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Economics

Growing Economies Through Gender Parity

Closing the gender gap in the workforce could add a staggering $28 trillion to the global GDP.

Growing Economies Through Gender Parity

By experts and staff

Published
  • Jamille Bigio
    Senior Fellow for Women and Foreign Policy
  • Rachel B. Vogelstein
    Douglas Dillon Senior Fellow and Director of the Women and Foreign Policy Program
  • Alexandra Bro
    Research Associate, Women and Foreign Policy

Both advanced and developing countries stand to gain if women participate in the labor force at the same rate as men, work the same number of hours as men, and are employed at the same levels as men across sectors. Even without full parity, countries can grow the global gross domestic product (GDP) by $12 trillion by matching the rate of progress toward parity of their region’s fastest-improving country. See the methodology for more on the factors that influence how much a country gains.