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macroJul 14, 2026, 4:56 PM

Digital Economy Valued at Over $20 Trillion, US Business Formation Hits Record

The digital economy now accounts for ~18% of global GDP, with US business formation reaching a record 3.1 million applications in H1 2026, up 17% year-over-year.

The digital economy has officially surpassed $20 trillion in value, now representing approximately 18% of global GDP. This growth reflects a decade-long shift from brick-and-mortar to online business models, accelerated by the rise of artificial intelligence.

In the United States, business formation is experiencing a record-breaking boom: over 3.1 million applications were filed in the first half of 2026, a 17% increase compared to the same period last year. Globally, more than 200 million people now identify as creators, entrepreneurs, or online business owners.

Source: The Kobeissi Letter