• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Internet censorship cost the global economy $5.5 bn in 2021

4 years ago
in Business, Cryptocurrency, Economy, Editor's pick, highlights, Home, home-news, latest News, Tech-guide, Technology
1 min read
0 0
0
Red key with text Bunned and closed padlock icon on blue digital laptop keyboard.

Red key with text Bunned and closed padlock icon on blue digital laptop keyboard.

111
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Internet censorship cost the global economy $5.5 bn in 2021

Internet blackouts, social media shutdowns, and bandwidth-throttling by governments cost the global economy $5.5 a total of billion in 2021, according to an annual report by digital security and rights group Top10VPN.

According to Top10VPN Myanmar’s economy was most severely impacted by internet shutdowns. Myanmar’s military seized power in a coup in February 2021. This was followed by extensive internet and social media shutdowns.

Top10VPN estimates the country’s economy took a blow of $2.8 billion as a result.

Nigeria was estimated to be the second-most economically impacted country this year after it blocked access to Twitter in June. Top10VPN calculated the economic loss to be $1.5 billion.

Read: Corvus agrees to $370m takeover by AngloGold Ashanti

According to Top10VPN’s annual reports, the economic cost of government-enforced internet shutdowns grew 36% last year compared to 2020.

RelatedPosts

President Mahama Touts Ghana’s Economic Rebound at General Assembly

President Mahama Calls for UN Security Council Reform, Reset of Global Financial System at 80th UNGA

New AfDB Review Highlights Inland Fisheries as Lifeline for Millions of Africans

While Top10VPN estimated roughly 486 million people million people were affected by government-imposed internet blackouts in 2021. This was compared with 268 million in 2020 an increase of 81%.

“From advertising to customer support, social media platforms are a vital tool for companies around the world and when they’re taken offline they can really suffer,” Samuel Woodhams, one of the report’s authors, told Insider.

“The economic harm of these restrictions pales in comparison to the human cost. However, with internet restrictions imposed in Kazakhstan and Sudan already in 2022, internet shutdowns are far from becoming a thing of the past,” Woodhams added.

Top10VPN calculates the economic impact of internet shutdowns by measuring the duration of shutdowns around the world before feeding them through a tool developed by NGO The Internet Society.

Tags: bandwidth-throttling by governmentsInternet blackoutsInternet censorship cost the global economy $5.5 bn in 2021social media shutdowns
No Result
View All Result

Highlights

This Gamechanger Could Charge up Africa’s EV Ownership

Bank of Ghana Prices 1oz Gold Coin at GHS 47,960

President Mahama Rings Nasdaq Bell to Court Global Investors

African Countries That Survive on Diaspora Remittances More Than Export Earnings

Ghana Boxing Authority Promises Enhanced Medical Care for Boxers Following Bahubali’s Tragic Death

Premier League: Hearts of Oak eye Second Straight win as Eleven Wonders Visit Accra on Friday

Trending

Business

President Mahama Touts Ghana’s Economic Rebound at General Assembly

September 25, 2025

President Mahama Touts Ghana's Economic Rebound at General Assembly President John Dramani Mahama has claimed early success...

President Mahama Calls for UN Security Council Reform, Reset of Global Financial System at 80th UNGA

September 25, 2025

New AfDB Review Highlights Inland Fisheries as Lifeline for Millions of Africans

September 25, 2025

This Gamechanger Could Charge up Africa’s EV Ownership

September 25, 2025

Bank of Ghana Prices 1oz Gold Coin at GHS 47,960

September 25, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.