Open Data and Economic Growth

Andrew Stott Senior ConsultantWorld Bank

Washington DC23 July 2014 v0.2

@dirdigengandrew.stott@dirdigeng.com

Why is Open Data beneficial?

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New Services

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estate agents/ realtors

Financial services

builders and other local services

Greater Efficiency

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Better Decisions

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The Size of the Potential Prize

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McKinsey Global Institute

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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

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Omidyar/Lateral Economics

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Mechanism % of Aus GDP

Trade facilitation 0.10

Fiscal and Monetary Policy 0.23

Anti-Corruption 0.10

Employment Efficiency 0.22

Energy Efficiency 0.11

Infrastructure – optimising use 0.13

Infrastructure – efficiency in building 0.10

Possible Benefits of Open Data

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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

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Suppliers

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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

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Developers

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Enrichers

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Enablers

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Measuring Benefits is not easy

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Timescale?

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Which data is most valuable or most widely valuable?

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Geospatial Reference Data: Maps & Addresses

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Transport Information

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Census and other detailed statistics

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Government Spending and Procurement

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Weather Data

How can Governments achieve the benefits?

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Government as Supplier

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Government as Leader

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Government as Catalyst

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Government as User

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How far is this potential available to developing countries?

Relative size of sectors?Gaps between current and potential

efficiency?Availability of data?Public Management model?Infrastructure?Skills?Business environment?Markets for data-rich services?

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Thank you

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