According to a new World Economic Forum report, the world has closed 68.8% of the global gender gap. This is the best figure in recent years and the fastest narrowing since the pandemic. The study covered 148 countries, making it the largest in the world.
Iceland once again topped the rankings for equality, holding the number-one position for the sixteenth year in a row. It is followed by Finland, Norway, the United Kingdom and New Zealand. These countries demonstrate successful practices in promoting women to leadership roles and supporting work-life balance.
Women make up more than 41% of the global workforce, but hold only 28.8% of leadership positions. At the current pace, experts predict that it will take another 123 years for the world to fully close the gender gap. Even so, research already shows that equal opportunities allow societies to use their full human potential: governments make more balanced decisions, businesses gain innovation and profit, and science gets more ideas and discoveries. This makes economies and social institutions more efficient and resilient.
