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This article was first published 11 years ago

How women can boost world GDP

Last updated on: October 29, 2012 08:54 IST

Image: A woman takes part in the annual Columbus Day Parade up Fifth Avenue in New York.
Photographs: Mike Segar/Reuters

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

Click NEXT to see the impact on India...

How women can boost world GDP

Image: Shoppers exit a retail store inside a mall in Mumbai.
Photographs: Danish Siddiqui/Reuters

India

Increase in GDP by 2020: 27 per cent (if male-female employment rates match)

Global rank: 115

...

Tags: GDP

How women can boost world GDP

Image: A view of the Nile river flowing through the Egyptian capital Cairo.
Photographs: Aladin Abdel Naby/Reuters

Egypt

Increase in GDP by 2020: 33 per cent (if male-female employment rates match)

Global rank: 108

...

How women can boost world GDP

Image: Overview of Buenos Aires 9 de Julio Avenue.
Photographs: Enrique Marcarian/Reuters

Argentina

Increase in GDP by 2020: 12 per cent (if male-female employment rates match)

Global rank: 35

...

Tags: GDP

How women can boost world GDP

Image: Duomo cathedral in Milan.
Photographs: Stefano Rellandini/Reuters

Italy

Increase in GDP by 2020: 11 per cent (if male-female employment rates match)

Global rank: 33

...

Tags: GDP , Italy

How women can boost world GDP

Image: Juscelino Kubitschek bridge in Brasilia.
Photographs: Ricardo Moraes/Reuters

Brazil

Increase in GDP by 2020: 8 per cent (if male-female employment rates match)

Global rank: 46

...

Tags: GDP

How women can boost world GDP

Image: Japan's Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo.
Photographs: Kimimasa Mayama/Reuters

Japan

Increase in GDP by 2020: 8 per cent (if male-female employment rates match)

Global rank: 43

...

Tags: GDP , Japan

How women can boost world GDP

Image: Tourists stroll along Barcelona's harbour in Barcelona.
Photographs: Gustau Nacarino/Reuters

Spain

Increase in GDP by 2020: 6 per cent (if male-female employment rates match)

Global rank: 15

...

How women can boost world GDP

Image: Beijing's Central Business District.
Photographs: Jason Lee/Reuters

China

Increase in GDP by 2020: 5 per cent (if male-female employment rates match)

Global rank: 58

...

Tags: GDP , China

How women can boost world GDP

Image: Traffic on the road and the Thames passes the Houses of Parliament in London.
Photographs: Suzanne Plunkett/Reuters

The United Kingdom

Increase in GDP by 2020: 5 per cent (if male-female employment rates match)

Global rank: 13

...

How women can boost world GDP

Image: The Brooklyn Bridge and Manhattan Bridge is seen from the 90th storey of One World Trade Center in New York.
Photographs: Lucas Jackson/Reuters

The United States

Increase in GDP by 2020: 5 per cent (if male-female employment rates match)

Global rank: 30

...

How women can boost world GDP

Image: The Orsay Museum in Paris.
Photographs: Charles Platiau/Reuters

France

Increase in GDP by 2020: 3 per cent (if male-female employment rates match)

Global rank: 10

...

Tags: GDP

How women can boost world GDP

Image: People are reflected in a shop window as they walk in Potsdamer Street in Berlin.
Photographs: Thomas Peter/Reuters

Germany

Increase in GDP by 2020: 3 per cent (if male-female employment rates match)

Global rank: 8

...

Tags: GDP , Germany

How women can boost world GDP

Image: Pedestrians walk down the main shopping street in Stockholm's Gamla Stan or Old Town district.
Photographs: Bob Strong/Reuters

Sweden

Increase in GDP by 2020: 2 per cent (if male-female employment rates match)

Global rank: 3