Singapore’s digital economy reached S$128.1B in 2024—18.6% of the country’s GDP and climbing at 12% annually since 2019. With 5.61 million internet users (95.8% penetration) and 97% smartphone adoption, the … Read more
Thailand’s digital economy is the second-largest in Southeast Asia, behind only Indonesia, with an estimated $56 billion in GMV in 2025 (e-Conomy SEA 2025), and the velocity is accelerating. Measured … Read more
Malaysia’s digital economy hit USD 31 billion in gross merchandise value during 2024, a 16% jump from the previous year, with the sector now expected to represent 25.5% of GDP … Read more
The Philippines is now a USD 40 billion digital economy. That figure—reported by the Philippine Statistics Authority—represents 8.5% of the country’s total GDP and signals something that anyone who’s spent … Read more
Indonesia’s digital economy is closing in on $130 billion in value, powered by 229 million internet users across an archipelago of 17,000 islands (DataReportal, 2025). With a population of 284 … Read more
Japan is the world’s fourth-largest economy (IMF, October 2026) with 107 million internet users and a digital advertising market that crossed ¥4 trillion (about $26-27 billion) in 2025 — yet … Read more
South Korea is the most intensely connected country on earth. With 50.4 million internet users representing 97.4% of the population, 5G download speeds averaging 1,064 Mbps on SK Telecom’s network, … Read more
Vietnam’s digital economy reached an estimated $39 billion in gross merchandise value in 2025, growing at roughly 19% year-on-year and cementing the country’s position as Southeast Asia’s fastest-growing digital market … Read more
India’s digital economy was about $402 billion (INR 31.64 lakh crore) in FY2022-23, or 11.74% of national income, according to MeitY (January 2025), which projects about one-fifth of national income … Read more
China’s digital economy reached 59.2 trillion yuan (~$8.2 trillion) in 2024, accounting for 43.8% of GDP (CAICT, March 2026) — making it the world’s largest digital economy by any reasonable … Read more
The DIA Briefing
Asia’s digital markets, every other week. Free.