As of 2023, the United States dominates Global ICT Gross Value Added with a substantial lead at 69.72 million USD. Japan follows distantly at 10 million USD. Other significant contributors include Canada, South Korea, and Israel. Notable growth in the sector was observed in Israel at 20.41% and Bangladesh at 8.25%. Conversely, Russia and South Africa saw declines of -4.18% and -2.01%, respectively. Smaller economies like Haiti exhibited remarkable year-on-year growth of 11.25%, however, the overall impact remains minimal.
Future trends to watch include the potential for emerging markets in Southeast Asia and Africa to contribute more significantly to Global ICT GVA, driven by increasing internet penetration and digital transformation initiatives. Additionally, geopolitical developments and the adoption of new technologies such as AI and 5G could reshape the landscape, influencing growth patterns and country standings in this sector.
Top countries in ICT Gross Value Added Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 69.72 | 2023 | +6.04% | +6.29% | View data |
| 2 | 2 Japan | 10 | 2023 | +2.12% | +1.6% | View data |
| 3 | 3 Canada | 3.22 | 2023 | +1.84% | +2.42% | View data |
| 4 | 4 South Korea | 3.02 | 2023 | +4.65% | +2.16% | View data |
| 5 | 5 Israel | 3.01 | 2023 | +16.71% | +20.41% | View data |
| 6 | 6 Indonesia | 2.17 | 2023 | +5.68% | +8.06% | View data |
| 7 | 7 Brazil | 2.13 | 2023 | +4.35% | +0.13% | View data |
| 8 | 8 Australia | 1.42 | 2023 | +1.27% | +2.68% | View data |
| 9 | 9 Russia | 1.12 | 2023 | -4.51% | -4.18% | View data |
| 10 | 10 South Africa | 1.04 | 2023 | +0.44% | -2.01% | View data |
