Amid the covid slump, YouTube creators contributed $894 million to India’s GDP in 2020
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Even as India’s economy battled the covid-induced slump, YouTube’s constantly expanding creator ecosystem contributed 6,800 crore rupees ($894 million) to the country’s GDP.
The YouTube creators community also supported at least 683,900 full-time equivalent jobs in 2020, according to an Oxford Economics report released by YouTube yesterday (March 3). The number of YouTube India channels with over 100,000 subscribers is pegged at 40,000, representing yearly growth of over 45%, the report said.
The addition to India’s GDP has come at a time when the pandemic has pushed the country’s economy off the cliff.
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