Why does the gender wage gap still exist?
02:53 - Source: CNN Business
Hong Kong CNN Business  — 

Most of us won’t live to see gender equality achieved worldwide, according to a new study, which predicts the milestone is almost 100 years away.

The World Economic Forum’s annual Global Gender Gap Report ranked Iceland as the most gender-equal country for the 11th consecutive year, followed by its Nordic neighbors, Norway, Finland, and Sweden.

Syria, Pakistan, Iraq, and Yemen ranked lowest.

The report analyzed 153 countries in their progress toward gender parity, focusing on four main themes: economic participation, educational attainment, health and survival, and political empowerment.

“This year’s report highlights the growing urgency for action,” the report said. “At the present rate of change, it will take nearly a century to achieve parity, a timeline we simply cannot accept in today’s globalized world, especially among younger generations who hold increasingly progressive views of gender equality.”

Some of the four themes show progress; for instance, 35 countries have already achieved gender equality in educational attainment, and all countries are expected to achieve it within 12 years – progress that is largely due to recent advancements in developing countries, the report said.

Women’s health and survival is also improving, with 48 countries surveyed having achieved near-full equality.

Some other areas will take much longer, however. Women’s economic participation and opportunity regressed this year – “only a handful of countries” are even approaching equality, and the world will need 257 more years to achieve it fully. On average, just over half of all adult women are in the labor market, compared to 78% of men, said the report’s authors.

The gender gap in political representation is also lagging – no country has fully closed this gap, and globally, it will take an estimated 95 years to reach equality.

Calculating the four areas together, across countries with a wide range of attitudes toward gender equality, the report forecasts it will take 99.5 years to achieve full gender equality everywhere.

Low gender equality in Asia

The rankings reflect greater regional trends; Western Europe has the smallest gender gap, followed by North America, Latin America and the Caribbean, Eastern Europe, and Central Asia. The regions that performed more poorly are Asia-Pacific, the Middle East, and Africa.

A country’s rate of development did not necessarily equate to a high ranking for gender equality, especially in East Asia, where Japan ranked 144 out of the 153 countries, with South Korea at 127, and China 106th.

Although these countries score highly in areas like educational attainment – reflected in strong cultural emphasis on performance at school – they often have low scores in other areas of equality, like political and economic empowerment.