If the internet goes down globally for even
just a single day, it would cost $43 billion,
with the US and China making up almost
half of the sum together, which is $21 billion,
a new report has said.
According to the VPN service provider
AtlasVPN, if an internet outage occurs just for
a single day, the US would alone face huge
losses of around $11 billion. China is estimat-
ed to lose nearly $10 billion.
The UK would lose around $3 billion, and
Japan is expected to lose approximately $2.7
billion. An internet outage in Germany will
likely cost up to $1.5 billion.
Countries with Oceanic islands like Tuvalu,
Kiribati, Marshall Islands, Nauru, and
Micronesia would experience the least finan-
cial losses if the internet shut down for a day.
Specifically, these countries would not lose
more than $50K, the report said.
Russia topped the list of losses in 2022, with
an estimated $21.59 billion in income lost
over 7,407 hours of blackouts that affected
more than three-quarters of the country’s
population, according to the report by
Top10VPN.
India lost $184.3 million as a result of gov-
ernment-imposed blackouts that prevented
more than 120 million people from accessing
the internet.
Iran, Kazakhstan, Myanmar, and
Uzbekistan were among the other countries
that suffered the biggest losses due to internet
outages in 2022.Overall, internet shutdowns
by the government globally cost $24.6 billion
in 2022, up 337 per cent from 2