Japan ranks 121st out of 153 countries on the global rankings for gender equality, falling 11 places since the last audit, marking its lowest level on record, according to the Global Gender Gap Report 2020 released on Tuesday by the World Economic Forum, or WEF.

Based on data in four key areas - politics, economics, education and health - the WEF analyzes gender gaps on a regular basis and said it would take 100 years to close the global gender gap because so little progress had been made in tackling the problem.

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In this year's report, Iceland is ranked as the nation closest to achieving gender parity, followed by Norway, Finland and Sweden.

China ranked 106th, down three places on the list, with a low representation of women in politics and corporate management to blame, the report said.

But the report gave China credit for having virtually closed the educational gender gap, with both sexes achieving universal literacy.

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