Presentation to a World Bank conference on 23 July 2014. More detailed paper at http://blogs.worldbank.org/ic4d/open-data-economic-growth-latest-evidence
8. European Commission: Vickery & Deloitte
Open Gov Data in EU would
‒ increase business activity by up to €40 Bn/yr
‒ have total benefits up to €200 Bn/yr
Open Data was reused 10x-100x
New types of re-users, in particular SMEs.
Costs increase very little
8
10. Possible Benefits of Open Data
10
Date Study Total
(%GDP)
2013 McKinsey 4.1
2011 EC 1.5
2014 Lateral Economics 1.1
2013 Shakespeare 0.4
Normalised using IMF, World Bank and OECD data