Analysis of lifetime earnings across 141 countries suggests failure to reward women and men equally generates huge global loss

Gender equality would enrich the global economy by an estimated $160tn (£120tn) if women were earning as much as men in the workplace, a study by the World Bank has found.

Equal pay, equal hours and equal participation in the workforce could lead to a global wealth jump of $23,620 a person, as well as creating knock-on benefits such as lower malnutrition and child mortality rates, said the report.

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Read More Gender pay gap costs global economy 0tn, says World Bank study

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