SDG

SDG #8 is to “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.”

Within SDG #8 are 12 targets, of which we here focus on Target 8.5:

By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value

Target 8.5 has two indicators:

• Indicator 8.5.1: Average hourly earnings of employees, by sex, age, occupation and persons with disabilities
• Indicator 8.5.2: Unemployment rate, by sex, age and persons with disabilities

Only a couple dozen countries have data for employees’ average hourly earnings. The highest among them was Switzerland. By sex, the greatest difference was in South Korea, where the average hourly earnings of male employees of $23.96 and $15.91 for women.

The global unemployment rate as of 2022 was 5.3%, with gender differences only a fractional difference.

SDG #8 is to “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.”

Within SDG #8 are 12 targets, of which we here focus on Target 8.4:

Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-Year Framework of Programmes on Sustainable Consumption and Production, with developed countries taking the lead

Target 8.4 has two indicators:

• Indicator 8.4.1: Material Footprint, material footprint per capita, and material footprint per GDP
• Indicator 8.4.2: Domestic material consumption, domestic material consumption per capita, and domestic material consumption per GDP

Material footprint is a measure of the tonnage of natural resources extracted from the Earth. This includes metal ores, fossil fuels, minerals or living matter from plants and animals. Many of these are finite and non-renewable resources.

By contrast, the concept of domestic material consumption is a measure of materials used within a country’s economy.

It’s important we understand that the economy, which is the basis upon which we all prosper, itself rests upon an environment foundation. This begs the question how is the environment to cope as we live on a planet with a spiking increase in resource use? What is the pathway out of this pattern, to unlink economic growth from scarce resource use and extraction?

The world’s material footprint per capita was 12.44t as of 2019, the same figure as 2015. Thus, there has been no improvement on this indicator, as the target has asked of us. Indicator 8.4.1 asked us to measure by GDP as well as per capita. The world’s material footprint in 2019 was 1.14kg per US dollar, with not much of a change since 2015.

The domestic material consumption per capita for the world was 12 tonnes as of 2019, about the same since 2015. The target asked for developed countries to take the lead. As a proxy, we can use Europe and Northern America. This region had 18t of domestic material consumption in 2019, which has also remained the same since the start of the SDGs.

The global domestic material consumption is equal to 1.13kg per dollar. Once more, this is little changed from 2015, with a similar trend for Europe and Northern America.

SDG #8 is to “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.”

Within SDG #8 are 12 targets, of which we here focus on Target 8.3:

Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services

Target 8.3 has one indicator:

• Indicator 8.3.1: Proportion of informal employment in total employment, by sector and sex

Of the countries with data, many of the Least Developed Countries had greater than 80% of workers in non-agricultural informal work. The numbers are also high in the very populous countries India and Bangladesh, with 80% and 91% of workers in the informal sector.

Much fewer countries have data for informal employment in the agriculture sector. This includes many of the countries with highest proportions of informality in non-agriculture. Developing countries with 2022 data had between 80-100% informal employment in agriculture.

The country with the greatest gender imbalance in the non-agricultural sector was Cote d'Ivoire. There, 79% of men were in informal employment and 93% of females. In agriculture, the biggest gender disparities among countries with data were in Europe. 31% of Serbian males compared to 68% of women were in informal employment, and 42% of males and 78% of women in Poland.

SDG #8 is to “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.”

Within SDG #8 are 12 targets, of which we here focus on Target 8.1:

Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries

Target 8.1 has one indicator:

• Indicator 8.1.1: Annual growth rate of real GDP per capita

This target and indicator ask for us to aim for an increase of GDP, but also to keep pace with price rises from inflation, but also population growth. If GDP rises 7%, but so does the population growth, the actual rise in GDP cancels out. Likewise, if the GDP rises 7% but the inflation rate is 4%, then the GDP growth is only 3%.

The per capita annual growth rate for the world economy in 2022 was 2.28%, an increase from 1.86% in 2015, the year of the SDGs adoption. In the years following 2015, there was a dip in 2016 to 1.60%, followed by an increase in 2017, a tiny dip in 2018, a drop in 2019 to 1.51%, then a big drop in 2020 to -4.03%. 2021 saw a 5.31% rise, before an almost halving in 2022.

In 2022, the only Least Developed Countries with GDP growth rates above 7% was Niger with 7.43%

SDG #8 is to “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.”

Within SDG #8 are 12 targets, of which we here focus on Target 8.1:

Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries

Target 8.1 has one indicator:

• Indicator 8.1.1: Annual growth rate of real GDP per capita

This target and indicator ask for us to aim for an increase of GDP, but also to keep pace with price rises from inflation, but also population growth. If GDP rises 7%, but so does the population growth, the actual rise in GDP cancels out. Likewise, if the GDP rises 7% but the inflation rate is 4%, then the GDP growth is only 3%.

The per capita annual growth rate for the world economy in 2022 was 2.28%, an increase from 1.86% in 2015, the year of the SDGs adoption. In the years following 2015, there was a dip in 2016 to 1.60%, followed by an increase in 2017, a tiny dip in 2018, a drop in 2019 to 1.51%, then a big drop in 2020 to -4.03%. 2021 saw a 5.31% rise, before an almost halving in 2022.

In 2022, the only Least Developed Countries with GDP growth rates above 7% was Niger with 7.43%