Every minute, six million people make an online purchase. Specifically, the 5.7 million searches carried out on Google translate into $434,014 per minute in sales on the network worldwide, according to 2021 data collected by Visual Capitalist .
The digital economy accounts for 25 percent of global GDP today and as much as 50 percent of value creation going forward. To maximize the digital economy’s potential, policymakers must adopt effective rules and norms to facilitate trade in digital goods and enable the free flow of data, as GTIPA-member reports in this category explore.