The Latest 2021 Gender Pay Gap Statistics
January 29, 2021
by Krista Bradford

Gender Pay Gap Stats in Developed Nations

 

Newsflash: there’s a gender pay gap. Women make less than men in the developed world.

(Okay, okay. We know this already. This is just my clumsy attempt at wry humor in face of the latest reminder that we female types have a-ways to go to achieve parity . . . )

 

Latest Gender Pay Gap Statistics

The latest data on the disparity between pay for men and women come from the Organization for Economic Cooperation and Development. The gender wage gap is defined as the difference between the median earnings of men and women relative to the median earnings of men. The chart above shows the percentage difference between what men and women make.   

Gender Gap is Significant

In an article entitled “How Pronounced Is The Gender Pay Gap In Developed Nations?”, Forbes contributor and data journalist Niall McCarthy writes:

There is still a considerable disparity in what men and women earn across the developed world. Research by the OECD has shown just how pronounced the gender pay gap really is.

The gender wage gap is defined as the difference between median earnings of men and women relative to median earnings of men. This chart shows the percentage difference between the earnings and wages for men and women. The OECD average is 12.9%. Both Canada and the United States have a higher difference at 17.6% and 18.5% respectively.

The Worst and the Best

You’ll note South Korea tops the list, discounting the equal work of women by some 32.5%. Our friends in Columbia are doing something right. They have the teensiest gap of just 4%. Kind of like sales tax, only its tax on our femaleness, apparently.

(Wouldn’t it be great if we could deduct the gender tax come tax time?)

What Would You Do to Fix the Gap?

I share these things to invite your comments as we — men and women alike — collectively puzzle over ways to make things better.

To read more about women in the workplace, check out our post on The Cost of Devaluing Women Executives or how Google Shows Men Ads for Better Jobs.

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