• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Education

Girls school dropout costs sub-Saharan Africa $210 billion in GDP annually- Report 

Rosalia Ozibo by Rosalia Ozibo
September 23, 2024
in Education, Sectors
Girls school dropout costs sub-Saharan Africa $210 billion in GDP annually- Report 
Share on FacebookShare on TwitterShare on Linkedin

The United Nations has revealed that the high rate of girls dropping out of school in sub-Saharan Africa is leading to a staggering economic loss of approximately $210 billion annually.

The report, titled “Progress on the Sustainable Development Goals – The Gender Snapshot 2024,” highlights the severe economic impact of gender inequality in education across the region, where girls remain significantly disadvantaged compared to boys.

“In sub-Saharan Africa, where girls are at a significant disadvantage compared to boys, the annual cost of girls leaving school early is $210 billion, more than 10 per cent of the region’s combined GDP.”, The report said.

RelatedStories

Nigeria secures World Bank’s approval for $2.25 billion loan to boost reforms 

World Bank projects Nigeria’s current account surplus to reach 9.4% of GDP by 2026 

April 25, 2025
Hannatu Musawa

Nigeria in final stages for cultural policy update after 37-year delay 

March 22, 2025

The economic drain is equivalent to more than 10% of the combined GDP of sub-Saharan African countries, illustrating the immense cost of lost potential, as girls who are denied education are unable to fully contribute to the region’s economic growth.

Basic skills deficit 

The United Nations Educational, Scientific and Cultural Organization (UNESCO) estimates that by 2030, the global annual social costs of the basic skills deficit will surpass $10 trillion, a figure exceeding the combined GDP of France and Japan.

According to the report, “If the number of children dropping out of school early and those with less than basic skills each fell by just 1 percentage point, annual global labour income could increase by $470 billion and over $650 billion, respectively.” This highlights the staggering economic opportunities being missed due to the education gap.

Despite some progress in global education, with 5.4 million more girls attending school since 2015, the situation remains dire for many. A staggering 119.3 million girls worldwide are still out of school, highlighting the slow pace of progress. A significant number of these girls are in sub-Saharan Africa, where education access is hindered by systemic poverty, gender inequality, and limited resources, compounding the region’s economic losses.

Moreover, 39% of young women globally fail to complete upper-secondary education, further limiting their opportunities to fully participate in the workforce and contribute to economic growth.

Economic impact 

The economic consequences of this educational gap are profound. Globally, when girls are denied the opportunity to complete their education, it restricts their ability to secure skilled employment, reduces their lifetime earnings, and stifles economic development on a national and regional scale.

To combat these losses, the report calls for proven gender-responsive policies, including lowering schooling costs, providing cash transfers to support girls’ education, creating safe environments for girls, and addressing gender-based violence. Other recommendations include implementing comprehensive sexuality education, ensuring a diverse and gender-balanced teaching workforce, and raising awareness of the importance of girls’ education.


Follow us for Breaking News and Market Intelligence.
Tags: Girl child dropoutNigeria GDPsub-saharan AfricaUNESCO
Rosalia Ozibo

Rosalia Ozibo

Related Posts

Nigeria secures World Bank’s approval for $2.25 billion loan to boost reforms 
Economy

World Bank projects Nigeria’s current account surplus to reach 9.4% of GDP by 2026 

April 25, 2025
Hannatu Musawa
Business News

Nigeria in final stages for cultural policy update after 37-year delay 

March 22, 2025
LASG,
Economy

Lagos state service sector leads GDP contribution in 2024, outpaces others

March 14, 2025
Lagos plans N500 entertainment tax, eyes N20 billion annual revenue 
Economy

Lagos GDP hits $259 billion, ranks as Africa’s second-largest city economy

March 12, 2025
FG allows marketers to buy petrol directly from Dangote and other local refineries 
Economy

Nigeria targeting 7% GDP growth, beyond projected 4.6% – Finance Minister Edun 

March 11, 2025
Nigeria to earn less forex as natural gas prices fall in January 2023 - Expert
Economy

Top 10 fastest-growing sectors in the Nigerian economy in 2024 

March 6, 2025
Next Post
US H-2B Visa Limit Reached for 2025, No new petitions accepted until April 

US H-2B Visa Limit Reached for 2025, No new petitions accepted until April 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
first bank
Zenth Bank









DUNS

Recent News

  • Tinubu urges Qatar to support Nigeria’s fight against poverty, welcomes investments in agriculture, others 
  • Trump hints at tariff cuts on Chinese imports to 80% ahead of high-stakes trade negotiations 
  • Wale Edun pushes finance ministry directors to deliver 7% GDP growth 

Follow us on social media:

Recent News

Tinubu urges Qatar to support Nigeria’s fight against poverty, welcomes investments in agriculture, others 

Tinubu urges Qatar to support Nigeria’s fight against poverty, welcomes investments in agriculture, others 

May 9, 2025
Trump imposes 14% tariff on Nigeria’s export to the United States of America

Trump hints at tariff cuts on Chinese imports to 80% ahead of high-stakes trade negotiations 

May 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics