The $8 trillion internet economy: By the numbers

A new report from McKinsey Global Institute attempts to quantify how much the internet is worth

A busy internet cafe in China: 246 million internet users were added in China and India between 2007 and 2010, according to a new study quantifying the internet's worth.
(Image credit: Imaginechina/Corbis)

Since the first website debuted 20 years ago, the internet has become a daily reality for nearly a quarter of the world's population, revolutionizing the way we work, socialize, create, and share information. In an attempt to quantify how much the internet is worth, a new report from McKinsey Global Institute focused on the online economies of the G-8 countries, plus those of China, India, South Korea, Sweden, and Brazil. McKinsey slotted internet activities into four categories: Private consumption, private investment, public expenditure, and trade. Here, a by-the-numbers look at the "internet economy":

$8 trillion

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