Summary of How Much Is the Sharing Economy Worth to GDP?

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

How Much Is the Sharing Economy Worth to GDP? summary
Start getting smarter:
or see our plans




  • Well Structured
  • Visionary
  • Background


In this intriguing, albeit one-sided, web article from the World Economic Forum, project specialists Stefan Hall and James Pennington contemplate the virtues of the sharing economy that boost economic growth but that GDP fails to measure. What the authors don’t do is delve into the negative aspects of the sharing economy that could detract from GDP. For instance, many Uber drivers would prefer the benefits of formal employment, and horror stories abound of people’s experiences renting rooms to strangers through Airbnb. Still, this overview provides a takeoff point in trying to value this new economic engine. getAbstract recommends it to executives, policy makers and others interested in the sharing economy.

About the Authors

Stefan Hall and James Pennington are project specialists with the World Economic Forum.



The term “sharing economy” refers to the use of online avenues to facilitate the sharing of a person’s assets, such as a car or a room in a home, with others “for free or for a fee, on a peer-to-peer basis.” The online platform acting as the middleman between the two parties usually sets the fee, as with car-sharing services. Alternatively, individual suppliers might name their price, as when they rent rooms.

Measures of gross domestic product count the income derived from the sharing arrangements, ...

More on this topic

By the same authors

What Cristiano Ronaldo tells us about the economics of football
Does hosting a World Cup make economic sense?

Customers who read this summary also read

World Economic Outlook Update, January 2018
Toward a Sustainable Wellbeing Economy
The Value of Everything
World Economic Outlook Update, July 2017
Adapting to Climate Change
From Wall Street to Bay Street

Related Channels

Comment on this summary