Wealth accumulation inequities exist in Asia Pacific, with women expected to accumulate less wealth at the end of their working careers than men. This is known as the gender wealth gap.
The average Wealth Equity Index across Asia Pacific is 0.76. Given the diversity of cultures, support structures and wealth amongst markets in this region, it is unsurprising to see large variations in the gap. The indices range from 0.90 for South Korea, which was the highest globally, to India at 0.64.
Our findings are grouped into the following categories:
1 Amendments to the Act on Promotion of Women's Participation and Advancement in the Workplace (APWPAW) came into force with their publication on July 8, 2022
2 Act for Promotion of Women's Participation and Advancement in the Workplace (Ministry of Health, Labour and Welfare) – Japan
3 Workforce Singapore (WSG)
4 Workforce Singapore (WSG): Women’s Charter 1961
5 GFELC: The Gender Gap in Financial Literacy: A Global Perspective Report