Women’s Earnings Will Catch Up to Men’s (Got a Century?)

Photo (cc) by Jair Alcon Photography

When it comes to equality between men and women, a new report from the World Economic Forum has good news and bad. The global gender gap is getting smaller, it actually decreased by 4 percent in the last decade. But if we continue at that pace, it will take 118 more years to close the gap.

In other words, women’s earnings may finally catch up to men’s in 2133. Wow.

The WEF measures each country’s gender gap by looking at whether men and women have the same rights and opportunities in health, education, economic opportunity and politics. Based on that information, the WEF says these countries are the most gender-equal in the world:

  1. Iceland
  2. Norway
  3. Finland
  4. Sweden
  5. Ireland
  6. Rwanda
  7. Philippines
  8. Switzerland
  9. Slovenia
  10. New Zealand

Iceland has secured the top spot on the most equal country list for seven years in a row. Overall, Nordic countries are doing the best at achieving gender parity.

“They have the best policies in the world for families,” the report’s lead author, Saadia Zahidi, told the BBC. “Their child care systems are the best, and they have the best laws on paternity, maternity and family leave.”

Meanwhile,Yemen ranked last (145th place) on gender equality. Just 55 percent of its women are able to read, a mere 6 percent of women attend college and there are no women representatives in the country’s equivalent of Congress.

The United States is notably absent from the top 10 list of most equal countries. In fact, you won’t find it in the top 20 either. According to the WEF, the gender gap in the United States has grown over the last year.

“The United States loses eight places since 2014, due to slightly less perceived wage equality for similar work and changes in ministerial level positions,” said the WEF.

Interestingly, the report found that a reverse gender gap has emerged in higher education. More women attend universities than men in 98 countries. But women are still struggling to reach top leadership positions in politics, business and public service.

“Companies and governments need to implement new policies to prevent this continued loss of talent and instead leverage it for boosting growth and competitiveness,” Zahidi said in a statement.

Check out “10 Jobs With the Biggest Pay Gap Between Men and Women.”

What do you think of the U.S. ranking in the new WEF gender gap report? Share your comments below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
33 Home Upgrades That Cost Less Than $100
33 Home Upgrades That Cost Less Than $100

A little money goes a long way with these imaginative projects. You can do most of them yourself.

21 Purchases You Should Never Skimp On
21 Purchases You Should Never Skimp On

With some items, it makes sense to pay a little more rather than hopping on the lowest price.

Beware These 5 Common Work-From-Home Scams
Beware These 5 Common Work-From-Home Scams

You can spot scammers and con artists with a little know-how.

7 Hidden Sections of Amazon Every Shopper Should Know
7 Hidden Sections of Amazon Every Shopper Should Know

These little-known departments of Amazon are gold mines for deal-seekers and impulse shoppers alike.

7 Gadgets Under $60 That Can Boost Your Health
7 Gadgets Under $60 That Can Boost Your Health

These Amazon finds can help ease foot aches, boost energy and even protect your heart.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
10 Things Frugal People Never Buy
10 Things Frugal People Never Buy

If you’re a true tightwad, the mere thought of spending money on these items gives you the willies.

10 Useless Purchases You Need to Stop Making
10 Useless Purchases You Need to Stop Making

You might as well flush your money down the loo if you spend it on these things.

The 16 Cars Most Likely to Last 200,000 Miles
The 16 Cars Most Likely to Last 200,000 Miles

One automaker takes half the spots on a list of the longest-lasting vehicles.

7 Social Security Rules Everyone Should Know by Now
7 Social Security Rules Everyone Should Know by Now

Confusion over Social Security is a shame, considering how many of us will need this money badly.

Will Stimulus Checks Increase Your Social Security Taxes?
Will Stimulus Checks Increase Your Social Security Taxes?

Could all those “free” checks prove costly down the road?

9 Shopping Mistakes to Avoid at Costco
9 Shopping Mistakes to Avoid at Costco

Are you missing out on serious savings at your favorite warehouse club?

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

They don’t make coffee makers like this anymore.

11 Products Now in Short Supply Due to the Pandemic
11 Products Now in Short Supply Due to the Pandemic

Many goods we take for granted have become tough to find in 2021.

7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

14 Things You Should Stop Buying in 2021
14 Things You Should Stop Buying in 2021

These convenient household products come with hidden costs that you might not have considered.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

Is Writing a Check Still Safe?
Is Writing a Check Still Safe?

Every time you pay by check, you hand your bank account numbers to a stranger.

6 Ways to Protect Your Retirement Accounts From Hackers
6 Ways to Protect Your Retirement Accounts From Hackers

Imagine having $245,000 stolen from your retirement account — and not being reimbursed.

8 Things You Should Replace to Improve Your Life Today
8 Things You Should Replace to Improve Your Life Today

Being frugal isn’t smart if you put off replacing these items.

This Is the Most Dependable Car Brand in the U.S.
This Is the Most Dependable Car Brand in the U.S.

This brand’s vehicles are least likely to give drivers repair headaches, according to J.D. Power.

13 Amazon Purchases We Are Loving Right Now
13 Amazon Purchases We Are Loving Right Now

These practical products make everyday life a little easier.

9 Deep Discounts Available on Amazon This Friday
9 Deep Discounts Available on Amazon This Friday

These items are all steeply discounted — but the deals won’t last long.

7 Social Security Benefits You May Be Overlooking
7 Social Security Benefits You May Be Overlooking

There’s more to Social Security than retirement benefits.

7 Income Tax Breaks That Retirees Often Overlook
7 Income Tax Breaks That Retirees Often Overlook

Did you realize all these tax credits and deductions exist — or that they apply to retirees?

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.