New data shows massive and wider-than-expected global gender gap in Women, Business, and the Law 2024 report

The World Bank Group’s Women, Business, and the Law 2024 report reveals alarming new data highlighting a massive and wider-than-expected global gender gap. This comprehensive study examines legal barriers that women face in the workplace around the world, uncovering persistent inequalities in economic opportunities and legal rights. Despite some progress, many countries still maintain restrictive laws that hinder women’s participation in business, entrepreneurship, and labor markets. The report emphasizes the critical need for governments to reform discriminatory laws to foster inclusive economic growth and empower women. By addressing these legal obstacles, nations can unlock the full potential of their female workforce, contributing to sustainable development and poverty reduction. This new data underscores that closing the gender gap requires urgent and coordinated policy action worldwide. The findings serve as a crucial call to action for policymakers, businesses, and advocates committed to advancing gender equality in law and labor.

World Bank Group