Breaking the Glass Ceiling: IMF Survey Sheds Light on Gender Inequality in Central Banks

A recent IMF survey shows that less than half of workers in advanced economy central banks are women, and they are mostly in administrative and HR roles.

The survey covers diversity policies, employment practices, earnings, leave and work arrangements, and childcare and other benefits.

The Human Resources Gender Index (HRGI) was created to measure gender equality using scores ranging from 0 to 1

Central banks score highly on diversity policies but lag in the type of employment offered and pay, which limits women's career progression. - Only 27% of women make the top 20% of annual earnings.

The survey will be extended to more central banks in both advanced and developing economies to improve gender equality and diversity.

Article on May 11, 2023 - Read the full report on the World Economic Forum