Digitally deliverable services growing faster than other services in both developed and developing economies
Exports of digitally deliverable services and other types of services, billions of dollars
In 2021, amid the COVID-19 lockdown that disrupted many traditional trade flows, world digitally deliverable services exports increased by a remarkable 18%. The expansion continued in 2022 and 2023, with upswings of 5 and 9%, respectively. Three quarters of the exports, worth some $3 372 billion, originated from developed economies, leaving developing world exports at an estimated $1 090 billion for 2023.
In 2023, exports of digitally deliverable services from developing economies grew by 9%. The growth was prominent across all developing regions: Africa, Americas, Asia and Oceania. Their share in total services exports was 46%, while for the developed world it stood at 61%. It is estimated that about 95% of digitally deliverable services have actually been digitally delivered since 2021. Before the COVID-19 pandemic, the share hovered around 87%.