YouTube contributed $55 billion to US GDP in 2024, impacting creators and economy positively.

From Yahoo Finance: 2025-06-10 11:43:00

YouTube contributed $55 billion to America’s GDP in 2024, supporting 490,000 full-time jobs. The Oxford Economics Impact Report highlights YouTube’s economic contributions, emphasizing its revenue share model for creators. The report showcases how YouTube connects businesses and creators with global audiences, creating vibrant platforms for content.

YouTube’s algorithm helps creators find their audience, with data points on business and cultural impact. Case studies show successful YouTubers building multi-million dollar brands. YouTube offers opportunities for business promotions aligned with viewer engagement and reach, cementing its role in growth and creator monetization.

Despite YouTube’s significant economic impact, only 4.3% of creators make over $100k per year. 48% earn $15,000 or less annually. While YouTube paid out $70 billion to creators, the average payout per creator was under $8k. Topline figures can skew reality, leading to disappointment for many creators.

YouTube provides a platform for anyone to showcase their passion. While earnings potential may be limited, the opportunity is there for creators to monetize their content. The Oxford Economics YouTube Impact Report offers a comprehensive look at YouTube’s economic contributions and creator opportunities.

Read more: Report Shows YouTube Contributed $55B to the US Economy in 2024