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Value of B2C and B2B e-commerce
E-commerce is projected to have a significant impact on national and global economies via the delivery of process efficiencies and reductions in operating costs, and while estimated to be in the hundred of billions of dollars US globally, is still insignificant in terms of the total output of many national economies. B2C as a % of GDP - 2001
The level of Business-to-Consumer (B2C) activity as a proportion of annual GDP provides a measure of the economic significance of electronic commerce within the economy at large. In 2001, amongst benchmarked countries the US had the highest estimate of B2C as a proportion of GDP (0.7%), followed by Sweden (0.5%), Norway (0.39%), the UK (0.3%), Germany (0.2%), and Australia (0.17%). Data for New Zealand for this indicator was not available.
Accordingly, the US scored 100 points, followed by Sweden (71), Norway (55), the UK (43), Germany (32), and Australia (24). Ireland received the lowest score (3).
|
Score | |
| Points | |
| US | 100 |
| Sweden | 71 |
| Norway | 55 |
| UK | 43 |
| Germany | 32 |
| Australia | 24 |
| Hong Kong | 22 |
| Singapore | 18 |
| Taiwan | 18 |
| France | 18 |
| South Korea | 10 |
| Italy | 5 |
| Ireland | 3 |
B2B as a % of GDP - 2001
Even more so than B2C, Business-to-Business (B2B) e-commerce has significant economic implications particularly for the profitability of firms in terms of, for example, lowering costs of production and product supply. In 2001, the value of B2B e-commerce in the US was estimated to be 3% of GDP, ahead of Sweden (1.6%),Taiwan (1.3%), Australia and Singapore (1.1% each). Comparable data for New Zealand was not available.
The US scored 100 points, followed by Sweden (53), Taiwan (43), Australia and Singapore (37 points each). Italy received the lowest score for this indicator (10).
|
Score | |
| Points | |
| US | 100 |
| Sweden | 53 |
| Taiwan | 43 |
| Singapore | 37 |
| Australia | 37 |
| Norway | 33 |
| UK | 30 |
| Hong Kong | 27 |
| South Korea | 27 |
| Germany | 23 |
| Ireland | 20 |
| France | 13 |
| Italy | 10 |