Internet accounts for 3.4% of GDP in large and developed economies

Internet accounts for, on average, 3.4 percent of GDP across the large economies that make up 70 percent of global GDP.

SOURCE: McKinsey Global Institute, Internet matters: The net’s sweeping impact on growth, jobs, and prosperity, May 2011

1 McKinsey looked at the Internet contribution in 13 countries constituting 70% of global GDP. The countries studied include G8  countries; China, India, and Brazil (emerging countries); and Sweden and South Korea (as they are most advanced countries in terms of broadband penetration).
 
2 For the rest of the world, Mckinsey used estimated percentage shares based on Internet penetration in each country.


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