This country earns One-tenth of her GDP because of her ccTLD

T

As of 17/07/2021

How much can be the importance of a ccTLD? Obviously, it indicates the nationality of a firm and is often used to cater to the home crowd. But how much can a ccTLD affect the whole economics of a country? 

Very much, is the answer when it comes to the island nation of Tuvalu. The pacific nation of coral atolls gets around One-tenth of her GDP because of her ccTLD: .tv

The small country with a population of 11,000 cannot sustain itself with only Agriculture and Fish industry. It’s unique ccTLD hence, comes as a blessing in disguise. 

According to a deal VeriSign pays $5 Million every year for administering .tv domains. The latest GDP figures for the country (2019) stands at $47.3 Million

.tv which can also be used as an abbreviation for Television and is extremely popular. Especially with all the online streaming platforms coming along. In fact Twitch, a subsidiary of Amazon, operates on the domain name Twitch.tv.

So now before underestimating ccTLDs, think of Tuvalu. Or rather of .tv!

By The Wizard

Join us on Instagram

Verified by ExactMetrics