Stringent federal data privacy laws in the United States are associated with compliance costs and market inefficiencies. Based on an August 2019 report, enacting national data privacy laws could cost U.S. organizations around 440 million dollars annually on privacy audit requirements. Overall, enacting national data privacy laws in the U.S. would cost roughly 6.5 billion dollars yearly.
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ITIF. (August 5, 2019). Estimate of costs associated with targeted data regulation in the United States as of August 2019, by sector (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1046618/estimated-costs-targeted-data-regulation-2019/
ITIF. "Estimate of costs associated with targeted data regulation in the United States as of August 2019, by sector (in million U.S. dollars)." Chart. August 5, 2019. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1046618/estimated-costs-targeted-data-regulation-2019/
ITIF. (2019). Estimate of costs associated with targeted data regulation in the United States as of August 2019, by sector (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1046618/estimated-costs-targeted-data-regulation-2019/
ITIF. "Estimate of Costs Associated with Targeted Data Regulation in The United States as of August 2019, by Sector (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 5 Aug 2019, /statistics/1046618/estimated-costs-targeted-data-regulation-2019/
ITIF, Estimate of costs associated with targeted data regulation in the United States as of August 2019, by sector (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1046618/estimated-costs-targeted-data-regulation-2019/ (last visited July 28, 2026)
Estimate of costs associated with targeted data regulation in the United States as of August 2019, by sector (in million U.S. dollars) [Graph], ITIF, August 5, 2019. [Online]. Available: /statistics/1046618/estimated-costs-targeted-data-regulation-2019/
