5 Best Countries for Women in Terms of Economic Opportunity

In this article, we take a look at the 5 best countries for women in terms of economic opportunity. If you want to check out our detailed analysis of the recent trends in female entrepreneurship and employment and read about the major companies creating economic opportunities for women, go directly to 25 Best Countries for Women in Terms of Economic Opportunity.

5. Singapore

Economic Opportunity for Women score: 0.77

GDP per capita (in thousands): $87.88

Insider Monkey score:  68.02

Singapore has improved its global ranking for gender parity in economic participation and opportunity by 5 positions in 2023. According to the World Economic Forum’s report, Singapore now ranks 6th in the world for wage equality between men and women.

4. Switzerland

Economic Opportunity for Women score: 0.70

GDP per capita (in thousands): $102.87

Insider Monkey score:  72.01

Switzerland has 70% gender parity in economic participation and opportunity and has closed its gender gap in labor force participation by 85.6%. It also has a low gender disparity rate of 3.4% in professional and technical workers.

3. Norway

Economic Opportunity for Women score: 0.80

GDP per capita (in thousands): $99.27

Insider Monkey score:  79.42

Norway has a high rate of parity between men’s and women’s participation in the labor force and estimated earned incomes. In order to create more economic opportunities for women, the Norwegian government has sanctioned all large and medium-sized businesses to have at least 40% women on their board of directors by 2028.

2. Ireland

Economic Opportunity for Women score: 0.73

GDP per capita (in thousands): $112.25

Insider Monkey score:  82.17

Ireland ranks 8th in Europe and 11th in the world for its efforts to minimize gender inequality. In order to improve economic participation and opportunity for women in the private sector, the government of Ireland now requires companies with more than 250 employees to reveal their data regarding the gender pay gap.

1. Luxembourg

Economic Opportunity for Women score: 0.71

GDP per capita (in thousands): $135.61

Insider Monkey score:  96.28

Luxembourg is the 7th most gender-equal country in the European Union and also the best country in the world for women in terms of economic participation and opportunity. The Government of Luxembourg, along with the European Investment Bank, has launched a Women in Finance Charter to ensure greater representation of women in the financial sector, which is one of the most successful sectors in the country.

You can also take a look at 20 States With the Smallest Gender Pay Gap in 2023 and 15 Cheapest Countries To Live in Central and South America.

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