Global Risk Report, 2024
- The Global Risks Report, developed by WEF in collaboration with Marsh McLennan and Zurich Insurance Group.
- It explores some of the most severe risks we may face over the next decade, against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict.
- As cooperation comes under pressure, weakened economies and societies may only require the smallest shock to edge past the tipping point of resilience.
- The global gender gap has closed 68.5% in 2024, a slight increase from 68.4% in 2023, indicating a slow pace of change that will take 134 years to achieve full parity, according to the World Economic Forum (WEF).
- Iceland retains the top position, having closed 93.5% of its gender gap, while India has slipped to 129th out of 146 countries, closing 64.1% of its gender gap. This decline is due to small decreases in education and political empowerment.
- India’s labour force participation rate for women is 45.9%, and measures are needed to ensure girls stay in higher education, acquire job skills, have safe workplaces, and retain jobs post-marriage.
- The literacy gap between men and women is 17.2 percentage points, ranking India 124th in this area.
- Although there has been a slight improvement in economic participation, women’s representation in Parliament has decreased, with only 74 women MPs out of 543, or 13.6%.
- The Women’s Reservation Bill, 2023, which aims to reserve one-third of seats in the Lok Sabha and State Legislative Assemblies for women, has yet to take effect.
Dig Deeper: Read about the four reference points used in calculating the Global Gender Gap Report.
