INTERNATIONAL BUSINESS TIMES uk NOTICEBOARD My account Log Out Jun 30, 12:55 AM BST Business Latest News UK News Personal Finance Tech and Science Work Life Women in Business Travel Real Estate Reviews NOTICEBOARD My account Log Out UK Edition Business Latest News UK News Personal Finance Tech and Science - Science - Cybersecurity - eSports - Artificial Intelligence Work Life - Retail - Hospitality - Healthcare - Motoring - Finance & Banking - Sports Betting Women in Business Travel Real Estate Reviews Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States NOTICEBOARD Follow Us Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Women in Business Unlocking $12 Trillion: How Empowering Women Entrepreneurs Can Transform the Global Economy By 2025 Just 30% of women own businesses in Europe By Danielle Summer @DanielleSummerr Published 06/29/24 AT 5:50 PM BST Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket (Photo by Yan Krukau/ Pexels) Currently, only about 30 per cent of businesses in Europe are owned by women, and the World Economic Forum's 2020 Global Gender Gap Report estimates that it will take nearly 95 years to close the gender gap globally. According to a McKinsey Global Institute report , increasing women's equality could boost the global economy by $12 trillion (£9.5 trillion) by 2025.
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