08/03/2021 Want to Add $20 Trillion to GDP? Empower Women

Empower Women, Boost Growth

Ending gender inequality would help lift global GDP by 2050*

Source: Bloomberg Economics

Note: *National convergence assumes that 25-64 year old female labor-force participation and schooling will converge to that of male counterparts within each country by 2050. Graphic shows GDP relative to baseline of persistent inequality

Empowering women to participate fully in the modern economy would light a fire under global growth. Bloomberg Economics has estimated the boost to output if women’s education and employment levels converge with that of men in the same country. Achieving that ambitious goal could add about $20 trillion to world GDP in 2050 relative to a baseline scenario of persistent gender inequality.