World Economic Forum (WEF) released ‘Global Gender Gap Report 2024’ | Current Affairs | Vision IAS

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The report is based on the Global Gender Gap Index (GGGI) which annually benchmarks the current state and evolution of gender parity based on 14 indicators across four key dimensions.

A bar chart showing the percentage of the gender gap closed to date in 2024 across various indices. The Global Gender Gap Index is 68.5%, Economic Participation and Opportunity is 60.5%, Educational Attainment is 94.9%, Health and Survival is 96.0%, and Political Empowerment is 22.5%.

Key findings

  • Global 
    • Among 146 countries, Iceland, Finland, Norway, New Zealand, and Sweden are the top five countries.
    • The share of women in parliamentary positions has shown an almost uninterrupted positive trajectory since 2006.
    • At the current rate of progress, it will take 134 years to reach full parity. 
    • Women constitute 28.2% of the STEM workforce and 47.3% of the non-STEM workforce.
  • India 
    • Overall, India was ranked 129th (ranked 127 in 2023), and 5th in South Asia after Bangladesh, Nepal, Sri Lanka and Bhutan.
    • Saw small declines in Educational Attainment and Political Empowerment while Economic Participation and Opportunity slightly improved.
    • Shares of women are high in primary, secondary and tertiary education enrolments. 

Recommendation

  • Achieving gender parity by 2030 would require a collective investment of $360 billion per year. 
  • Targeted interventions and ensuring equitable access to emerging technological competencies are needed.
  • Businesses need to have effective diversity, equity and inclusion policies and upskilling. 

NOTE: Gender Inequality Index (GII), released by UNDP, is also a composite metric of gender inequality based on three dimensions: reproductive health, empowerment and the labour market.

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