MasterCard Worldwide has released the findings of its
fifth MasterCard Worldwide Index of Women’s Advancement. This is the
fifth year that MasterCard has released this Index and key findings from
the Index include:
Australia, China, New Zealand,
Singapore and Thailand See Increase Overall Index Scores
- Australia saw the biggest rise (16.9
points) in its Index score, followed by Thailand (13.1),
New Zealand (10.5), Singapore (10.2) and China (8.9).
- Scores across markets in the region
differed widely, ranging from a low of 37.8 in India to
a high of 96.1 in Australia.
Australia had the highest Index score,
followed by Thailand (91.5) and New Zealand (90.5).
Singapore Boasts Highest Proportion of
Women to Men Perceiving Themselves in Managerial
Positions, with India at the End of the Other Spectrum
- Across Asia Pacific, the ratio of
women to men who saw themselves in a managerial role at
work rose from 51 women per 100 men to 57 women per 100
- Singapore had the highest ratio of
women to men who saw themselves in a managerial role (86
women per 100 men), followed by China (75) and Australia
- New Zealand showed the biggest
increase in the Index in this indicator, with 71 women
to every 100 men now believing they are in managerial
positions, compared to just 37 last year. On the other
hand, Taiwan (30) and Korea (20) saw the biggest drop in
the region, their scores decreasing by 27 points.
- India had the lowest score for this
indicator, with only 12 women to every 100 men believing
they were in managerial positions.
Largest Increase in Proportion of Women to Men
Perceiving Themselves to Be Earning Above Median Income
- Compared with 2008, Thailand (+40
points to 83), Australia (+33 points to 92) and
Singapore (+32 points to 98) saw the largest increase in
their scores for Above Median Income.
- Across Asia Pacific, the ratio of
women to men who saw themselves as earning above median
income work fell slightly from 57 women per 100 men to
53 women per 100 men.
- Singapore ranked the highest in Asia
Pacific for this indicator, with 98 women per 100 men
indicating that they earn above the median income,
followed by Australia (92) and Thailand (83).
- Markets which had the lowest ratio
of women to men who perceived themselves as earning
above median income were India (22 women per 100 men),
Korea (23) and Taiwan (31).
Confident than Men in 7 Markets in Asia Pacific
- In terms of consumer confidence
across Asia Pacific, women in seven of the 14 markets
surveyed were slightly more positive than men in terms
of their overall outlook for the next six months – Hong
Kong (41.3 for women vs. 40.9 for men), India (68.8 for
women vs. 61.3 for men), Japan (17.4 for women vs. 16.9
for men), Malaysia (38.9 for women vs. 33.7 for men),
Philippines (40.9 for women vs. 39.2 for men), Singapore
(63.3 for women vs. 61.6 for men) and Vietnam (90.8 for
women vs. 86.3 for men).
- Among the 5 indicators - Employment,
Economy, Regular Income, Stock Market and Quality of
Life -women in the following markets were more
confident than their male counterparts in terms of
outlook for the next six months.
from South and South-East Asia - India, Malaysia,
Singapore, Thailand and Vietnam - as well as Australia,
Hong Kong and Japan
Stock Market: Women mainly
from South and South-East Asia - Indonesia, India,
Philippines, Thailand and Vietnam. The only other market
outside of South and South-East Asia in which women
were more confident than men pertaining to Regular
Income was Taiwan.
Employment: Women from India,
Japan, Malaysia, Singapore, Taiwan and Vietnam.
Regular Income: Women from Hong Kong, India, Japan,
Korea, New Zealand, Philippines and Singapore
Quality of Life: This indicator had women from most of the markets showing more optimism compared to their male counterparts. Women from 10 of the 14 Asia Pacific markets reflected this - Australia, China,
Hong Kong, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore and Vietnam.
women (90.8) were the most positive in the region in
their outlook for the next six months, followed by
women from China (75.0), India (68.8) and Singapore
(63.3). Women from Japan (17.4) were the least positive
about their outlook for the next six months, although
they were marginally more optimistic compared to
their male counterparts (16.9).
More than 50% of
Females in 9 Markets See Themselves as the Major
Financial Decision Maker in Their Households
More than 50% of the women surveyed in nine of the 14
Asia Pacific markets saw themselves as the one who
makes most of the major financial decisions for the
- Topping the list was Thailand (77.8% of
the women surveyed), followed by Korea (74.4%), China
(73.2%), Vietnam (68.8%), Indonesia (59.6%), the
Philippines(57.6%), Japan (54.4%), Taiwan (54.2) and
New Zealand (50.5%).
- Across Asia Pacific, 76.9%
of the women who considered themselves as household
decision makers were working, with 47.6% of them
perceiving themselves as being in a managerial
position. The majority of these women were aged between
31 and 45.
The MasterCard Worldwide
Index of Women’s Advancement measures the socioeconomic
level of women in relation to men using four key
- Two of the indicators are based on
source data from national statistics bureaus and show
the ratio of female to male participation in the labor
force and tertiary education.
- Two of the
indicators are based on survey data and measure the
ratio of female to male respondent perceptions of
whether they hold managerial positions at work and
earn above median income. These subjective factors are a
gauge of how empowered and valuable respondents feel
The resulting Index figure calculated from
these indicators shows how close or how far women in
each market are achieving socioeconomic parity with men.
A score under 100 indicates gender inequality in
favor of males while a score above 100 indicates
inequality in favor of females. A score of 100
indicates equality between the sexes. The Index and its
accompanying reports do not represent MasterCard
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