Value of data economy in EU and UK 2016-2020 and 2025

Published by
Petroc Taylor,
May 23, 2022
According to statistics published by the European Commission, the value of data economy in the 27 European Union countries and United Kingdom is estimated to exceed 440 billion euros in 2020. The source defines the data economy as representing the overall impacts of the data market on the economy as a whole. It involves the generation, collection, storage, processing, distribution, analysis elaboration, delivery, and exploitation of data enabled by digital technologies.

Value of the data economy in the European Union (EU) and United Kingdom from 2016 to 2020 and in 2025* (in billion euros)

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Release date

July 2020

Region

United Kingdom, EU

Survey time period

2016 to 2020

Supplementary notes

*Value of direct, indirect and induced impacts on the economy.

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