against gender equality gaining traction and, in some countries, a surge of human rights violations. Biases are also reflected in the severe underrepresentation of women in leadership. On average, the share of women as heads of state or heads of government has remained around 10 percent since 1995 and in the labour market women occupy less than a third of managerial positions. The report also sheds light on a broken link between women’s progress in education and economic empowerment. Women are more skilled and educated than ever before, yet even in the 59 countries where women are now more educated than men, the average gender income gap remains a staggering 39 percent in favour of men. “Social norms that impair women’s rights are also detrimental to society more broadly, dampening the expansion of human development. In fact, lack of progress on gender s...

About GII GII reflects gender-based disadvantage in three dimensions— reproductive health, empowerment and the labour market—for as many countries as data of reasonable quality allow. It shows the loss in potential human development due to inequality between female and male achievements in these dimensions. It ranges from 0, where women and men fare equally, to 1, where one gender fares as poorly as possible in all measured dimensions. GII values are computed using the association-sensitive inequality measure suggested by Seth (2009), which implies that the index is based on the general mean of general means of different orders—the first aggregation is by a geometric mean across dimensions; these means, calculated separately for women and men, are then aggregated using a harmonic mean across genders.

Characteristic Index score Iceland 0.91 Finland 0.86 Norway 0.85 New Zealand 0.84 Sweden 0.82 Namibia 0.81 Rwanda 0.81 Nicaragua 0.81 Lithuania 0.8 Ireland 0.8 Germany 0.8 Switzerland 0.8 Costa Rica 0.8 Spain 0.79 Belgium 0.79 France 0.79 Moldova 0.79 Albania 0.78 Philippines 0.78 Serbia 0.78 South Africa 0.78 United Kingdom 0.78 Austria 0.78 Burundi 0.78 Portugal 0.77 United States 0.77 Netherlands 0.77 Canada 0.77 Latvia 0.77 Barbados 0.77 Mexico 0.76 Denmark 0.76 Argentina 0.76 Belarus 0.75 Mozambique 0.75 Jamaica 0.75 Guyana 0.75 Peru 0.75 Panama 0.74 Slovenia 0.74 Ecuador 0.74 Australia 0.74 Luxembourg 0.74 Bulgaria 0.74 Cape Verde 0.74 Suriname 0.74 Madagascar 0.74 Chile 0.74 Zimbabwe 0.73 Singapore 0.73 Bolivia 0.73 Estonia 0.73 Laos 0.73 Montenegro 0.73 Georgia 0.73 Timor-Leste 0.73 Kenya 0.73 Eswatini 0.73 El Salvador 0.73 Israel 0.73 Uganda 0.72 Zambia 0.72 Italy 0.72 Tanzania 0.72 Kazakhstan 0.72 Botswana 0.72 Slovakia 0.72 United Arab Emirates 0.72 North Macedonia 0.72 Mongolia 0.72 Bangladesh 0.71 Uruguay 0.71 Bosnia and Herzegovina 0.71 Ethiopia 0.71 Colombia 0.71 Czech Republic 0.71 Poland 0.71 Liberia 0.71 Thailand 0.71 Paraguay 0.71 Ukraine 0.71 Honduras 0.71 Vietnam 0.71 Dominican Republic 0.7 Malta 0.7 Kyrgyzstan 0.7 Lesotho 0.7 Hungary 0.7 Armenia 0.7 Romania 0.7 Togo 0.7 Indonesia 0.7 Cyprus 0.7 Brazil 0.7 Belize 0.7 Nepal 0.69 Cameroon 0.69 Cambodia 0.69 South Korea 0.69 Greece 0.69 Azerbaijan 0.69 China 0.68 Malaysia 0.68 Brunei Darussalam 0.68 Mauri...