$28 Trillion added value by 2025
Updated: Jul 21, 2021
⚡️ McKinseyGlobalInstitute report finds that $28 trillion could be added to global GDP by 2025 by advancing women’s equality.
🤝 The public, private, and social sectors need to collaborate to close gender gaps in work and society.
💰 Gender inequality is a critical economic challenge. If women—who account for half the world’s working-age population—do not achieve their full economic potential, the global economy will suffer.
🌏 The report highlights that if countries match the rate of improvement in the fastest-improving country in their region - a so-called “best in region” scenario could add as much as $12 trillion, or 11 percent, in annual 2025 GDP. In a “full potential” scenario in which women play an identical role in labor markets to that of men, as much as $28 trillion.
"We cannot succeed if half of us are held back" - Malala Yousafzai