Paying the price: The economic cost of failing to educate girls

Is it possible to put a price on girls’ education?

Perhaps it is impossible to quantify the difference it makes to individuals' confidence, well-being and life-chances. But there is increasing evidence that we can make a serious estimate of the cost to economies of failing to educate girls to the same standard as boys.

This report presents a new analysis of the economic cost of failing to educate girls. Based on World Bank research and economic data and UNESCO education statistics, it estimates the economic cost to 65 low and middle income and transitional countries of failing to educate girls to the same standard as boys as a staggering US$92 billion each year. This is just less than the $103bn annual overseas development aid budget of the developed world.

The message is clear: investment in girls' education will deliver real returns, not just for individuals but for the whole of society.