Posted on 09 August 2022
Indigenous communities have been engaging in international trade for millennia, and well before the advent of the contemporary global economy we know today. In modern economies, Indigenous businesses have demonstrated remarkable resilience with tremendous growth potential.
In 2016, the Indigenous economy in Canada was estimated at $24 billion, and, according to the has the potential to grow more than triple in size. In parallel, the Māori economy of Aotearoa New Zealand, estimated at $42 billion, reflects an astonishing 60% growth between 2013-2018.
A new report from the World Economic Forum looks at how, at a time when the world is working to achieve the 2030 Sustainable Development Goals, Indigenous businesses and entrepreneurs can be a guiding force.