Moody’s Talks – The Big Picture cover image

Closing the gender gap would add trillions of dollars to global GDP

Moody’s Talks – The Big Picture

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The Economic Impact of Increased Women's Participation in the Labor Force

Closing the gender gaps within the OECD has the potential to add about 6.2% to global economic output, according to a new study. But on average, I would say that female labor force participation tends to be higher in advanced economies and especially among men. And for example, if we only look at the European Union, we have some countries where we have around 50%, 55% of female labor force Participation.

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