The World Bank said the full digitization of the economy in the Middle East and North Africa could raise GDP per capita by at least 46 percent over 30 years, or long-term gains of $1.6 trillion.
In a new report entitled, “The Upside of Digital for the Middle East and North Africa, How Digital Technology Adoption Can Accelerate Growth and Create Jobs,” the World Bank said that during the first year of digitization, the region’s GDP per capita could reach $300 billion.
