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Nearly one billion women around the world could enter the global economy during the coming decade. They are poised to play a significant role in countries around the world.
According to a report by Booz & Company, a consultancy, if female employment rates matched those of men, GDP would increase by five per cent in America and nine per cent in Japan by 2020, says The Economist.
The impact would be even larger for developing countries, home to most of the world's women who lack adequate education and support (social and political), it says.
Let's take a look at some selected countries, including India, and see what the impact would be on GDP if female employment rates matched those of men.
Source: The Economist
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India
Increase in GDP by 2020: 27 per cent (if male-female employment rates match)
Global rank: 115
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Egypt
Increase in GDP by 2020: 33 per cent (if male-female employment rates match)
Global rank: 108
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Argentina
Increase in GDP by 2020: 12 per cent (if male-female employment rates match)
Global rank: 35
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Italy
Increase in GDP by 2020: 11 per cent (if male-female employment rates match)
Global rank: 33
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Brazil
Increase in GDP by 2020: 8 per cent (if male-female employment rates match)
Global rank: 46
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Japan
Increase in GDP by 2020: 8 per cent (if male-female employment rates match)
Global rank: 43
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Spain
Increase in GDP by 2020: 6 per cent (if male-female employment rates match)
Global rank: 15
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China
Increase in GDP by 2020: 5 per cent (if male-female employment rates match)
Global rank: 58
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The United Kingdom
Increase in GDP by 2020: 5 per cent (if male-female employment rates match)
Global rank: 13
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The United States
Increase in GDP by 2020: 5 per cent (if male-female employment rates match)
Global rank: 30
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France
Increase in GDP by 2020: 3 per cent (if male-female employment rates match)
Global rank: 10
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Germany
Increase in GDP by 2020: 3 per cent (if male-female employment rates match)
Global rank: 8
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Sweden
Increase in GDP by 2020: 2 per cent (if male-female employment rates match)
Global rank: 3