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However the progress has reversed since then, having peaked in 2013.
Away from economics, the education gender gap has closed 1% over the past year to over 95%, making it one of the two areas where most progress has been made to date.
However, improvements are starting from a low base: only two countries have reached parity in parliament and only four have reached parity on ministerial roles, according to the latest globally comparable data.
The slow rate of progress towards gender parity, especially in the economic realm, poses a particular risk given the fact that many jobs that employ a majority of women are likely to be hit proportionately hardest by the coming age of technological disruption known as the Fourth Industrial Revolution.
At the current rate, it could expect to close its economic gender gap within 47 years.
After Europe and North America, the region with the third narrowest gender gap is Latin America and the Caribbean.
Another persistent challenge is stagnant labour force participation, with the global average for women standing at 54%, compared to 81% for men.The Russian Federation (75) is next, followed by Brazil (79).India (87) gains 21 spots and overtakes China (99) with improvements across Economic Participation and Opportunity and Educational Attainment.Slovenia is one of the top 10 climbers in the world since 2006.Like Latin America and the Caribbean, the region has also closed 70% of its overall gender gap; however, it is not expected at today’s rate to have closed its economic gender gap for another 93 years.