The WEF predicted it would take 99.5 years for women to be on an equal footing with men, despite women taking high-profile leadership roles at the European Central Bank and the World Bank, and at the head of several countries including Finland, Germany and New Zealand.
Progress in the political sphere remained slow, the WEF said, with women still holding only 21% of ministerial positions worldwide. But it hoped the “role model effect” would encourage faster change.
The organisation said the economic gender gap had grown compared to last year, partly because women are under-represented in almost all of the fastest-growing job sectors, such as cloud computing and AI. Women are more likely to be displaced by automation, it added.