ASEAN • Digitalization • Economy • News • Reports • Southeast Asia

SEA’s Digital Economy Totals 122 Billion USD in 2024

2 weeks ago

1 Min Read

Teuvo Tuomi

Southeast Asia’s digital economy will be worth US$122 billion in 2024, according to the e-Conomy SEA 2024 report.

This comprises digital financial services, e-commerce, travel, online media, food, and transport.

Digital economy revenue for 2023 was US$78 billion in the region.

E-commerce now makes up the bulk of the digital economy revenue, accounting for US$35 billion in 2024.

E-commerce revenue grew by 13%, from US$31 billion in 2023 to US$35 billion in 2024.

Source: The Business Times

TagsASEAN digitaleconomy southeastasia

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