Study claims US$43 billion would be lost per day in global Internet outage

According to a new Atlas VPN study, a global Internet outage could lead to a financial loss of up to US$43 billion in a single day. The United States and China, who together account for almost half of the total figure with an accumulated US$21 billion, would bear the brunt of these losses.

The study, based on the NetBlocks Costs of Shutdown tool, highlights the increasing reliance of modern economies on the Internet. An estimated US$11 billion would be lost for the US in a single day if no one had access to the Internet, mostly as a result of disruptions to consumer spending, business operations, and economic activity.

With its vast manufacturing sector and international export network, China would also suffer large losses from a day without Internet, with estimates of up to US$10 billion.

Significant economic losses were also predicted for Japan and the United Kingdom, with losses of US$3 billion and US$2.7 billion, respectively. Germany would suffer enormous losses as well; a day without Internet access has been estimated would cost the country US$1.5 billion.

It is important to note that these numbers are an estimate since Atlas VPN does not have a precise sense of possible losses.

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