The Philippines failed to improve in giving women equal economic opportunities, with the pandemic reinforcing gender inequalities, according to the World Bank.
In its “Women, Business and the Law 2021” report, the World Bank said the Philippines scored 78.8 out of 100 on the index, which analyzes laws and regulations affecting women’s economic opportunity in 190 economies across eight indicators – mobility, workplace, pay, marriage, entrepreneurship, parenthood, assets and pension.
This is lower than the 81.3 the Philippines scored the previous year.
Only 10 economies – Belgium, Canada, Denmark, France, Iceland, Ireland, Latvia, Luxembourg, Portugal, and Sweden – scored 100, which means women are on an equal legal standing with men across all areas measured.
Last year, the average global score was 76.1 out of 100, indicating the world has achieved some three-quarters of good practice legislation as measured by the indicators.