It is worth noting that there are 865 million women who have the potential to make significant contributions to the global economy.
However, cultural barriers and legal restrictions on working hours, sectors, and occupations prevent women from fully utilizing their skills and talents.
This limitation holds back many countries from achieving their full economic potential.
International Women's Day is a global day that celebrates women's cultural, social, and economic achievements. Every contribution counts.
This year, the United Nations is celebrating International Women's Day under the theme "Invest in Women: Accelerate progress".
The UN estimates that an additional $360 billion is required yearly to achieve gender equality.
If current trends persist, over 342 million women and girls could be living in extreme poverty by 2030.
Closing gender gaps in employment has the potential to increase GDP per capita by 20 percent.
Similarly, closing gaps in care and expanding services with decent jobs could lead to the creation of almost 300 million jobs by 2030.