Iceland Ranks First on Gender Gap

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By Douglas A. McIntyre Published
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Men, particularly in the United States, have significant advantages over women, at least in terms of their earning power. The World Economic Forum’s researchers actually claim the situation is worse and put America well behind other nations in what it terms the “gender gap.” By its yardstick, Iceland is the nation where women are treated most fairly.

The World Economic Forum’s measure includes several things:

While no single measure can capture the complete situation, the Global Gender Gap Index presented in this Report seeks to measure one important aspect of gender equality: the relative gaps between women and men across four key areas: health, education, economy and politics.

The time period covers nine years. On a sliding scale, on which 1 is perfect equality, Norway ranks first with a score of 0.859. The United States ranks 20th at 0.746.

The entire top of the list is Scandinavian nations and their neighbors:

2 Finland 0.8453
3 Norway 0.8374
4 Sweden 0.8165
5 Denmark 0.8025
6 Nicaragua 0.7894

What does the report show? Among the most important things is that women are still well behind men economically:

The ninth edition of the report finds that, among the 142 countries measured, the gender gap is narrowest in terms of health and survival. This gap stands at 96% globally, with 35 countries having closed the gap entirely. This includes three countries that have closed the gap in the past 12 months. The educational attainment gap is the next narrowest, standing at 94% globally. Here, 25 countries have closed the gap entirely. While the gender gap for economic participation and opportunity lags stubbornly behind, the gap for political empowerment, the fourth pillar measured, remains wider still, standing at just 21%, although this area has seen the most improvement since 2006.

One might assume that without economic power, women will continue to fall far behind men in their general influence on society.

ALSO READ: The 10 Worst States for Women

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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