Key Points From the Mastercard Index of Women Entrepreneurs 2020 5 min read ⢠Feb 17, 2021 ⢠Terri Williams SHARE SHARE  When women entrepreneurs succeed, their success creates a ripple effect that improves not only their livesâand those of their family membersâbut also their communities. In 2020, research by the World Bank revealed that across the globe, economies are losing $172 trillion as a result of the lifetime earnings disparities between women and men. Identifying the factors that contribute to womenâs success, understanding the challenges they face, and understanding how to remove their gender-based obstacles is in everyoneâs best interest. A good place to start is The Mastercard Index of Womenâs Entrepreneurs (MIWE) 2020 Report, which provides an 82-page global analysis of women in business. It includes data from such institutions as UNESCO, World Bank, GEM, and the World Economic Forum. Close to 80% of the worldâs female labor force is represented in the 58 various economies included in this yearâs index.