The global digital sector growth was forecast to impact total Gross Domestic Product (GDP) in the Asia Pacific region by 2.1 percent in 2021. It was consistently forecast to increase each year up to 9.9 percent in 2025 compared to the baseline GDP in 2020. The study expected the global digital inputs to increase by 20 percent by 2025 and projected that more than 40 percent of the outputs would be accounted for by Asia Pacific.
This Annual GVA series is our most accurate estimate of Digital Sector GVA. These Economic Estimates are Accredited Official Statistics used to provide an estimate of the contribution of the Digital Sector and its associated subsectors to the UK, measured by GVA (gross value added).
This is the first release of provisional annual estimates for 2023, and Blue Book 2024 inclusive revisions to 2019 to 2022 annual estimates. The provisional Annual GVA estimates for 2023 for the Digital Sector will be revised in our next release, upon updates to underlying ABS data, and further revised in the following statistical release to include Blue Book 2025 revisions. Our next release is planned to include a full analytical report providing additional analysis on our produced GVA estimates.
This release includes a methodology update to the deflators used to remove the effects of inflation in our chained volume measure estimates. A summary of the revisions to 2019 to 2022 estimates as part of this release can be found in the accompanying revisions report.
This is a continuation of the Digital Sector Economic Estimates: Annual GVA release series, previously produced by the Department for Culture, Media and Sport (DCMS). Responsibility for Digital and Telecommunications policy now sits with the Department for Science, Innovation and Technology (DSIT).
Findings in this release are calculated based on the published Office for National Statistics (ONS) https://www.ons.gov.uk/economy/nationalaccounts/supplyandusetables/datasets/supplyanduseofproductsandindustrygvaukexperimental" class="govuk-link">Supply and Use Tables, ONS https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/ukgdpolowlevelaggregates" class="govuk-link">Gross Domestic Product (GDP) low-level aggregates and the ONS https://www.ons.gov.uk/businessindustryandtrade/business/businessservices/methodologies/annualbusinesssurveyabs" class="govuk-link">Annual Business Survey (ABS).
The Supply and Use Tables (SUT) report balanced GVA at the 2-digit Standard Industrial Classification (SIC) code level up to 2022. SUT <abbr title="Gross V
More and more companies in China have opted in digitalization solutions for business operations. With a nominal year-on-year growth of *** percent in its size in 2023, China's digital economy contributed about **** percent of China's GDP that year. This underscored the industry's role in the country's economic growth.
China's digital economy has been growing rapidly in recent years. In 2023, the economy reached a size of nearly ** trillion yuan, registering a nominal year-on-year growth of **** percent, much higher than the country's nominal GDP growth at *** percent. The digital economy accounted for around ** percent of China's GDP.
All estimates in this release are presented in 2022 prices and in chained volume measures. Estimates are provisional and subject to planned revisions. The index of estimated monthly GVA shows the growth or decline of the Digital Sector and its subsectors relative to January 2019.
This current release contains new monthly figures for April 2024 to June 2024 and minor revisions for January 2024 to March 2024.
Estimates of monthly GVA (£ million) are used to determine percentage changes over the relevant time periods mentioned here.
DSIT have recently concluded a consultation on the planned future of the Digital Sector Economic Estimates series - the DSIT response to this consultation can be accessed using this link.
26 September 2024
This is a continuation of the Digital Economic Estimates: Monthly GVA series, previously produced by Department for Culture, Media and Sport (DCMS). Responsibility for Digital Sector policy now sits with the Department for Science, Innovation and Technology (DSIT).
These estimates are Official Statistics, used to provide an estimate of the economic contribution of the Digital Sector, in terms of Gross Value Added (GVA), for the period January 2019 to June 2024. This current release contains new monthly figures for April 2024 to June 2024 and minor revisions for January 2024 to March 2024.
Estimates are presented in chained volume measures (i.e. have been adjusted for inflation), at 2022 prices, and are seasonally adjusted. These latest monthly estimates should only be used to illustrate general trends, not used as definitive figures.
You can use these estimates to:
You should not use these estimates to:
These findings are calculated based on published Office for National Statistics (ONS) data sources including the Index of Services and Index of Production.
These data sources are available for industrial ‘divisions’, whereas the Digital Sector is defined using more detailed industrial ‘classes’. This represents a significant limitation to this statistical series; the implications of which are discussed furt
https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/
This dataset is compiled from European data about Digital Economy and Society - ITC sector.
The data contains information on Digital Economy and Society - ITC sector - in Europe.
NACE R2 stands for Statistical classification of economic activities in the European Community, Revision 2 (NACE stands for Nomenclature générale des activités économiques dans les Communautés européennes - in French)
Geographies values are acronyms (2 characters) for EU countries and group of countries from Europe.
Source of metadata: https://ec.europa.eu/eurostat/ramon/cybernews/abbreviations.htm
The main data source is: https://ec.europa.eu/eurostat/data/database For the data dictionaries, the source is: https://ec.europa.eu/eurostat/estat-navtree-portlet-prod/BulkDownloadListing?sort=1&dir=dic%2Fen as well: https://ec.europa.eu/eurostat/ramon/cybernews/abbreviations.htm
Attribution 3.0 (CC BY 3.0)https://creativecommons.org/licenses/by/3.0/
License information was derived automatically
The United Nations Conference on Trade and Development (UNCTAD) Digital Economy Database is a specialized data repository that provides global, regional, and country-level statistics and indicators on the digital economy, particularly in developing countries. It supports analysis and policymaking around e-commerce, digital trade, ICT infrastructure, and the broader digital transformation. Data sets include International merchandise trade, International trade in services, Foreign direct investment (FDI), Economic trends, Commodities, Maritime transport, Digital economy, and Population and labor force. Key tools include the UNCTADstat database, Country Profiles, and Nowcasts for real-time global trade and economic growth estimates. UNCTAD's datasets are widely used by policymakers, researchers, and organizations to analyze global trade dynamics, assess development progress, and formulate evidence-based policies.
This collection includes only a subset of indicators from the source dataset.
This dataset provides comprehensive insights into the digital transformation of various economic activities. It includes indicators covering a wide range of topics—from the contribution of the digital economy to GDP, to the extent of establishments’ use of online tools and platforms. Key measures include the percentage of establishments offering electronic services or using cloud computing, tracking how businesses receive and deliver orders electronically, and evaluating their presence and advertising activities on social media. Additionally, the dataset tracks after-sale support offered through company websites, highlighting the integration of digital services in customer care. By analyzing these indicators, policymakers, researchers, and industry leaders can assess the growth and impact of digital adoption on economic performance, enabling data-driven decisions for future development.Follow data.kapsarc.org for timely data to advance energy economics research.
In 2022, the digital economy added *** billion U.S. dollars in current-dollar value to the information industry, most notably in the sub-segment of broadcasting and telecommunications. Wholesale trade was ranked second, with *** billion U.S. dollars in digital economy value add during the measured period.
This statistic presents the current-dollar value added to the total economy (GDP) by the digital economy in the United States from 2005 to 2018, sorted by sector. During the most recently measured period, the digital economy added **** billion U.S. dollars in value to the government sector.
In 2023, the mobile sector accounted for a total of *** percent of the Chinese economy, which amounted to almost ************ U.S. dollars. The largest subsegment was infrastructure and equipment, which generated *** billion U.S.: dollars in 2023.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The article is devoted to the analysis of changes in the economic development of Latin American countries under the influence of digital transformation. The characteristics of the involvement of Latin American countries in the process of digital transformation at the present stage are given, which showed insufficient activity in the implementation of digital technologies. Requiring greater participation of the state, private business, as well as the need to increase digital skills among the population. An analysis of the use of digital technologies in strategic sectors of the economy: mining and agriculture was carried out, which showed that this trend can lead the countries of the region to a new level of economic development. Further prospects for the development of the digital economy are likely to be associated with the active attraction of private capital and venture financing.
The data and programs replicate tables and figures from "Sectoral digital intensity and GDP growth after a large employment shock: A simple extrapolation exercise", by Gallipoli and Makridis. Please see the ReadMe file for additional details.
In 2023, preliminary figures showed the GDP from manufacturing activities in Indonesia was at about *** quadrillion Indonesian rupiah. Over the last decade, the manufacturing sector has been the largest contributor to Indonesia's GDP and has become a significant source of investment and job creation. Manufacturing workers in Indonesia Over ** million people were working in the manufacturing industry in Indonesia, and more than ** percent of Indonesian workers were employed in the non-oil and gas manufacturing industry. However, the average net wage of manufacturing workers is still relatively low compared to other sectors. Riau Islands had the highest average salary for manufacturing workers in Indonesia. The number of people employed in the manufacturing sector is expected to increase, corresponding with the increasing number of manufacturing establishments in Indonesia. Improvements in manufacturing sector in Indonesia Most manufacturing companies in Indonesia are concentrated on the island of Java, where the current capital city, Jakarta, lies and where most of its population resides. Recently, the Indonesian government has started to shift its focus on developing its other islands. In December 2021, the Indonesian government launched Digital Industry Center 4.0 (PIDI 4.0) to boost the industrial sector's growth and implement better local policies toward the manufacturing industry. These actions should include improvements in connectivity and simplifying licenses and permits for investors all over the archipelago. The Indonesian government aims to develop the country into the top ten largest economies globally by 2030.
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Malaysia ICT Market Size was valued at USD 24.40 Billion in 2024 and is projected to reach USD 47.7 Billion by 2032, growing at a CAGR of 10% from 2026 to 2032.
Key Market Drivers: Government-led Digital Transformation Initiatives: Malaysia's MyDIGITAL project and the 12th Malaysia Plan (12MP) are accelerating ICT adoption. The government has set up RM73 billion ($17.3 billion) for ICT-related projects within the 12MP (2021-2025). According to Malaysia's Economic Planning Unit, digital investments made through MyDIGITAL are expected to contribute 22.6% of the country's GDP by 2025, producing 500,000 new jobs in the digital sector.
Expanding Digital Infrastructure and Connectivity: The countrywide rollout of 5G networks and fiber internet is hastening digital adoption across a variety of industries. According to the Malaysian Communications and Multimedia Commission (MCMC), mobile broadband penetration will reach 142.2% in 2023.
The information, communications, and technology (ICT) sector occupied more than seven percent of the gross domestic product (GDP) of Bulgaria, the largest share among Central and Eastern European (CEE) countries in 2021. Furthermore, Estonia's ICT sector accounted for nearly 5.8 percent of the country's GDP.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This indicator combines data from the following Eurostat sources:
General government expenditure by function (COFOG) (gov_10a_exp): Public expenditure on culture, recreation and religion (cult_gov):
Classification of the functions of government (COFOG 1999) [cofog99]: [GF0802] Cultural services; [GF0803] Broadcasting and publishing services
National accounts indicator (ESA 2010) [na_item]: [TE] Total general government expenditure
Sector: [S13] General government
Unit of measure [unit]: [PC_GDP] Percentage of gross domestic product (GDP); [PC_TOT] Percentage of total
Cultural employment (cult_emp): Cultural employment by sex (cult_emp_sex):
Unit of measure: Percentage of total employment (PC_EMP),
Sex: Total (all sexes)
Individuals - internet activities (ISOC_CI_AC_I):
Information society indicator [indic_is]: [I_IUWEB2] Internet use: listening to web radio; [I_IUMUSS] Internet use: listening to music (e.g. w eb radio, music streaming); [I_IUMUSS1] Internet use: listening to music (e.g. web radio, music streaming) or downloading music
Individual type [ind_type]: [IND_TOTAL] All Individuals
Unit of measure [unit]: Percentage of individuals (PC_IND)
CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically
Cabo Verde’s climate exposure, partly also because of its geography, is compounded by economic vulnerabilities. The country has experienced robust economic growth since the early 1990s and achieved a substantial reduction in poverty, but growth has been volatile and has slowed in recent years. Reflecting the comparative advantage of its attractive natural geography, growth has primarily been driven by the tourism sector, which accounts for a quarter of gross domestic product (GDP), over half of exports, and most foreign direct investment. For similar reasons, the archipelago is heavily reliant on imports, notably those of fuel and food. High levels of remittance and concessional international financing serve to bridge its external financing needs, but they generate additional external vulnerabilities. Adding to this, although recurrent fiscal deficits have recently resorbed, public spending is rigid, and public debt remains above 100 percent of GDP. The COVID-19 pandemic put Cabo Verde’s external vulnerabilities on display, causing a steep decline in tourism revenue and a surge in the food and fuel import bill before the economy returned to pre-pandemic conditions in 2023. This CCDR analyzes how Cabo Verde can build climate resilience and stimulate low carbon development, while identifying key enablers. The Country Climate and Development Report (CCDR) estimates the projected economic and social damage from climate change in chapter 1. The report then proceeds to a discussion of the country’s relevant institutional and legal framework in chapter 2, the main ways in which a climate-resilient economy can be achieved at the water-land nexus and through the blue economy and infrastructure systems in chapter 3, the green transition in the energy, transport, waste, and digital sectors in chapter 4, the core actions to support the private sector and people to become more climate shock-resilient though social protection, and finally, the skills needed for, and the strengthening of, the health system in chapter 5. Chapter 6 brings together the recommendations presented in the earlier chapters, estimating their costs and benefits and modeling their effects on the economy.
In 2023, the information and communication sector in South Korea generated approximately ***** trillion South Korean won in terms of real gross domestic product (GDP). For this sector, the amount of GDP produced continued to increase as the years passed.
https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Ireland Data Center Market size was valued at USD 195.86 Million in 2024 and is projected to reach USD 721.27 Million by 2032, growing at a CAGR of 17.6% from 2026 to 2032.Key Market Drivers Strong Digital Economy & Tech Sector Growth: Ireland's position as a European tech hub has created substantial demand for data center infrastructure. The country's digital economy has experienced remarkable growth, with many global technology corporations establishing their European headquarters in Ireland, driving demand for data processing capabilities. The Central Statistics Office (CSO) reported that the Information and Communication sector contributed approximately USD 28.5 Billion to Ireland's GDP in 2022, representing a 21% increase since 2020.Favorable Corporate Tax Structure & Government Incentives: Ireland's competitive corporate tax rate and government-backed incentives have made it an attractive location for data center investments. These fiscal advantages, combined with pro-business policies, have encouraged substantial capital inflow into the data center. IDA Ireland reported that data center investments comprised approximately 28% of all foreign direct investment (FDI) in the country in 2022, totaling over USD 4.5 Billion.
The global digital sector growth was forecast to impact total Gross Domestic Product (GDP) in the Asia Pacific region by 2.1 percent in 2021. It was consistently forecast to increase each year up to 9.9 percent in 2025 compared to the baseline GDP in 2020. The study expected the global digital inputs to increase by 20 percent by 2025 and projected that more than 40 percent of the outputs would be accounted for by Asia Pacific.