Facebook Twitter LinkedIn RSS
    Trending
    • The Mood Market by Riella Luxé to Light Up Lagos This Christmas with a Rooftop Gifting, Food & Lifestyle Fair
    • From AI Scholarships to Campus Safety: Tim Akano Receives Distinguished Alumni Awards
    • Respite as NDIC mulls partnership with NIBSS for depositors’ reimbursement
    • How Galaxy Backbone aided paperless civil service, as 31 ministries fully digital ahead of deadline
    • NCC moves to unlock gigabit speeds with new 6GHz spectrum guidelines
    • New Horizons CEO pledges continued it training support for Nigerian media
    • Nigeria wins global digital governance award at OGP Summit 2025
    • PalmPay announces ₦400 million festive rewards campaign with global travel prizes
    Facebook Twitter LinkedIn
    ITPulse.com.ngITPulse.com.ng
    • News
    • Interviews
    • Blogs
    • Analysis
    • Opinion
    • Videos
    • Press Releases
    • Pictures
    • Advertise
    ITPulse.com.ngITPulse.com.ng
    Home»News»World economy loses $50 billion to Internet shutdowns in five years
    News 3 Mins Read

    World economy loses $50 billion to Internet shutdowns in five years

    mmBy ITPulseMarch 19, 2024
    Facebook Twitter WhatsApp Pinterest LinkedIn Reddit Tumblr Email
    Internet, Technology, Nigeria, Broadband
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Data presented by Stocklytics.com, has shown that government internet shutdowns have cost the global economy more than $50 billion since 2019 till date, with almost 750 million people worldwide affected by government-caused internet blockages and shutdowns.

    These shutdowns were done by controlling, partially blocking, or even going into full internet blackouts, governments not only cut people off from information but also caused huge financial damage to the economy.

    “In 2023 alone, these shutdowns cost the global economy over $9.1 billion. The cumulative figures for the past five years are even more shocking,” the data revealed.

    Governments worldwide continue pulling the plug on the Internet and social networks during critical periods like war, protests, and elections. This nis despite the United Nations considering Internet access as a basic human right since 2016.

    Although they justify these blockages and shutdowns for a variety of reasons, from preventing protests and protecting national security to avoiding cheating on school exams, they usually cover fraud and human rights abuses. Despite all the efforts, Internet or social media blockages and shutdowns still count in hundreds each year and affect millions worldwide.

    The Top10VPN data show that since 2019, almost 600 major internet shutdowns have taken place across the globe. These shutdowns lasted for over 205,000 hours and caused a shocking $50 billion economic cost. Analyzed by year, 2019 saw the highest number of internet blockages, 134 lasting more than 19,200 hours. Statistics show 2022 remains the absolute record year in terms of total economic cost. That year alone, internet blockages cost the world economy a shocking $24.6 billion. That means almost half the five-year cost of internet blockages and shutdowns happened that year.

    Still, 2023 saw the longest total duration of internet blockages. Although the total economic cost of government-caused internet shutdowns dropped by 60% to $9.1 billion, last year saw more than 79,000 hours of internet disruptions, the highest number in the past five years.

    Russia Is the Most Affected Nation by Internet Blockages With a Cost of $25 Billion, Half the World`s Total

    Analyzed by geography, Russia is undoubtedly the most affected nation by government-caused internet blockages and shutdowns. In 2023 alone, the total cost of internet and social media blockages in the country hit over $4 billion, while the five-year figures climb to over $25 billion, or half the world`s total in this period.

    The Top10VPN data also showed that X, formerly Twitter, is generally the most blocked social media platform, suffering more than 10,600 hours of deliberate disruption in 2023, 26% more than TikTok and 18% more than Instagram.

    Also, over half of all government internet outages last year were associated with additional human rights abuses, most frequently restricting freedom of assembly.

     

    Internet Shutdowns World economy
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    mm
    ITPulse
    • Website
    • Facebook
    • Twitter
    • LinkedIn

    ITPulse is a wholly information technology communication (ICT) news website, with a special focus on the African continent. The website provides up-to-date biz-tech news, analysis and comprehensive and thorough insight into the continent's ICT terrain

    Related Posts

    From AI Scholarships to Campus Safety: Tim Akano Receives Distinguished Alumni Awards

    December 20, 2025

    Respite as NDIC mulls partnership with NIBSS for depositors’ reimbursement

    December 19, 2025

    How Galaxy Backbone aided paperless civil service, as 31 ministries fully digital ahead of deadline

    December 19, 2025

    Leave A Reply Cancel Reply

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Latest Posts

    The Mood Market by Riella Luxé to Light Up Lagos This Christmas with a Rooftop Gifting, Food & Lifestyle Fair

    December 21, 2025

    From AI Scholarships to Campus Safety: Tim Akano Receives Distinguished Alumni Awards

    December 20, 2025

    Respite as NDIC mulls partnership with NIBSS for depositors’ reimbursement

    December 19, 2025
    About
    About

    Itpulse.com.ng is a wholly information technology communication (ICT) news website, with special focus on the African continent. The website provides up-to-date biz-tech news, analysis and a comprehensive and thorough insight info the continent's ICT terrain.

    Contact us: editorial@itpulse.com.ng

    Facebook Twitter LinkedIn RSS
    Latest Posts

    The Mood Market by Riella Luxé to Light Up Lagos This Christmas with a Rooftop Gifting, Food & Lifestyle Fair

    December 21, 2025

    From AI Scholarships to Campus Safety: Tim Akano Receives Distinguished Alumni Awards

    December 20, 2025

    Respite as NDIC mulls partnership with NIBSS for depositors’ reimbursement

    December 19, 2025
    Popular Posts

    How Galaxy Backbone aided paperless civil service, as 31 ministries fully digital ahead of deadline

    December 19, 2025

    How FairMoney is powering financial inclusion for Nigerian hustlers

    December 16, 2025

    The authentication crisis: Why passwordless systems are creating new security vulnerabilities

    March 16, 2023
    © 2017 - 2025 Itpulse.
    • Terms & Conditions
    • Privacy Policy
    • Advertise
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.