Progress towards gender equity is only made possible by quantified evaluation. To reach this objective, the Women’s Forum launched the first Barometer on Gender Equity focused on Perception versus Reality. This instrument compares reality and perception related to female leadership in key issue areas such as politics, corporate, entrepreneurship, tech, health, education and climate change. It follows the trends on a year-to-year basis. This gives the opportunity to track and analyse the progress of the leadership of women in key economic sectors over time. The Barometer is the world’s first women’s economic leadership statistics instrument that covers female influence in important sectors of the economy, what drives and encourages positive evolution, and how policymakers and policy shapers together can create a favourable environment that leads to narrowing the gender gap. It is based on two pillars: on one hand, the analysis of accurate and relevant data collected within international databases and, on the other hand, the evaluation of the awareness of the global audience regarding the current state of gender inequality. This Barometer is a unique and important instrument that helps policymakers, stakeholders, and businesses to better understand gender inequality in different economic sectors and provides guidance and tools for efficient changes at an international level. It is designed to fulfill three functions: evaluation, information on awareness level, and diagnosis as guidance to implement efficient strategies with the objective to narrow the gender gap within the economy. Indeed, policymakers, businesses, and analysts need to understand what citizens know and think. Two years after its launch, the Barometer fulfils its role. This instrument provides a comprehensive picture of the reality of the current gender equality landscape in the G7 countries. It broadened the discussion beyond traditional equality measures, considering perceptions of gender inequality in key drivers of human progress. However, the results are mixed and underline that while progress can be observed since 2020, gender inequalities remain entrenched and highly widespread in the world in its wealthiest countries, such as the G7.