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Open Data and Economic Growth
Andrew Stott
Senior Consultant
World Bank
Washington DC
23 July 2014 v0.3
@dirdigeng
andrew.stott@dirdigeng.com
Why is Open Data beneficial?
2
New Data-Driven Services
3
estate
agents/
realtors
Financial
services
builders and
other local
services
Greater Efficiency
4
Better Decisions
5
The Size of the Potential Prize
6
McKinsey Global Institute
7
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
Omidyar/Lateral Economics
9
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
What are the Open Data
Businesses
11
Suppliers
12
2004 2010
Online
publications
Pay per use Free of charge
Downloads 130,300 1,093,000
Premium
Accounts
36 69
Premium
analyses
78,000 EUR 152,000 EUR
Aggregators
13
Developers
14
Enrichers
15
Enablers
16
Measuring Benefits is not easy
17
Timescale?
18
Which data is most valuable or
most widely valuable?
19
Geospatial Reference Data: Maps & Addresses
20
Transport Information
21
Census and other detailed statistics
22
Government Spending and Procurement
23
Weather Data
National Information Infrastructure
25
How can Governments achieve
the benefits?
26
Government as Supplier
27
Government as Leader
28
Government as Catalyst
29
Government as User
30
Further Details
http://blogs.worldbank.org/ic4d/o
pen-data-economic-growth-
latest-evidence
31
Thank you
32
33

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Open Data and Economic Growth: The Latest Evidence