Economic Benefits of Gender Equality in the European Union: Overall economic impacts of gender equality
Improving gender equality has many positive impacts on individuals and also on society at large. A more gender‑equal EU would have strong, positive GDP impacts growing over time, a higher level of employment and productivity and could respond to challenges related to the ageing population in the EU.
A study from the European Institute for Gender Equality (EIGE) on the ‘economic benefits of gender equality’ puts forth robust new evidence, showing the positive impacts of reducing gender inequalities in STEM (science, technology, engineering and mathematics) education, labour market activity and wages. It also shows that addressing different aspects of gender inequality together as a whole is likely to have more positive impacts than tackling each aspect of gender inequality one by one, as gender equality in one domain has spillover effects into other domains.