Oral Presentation , Page 259-263 (5)

Volume Title: 2nd IEEE International Conference on Electronic Eng., Faculty of Electronic Eng., Menouf, Egypt, 3-4 July. 2021

¹Ahmed N. K. Alfarra; ²Ahmed Hagag

¹School of Management Harbin Institute of Technology Harbin, 150001, China. Faculty of Economics and Administrative Sciences The Islamic University Gaza, 108, Palestine

²Department of Scientific Computing, Faculty of Computers and Artificial Intelligence, Benha University, Benha, 13518, Egypt

This paper forecasts the digital economy trends during a COVID-19 pandemic in the world. Considered the USA one of the world's largest economies and has recently been shifting almost completely to digital economies. Therefore, this paper used the auto-regressive integrated moving average (ARIMA) model and the gross domestic product (GDP) for the USA over the period 1960-2019. As we arrive at the peak of the COVID-19 pandemic, one of the most squeezing questions confronting us is: what is the likely effect of the ongoing emergency on the digital economy development rate? The results have been shown first that the GDP growth for both years 2020 and 2021 is approximately 6% for the USA. Second, we conclude that the COVID-19 pandemic cannot influence the countries that depend on technology and the digital economy. Thus, technology is playing a very significant role in our daily life and nations’ economies.

Digital economies; Forecasting; COVID-19; Time series analysis; GDP; ARIMA Model