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How women can boost world GDP
Nearly one billion women around the world could enter the global economy during the coming decade. They are poised to play a significant role in countries around the world.
According to a report by Booz & Company, a consultancy, if female employment rates matched those of men, GDP would increase by five per cent in America and nine per cent in Japan by 2020, says The Economist.
The impact would be even larger for developing countries, home to most of the world's women who lack adequate education and support (social and political), it says.
Let's take a look at some selected countries, including India, and see what the impact would be on GDP if female employment rates matched those of men.
Source: The Economist
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How women can boost world GDP
India
Increase in GDP by 2020: 27 per cent (if male-female employment rates match)
Global rank: 115
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How women can boost world GDP
Egypt
Increase in GDP by 2020: 33 per cent (if male-female employment rates match)
Global rank: 108
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How women can boost world GDP
Argentina
Increase in GDP by 2020: 12 per cent (if male-female employment rates match)
Global rank: 35
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How women can boost world GDP
Italy
Increase in GDP by 2020: 11 per cent (if male-female employment rates match)
Global rank: 33
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How women can boost world GDP
Brazil
Increase in GDP by 2020: 8 per cent (if male-female employment rates match)
Global rank: 46
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How women can boost world GDP
Japan
Increase in GDP by 2020: 8 per cent (if male-female employment rates match)
Global rank: 43
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How women can boost world GDP
Spain
Increase in GDP by 2020: 6 per cent (if male-female employment rates match)
Global rank: 15
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How women can boost world GDP
China
Increase in GDP by 2020: 5 per cent (if male-female employment rates match)
Global rank: 58
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How women can boost world GDP
The United Kingdom
Increase in GDP by 2020: 5 per cent (if male-female employment rates match)
Global rank: 13
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How women can boost world GDP
The United States
Increase in GDP by 2020: 5 per cent (if male-female employment rates match)
Global rank: 30
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How women can boost world GDP
France
Increase in GDP by 2020: 3 per cent (if male-female employment rates match)
Global rank: 10
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How women can boost world GDP
Germany
Increase in GDP by 2020: 3 per cent (if male-female employment rates match)
Global rank: 8
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How women can boost world GDP
Sweden
Increase in GDP by 2020: 2 per cent (if male-female employment rates match)
Global rank: 3