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News » Solomon Islands tops countries with most working women

Solomon Islands tops countries with most working women

Photo from Central Bank of Solomon Islands

NEW YORK, UNITED STATES — Finance website Insider Monkey recently ranked ten countries with the highest percentage of women in the workforce, utilizing World Bank data.

Solomon Islands is the leading country with an 82.7% female workforce participation rate. Madagascar comes second with 82.6%.

Here are the 10 countries that made it to the list:

  1. Solomon Islands – 82.7% female labor force participation rate
  2. Madagascar – 82.6%
  3. Burundi – 78.8%
  4. Mozambique – 78.4%
  5. Tanzania – 77.1%
  6. Ethiopia – 74.8%
  7. Angola – 72.8%
  8. Liberia – 72.4%
  9. Kenya – 72.2%
  10. Moldova – 72.2% 

Despite incremental progress, women’s workforce participation continues to face systemic barriers globally, according to the Global Gender Gap Report 2023

While overall gender parity inched up from 63% to 64% over the past year, representation in senior leadership roles remains low at 32.2%.

The report spotlights companies like Intuit Inc. and Hilton Worldwide Holdings Inc. as champions of gender equality. 

Intuit aims to rectify gender biases in tax laws, offering financial support through credits that directly benefit women, especially single mothers and caregivers. Hilton was named the best workplace for women by Fortune in 2023, reflecting its commitment to an inclusive environment.

A key challenge highlighted is the “broken rung” phenomenon – the promotion gap at managerial levels where only 87 women ascend for every 100 men. This disparity is starker for women of color, signaling entrenched systemic hurdles.

A separate study by Russell Reynolds Associates revealed that the race towards global gender parity at the chief executive officer (CEO) level has slowed down, taking 81 years to achieve equality, an increase of seven years from 2022 projections.

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