Developing economies surpass $1 trillion mark in digitally deliverable services exports
UN Trade and Development (UNCTAD).
That same year, global exports of digitally deliverable services totalled USD 4.5 trillion. Such services can be delivered remotely over computer networks. Some examples include information technology consulting, creative industries, telecommunications and financial services.
While digital technologies have the potential to transform global services trade, their benefits remain unevenly distributed.
UNCTAD data show that while digitally deliverable services account for 56% of services exports worldwide, that share is just 20% in least developed countries (LDCs).
Despite a 43% increase between 2015 and 2023 in value terms, LDCs' share of global digitally deliverable services exports steadily fell from 0.24% to 0.19%.
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