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Open Data Questions

Open Data for economic growth: the latest evidence

Andrew Stott's picture
Also available in: Español

One of the key policy drivers for Open Data has been to drive economic growth and business innovation. There's a growing amount of evidence and analysis not only for the total potential economic benefit but also for some of the ways in which this is coming about. This evidence is summarised and reviewed in a new World Bank paper published today.

There's a range of studies that suggest that the potential prize from Open Data could be enormous - including an estimate of $3-5 trillion a year globally from McKinsey Global Institute and an estimate of $13 trillion cumulative over the next 5 years in the G20 countries.  There are supporting studies of the value of Open Data to certain sectors in certain countries - for instance $20 billion a year to Agriculture in the US - and of the value of key datasets such as geospatial data.  All these support the conclusion that the economic potential is at least significant - although with a range from "significant" to "extremely significant"!

Top 5 questions about World Bank Open Data 2013

Maryna Taran's picture



A year ago we wrote a post on the top 5 questions about World Bank Open Data based on thousands of email and phone queries we received from data users each week. Since then we’ve launched our user support forum and interactive help desk, which makes it easier for our data experts and support specialists to see what users have to say about the data and answer questions faster. It also gives us better data on the type of questions the users are asking. So, we’ve prepared another top 5 – this time discussing themes that the users are interested in.