AI impact on gross value added (GVA) growth rates 2035, by industry

Published by
Bergur Thormundsson,
Mar 17, 2022
The statistic shows the impact artificial intelligence (AI) will potentially have on the real gross value added (GVA) growth rates of various industries worldwide by 2035. In 2035, with artificial intelligence absorbed into the economy, the information and communication industry could potentially increase their gross value added growth rate by 4.8 percent, 1.4 percent above the 3.4 percent GVA increase in the non-AI scenario.

Impact of artificial intelligence (AI) on real gross value added (GVA) growth rates worldwide, by industry, in 2035

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Release date

June 2017

Region

Worldwide

Survey time period

2017

Supplementary notes

According to the source, gross value added represents a close approximation of gross domestic product (GDP). The two scenarios compared represent, firstly, the baseline, which shows the expected annual economic growth rate under current assumptions about the future. The second is the AI scenario, which shows expected economic growth once the impact of AI has been absorbed into the economy. As it takes time for the impact of a new technology to feed through, 2035 has been used by the source as the year of comparison.

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