The United States leads in Global ICT Gross Value Added, with Japan and Canada trailing significantly. Noteworthy growth is evident in Israel and Indonesia. The United States shows a 6.29% increase year-on-year, with substantial growth in Israel at 20.41%. Conversely, Russia and Iran experience declines of -4.18% and -2.29%, respectively. Emerging markets like Bangladesh and Haiti are showing positive momentum.
Looking ahead, the focus should be on nations like Israel, Indonesia, and Bangladesh, which are rapidly evolving in the ICT sector. Macroeconomic factors, digital innovation, and policy changes will play crucial roles in shaping future trends in these markets.
Top countries in ICT Gross Value Added by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,859,000 | 2023 | +6.04% | +6.29% | View data |
| 2 | 2 Japan | 266,520 | 2023 | +2.12% | +1.6% | View data |
| 3 | 3 Canada | 85,750 | 2023 | +1.84% | +2.42% | View data |
| 4 | 4 South Korea | 80,470 | 2023 | +4.65% | +2.16% | View data |
| 5 | 5 Israel | 80,320 | 2023 | +16.71% | +20.41% | View data |
| 6 | 6 Indonesia | 57,890 | 2023 | +5.68% | +8.06% | View data |
| 7 | 7 Brazil | 56,870 | 2023 | +4.35% | +0.13% | View data |
| 8 | 8 Australia | 37,990 | 2023 | +1.27% | +2.68% | View data |
| 9 | 9 Russia | 29,750 | 2023 | -4.51% | -4.18% | View data |
| 10 | 10 South Africa | 27,740 | 2023 | +0.44% | -2.01% | View data |
