At the current rate, gender parity in Spain is 39 years away.
In the fourth edition of this report, we see how the index has evolved to 64.9%, with 35.1% of the gender gap still to be closed. At the current rate, it is estimated that Spain will achieve full parity by 2063. In terms of economic impact, the indicator shows that the cost of inequality between women and men will be 213,013 million euros, or 15.8% of GDP in 2022.
Gaps in Work-Life Balance and Employment are improving. Gaps widen in Education, Digitalisation and Health and Well-Being.
The IV ClosinGap Index shows notable progress in the Work-Life Balance indicator, which is back to pre-pandemic levels. In the area of employment, women’s employment and activity rates have improved, as have pay and pension gaps.
However, the gap in Health and Well-Being has narrowed slightly, mainly due to the higher incidence of mental health problems among women. In education, the Index reflects the need to continue to encourage female talent in STEM careers, which in turn will help to increase the presence of women in managerial positions in ICT professions.
“The IV ClosinGap Index shows significant progress in some areas, but also some stagnation and setbacks in other indicators that are closely linked to increased productivity and economic prosperity. The reality is clear: we must continue to combine efforts from the public and private sectors to close the gender gap, and do so as soon as possible to contribute to national growth”.
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