Gender equality has strong, positive impacts on Gross Domestic Product (GDP) per capita which grow over time.

By 2050, improving gender equality would lead to an increase in European Uunion (GDP) per capita by 6.1 to 9.6%, which amounts to €1.95 to €3.15 trillion.

Compared with labour market and education policies, gender equality policies have a strong impact on GDP. For example, a recent study showed that improvements in educational attainment across EU Member States would lead to a 2.2% increase in EU GDP in 2050.

 

The estimated GDP impacts of increased gender equality vary considerably across Member States, depending on the present level of achievement of gender equality.

Countries with more room to improve gender equality have much to gain. On average, improved gender equality in these countries is expected to lead to an increase in GDP of about 12% by 2050.

The best performing countries in the area of gender equality have already achieved good levels of gender equality and therefore already enjoy some of the associated economic benefits. However, further improvements in gender equality can generate additional economic gains even in these Member States, often reaching around 4% of GDP.

Overall, improved gender equality could boost the long-term competitiveness of the EU economy.

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