Middle East and North Africa have a big gender pay gap to close

The gender pay gap around the world remains wide. Unfortunately, the Middle East and North Africa has one of the widest gaps. With an average population-weighted score of 63.4%, Middle East and North Africa has the second-largest gender gap yet to close, after South Asia, according to the World Economic Forum (WEF). "The region's progress remains similar to the last edition, which gives Middle East and North Africa a timeframe to close the gap of 115 year," the report says.

Here is some findings from the WEF report of July 14 report.

"Progress towards closing the gender gap has stalled in most countries. Only 30 of the 145 economies covered in both this edition and the previous one registered progress in closing the gender gap by at least 1 percentage point; 57 countries have made marginal progress, having closed their gender gaps by less than 1 percentage point. Twelve countries have reversed their gender gaps by more than 1 percentage point, while 46 countries saw a marginal decline – by less than 1 percentage point. Vanuatu (score: 67%, +4.5 percentage points since the previous edition), Kenya (72.9%, +3.7 percentage points) and Saudi Arabia (63.6%, +3.3 percentage points) are 2022's most improved countries in closing their gender gap. Algeria (60.2%, -3 percentage points), Malawi (63.2%, -3.9 percentage points) and Benin (61.2%, -4.1 percentage points) have declined the most over the last year.

"Although no country has yet achieved full gender parity, the top 10 economies have closed at least 80% of their gaps, with Iceland (90.8%) leading the ranking table. Iceland is the only economy to have closed more than 90% of its gender gap. Other Scandinavian countries such as Finland (86%, 2nd), Norway (84.5%, 3rd) and Sweden (82.2%, 5th) feature in the top 5, with additional European countries such as Ireland (80.4%) and Germany (80.1%) in the 9th and 10th positions, respectively. Sub-Saharan African countries Rwanda (81.1%, 6th) and Namibia (80.7%, 8th), along with one Latin American country, Nicaragua (81%, 7th), and one East Asian and Pacific country, New Zealand (84.1%, 4th), also take positions in the top 10. Nicaragua and Germany are the new entrants in the top 10, while Lithuania (79.9%,11th) and Switzerland (79.5%, 13th) drop out of the top 10 in 2022."

How the Ukrainian crisis has affected inflation ra...
How the Egyptian economy is diversifying


No comments made yet. Be the first to submit a comment
Sunday, 25 September 2022