- The domestic #digitaleconomy is estimated at between 2% and 9% of #GDP, based on a study of 16 economies across Asia and the Pacific, Europe, and North America.
- The digitally dependent economy, calculated based on one set of digitally disrupted sectors and the identified digital sectors, ranges from 17% to 35% of GDP across the same economies.
- Trade in digital products has been accelerating faster than nondigital products in the past decade but has shown vulnerabilities since the COVID-19 pandemic hit.
The authors of this study Capturing the Digital Economy propose a simple and practical framework for measuring the digital economy. Using readily available national accounts data, this identifies an economy’s digital industries and calculates the gross domestic product (GDP) that is attributed to them, which is made up of the digital industries’ GDP and that of nondigital industries which enable them.
