Sharing Economy Index


The Timbro Sharing Economy Index is the first global index of the sharing economy. The index has been compiled using traffic volume data and scraped data, and provides unique insight into the driving factors behind the peer-to-peer economy. Generally, countries with a mature Internet infrastructure and a tourism-fueled economy have large sharing economies.

Publication

Timbro Sharing Economy Index

25 July 2018

The Timbro Sharing Economy Index is the first global index of the sharing economy. The index has been compiled using traffic volume data and scraped data, and provides a unique insight into the driving factors behind the peer-to-peer economy.

4,651 service candidates worldwide were considered, 286 of which were classified as sharing economy services. Monthly traffic data was collected for the services in 213 countries. 23 of the services also received a complete count of its active suppliers using automated “web scraping” techniques.

Previous cross-country studies we have seen have employed surveys or self-reported indicators. Given the many different colloquial notions of what the sharing economy is, these studies are inherently fuzzy about what they actually measure. To overcome this problem, we developed a definition of the sharing economy that allows for an exact classification of the services. The definition, thereby, enables us to know that the data we collected is concerned with a now well-defined concept, the sharing economy.

The largest company in our data set is Airbnb, with almost 1.5 million suppliers judged as active in an average week. Of the 286 companies classified as sharing economy services, one third supply housing and one half fall into the broad category of business services.

View the full publication here

Press release

Global Report Reveals True Size of the Sharing Economy

25 July 2018

A new index from our Swedish member think tank, Timbro, reveals the size of the sharing economy using traffic data and automatic count of suppliers worldwide.

“The Timbro Sharing Economy Index is the first global index of the sharing economy. The index has been compiled using traffic volume data and scraped data, and provides unique insight into the driving factors behind the peer-to-peer economy”, says head researcher Alexander Funcke, Ph.D.

Previous reports on the size of the sharing economy have employed surveys or self-reported indicators. For the Timbro Sharing Economy Index, researchers have collected monthly traffic data for 286 services in 213 countries. A complete count of active suppliers was also conducted for 23 of the 286 services using automated web scraping techniques.

Malta (3), Croatia (6), Denmark (8) and Ireland (10) are the top EU countries on the list.

“Generally, countries with a mature Internet infrastructure and a tourism-fueled economy have large sharing economies. Consider Iceland. As the Icelandic economy was recovering from the financial crisis, the country saw a spike in tourism. The sharing economy grew rapidly to meet the demand, in a way that is hard to imagine a traditional tourist industry could have done”, says Alexander Funcke.

View the full press release here

OTHER INDICIES

Sharing Economy Index

July 25, 2018

The Timbro Sharing Economy Index is the first global index of the sharing economy. The index has been compiled using traffic volume data and... Read more »

Nanny State Index 2018

June 19, 2018

This special European Parliament edition of the Nanny State Index tracks paternalistic lifestyle regulations that the European Parliament proposed in its current and previous... Read more »

Credit Day

December 14, 2017

Credit Day is the day when European countries’ central administrations will exhaust their annual tax revenue and start living on credit to meet their... Read more »

Populism Index

February 14, 2017

Timbro’s Authoritarian Populism Index is the only Europe-wide comprehensive study that aims to shed light on whether populism poses a long-term threat. The Index... Read more »

Subscribe to a freer Europe by signing up to our mailing list