Business news from Ukraine


26 April , 2018  

Open data in 2017 brought more than $700 million, or 0.67% of GDP, into the economy of Ukraine, according to a study conducted by the Kyiv School of Economics (KSE) in partnership with the London-based Open Data Institute. “If Ukraine continues to work with open data, in particular publish datasets from government decree No. 835, then economic benefits from open data until 2025 will be up to $1.4 billion, or 0.92% of GDP,” said KSE member Artur Kovalchuk, who is one of the authors of the study.
The study finds that today about 3,000-4,000 people directly work with open data, and its further development will translate into the need for personnel with experience in collecting, analyzing, using data.
In addition, Project Manager of the USAID/ UK aid-funded Transparency and Accountability in Public Administration and Services program /TAPAS Petro Matiaszek says that according to the research, the potential of open data in Ukraine is fully comparable with that of the EU. Thus, a recent study by Capgemini for the European Commission estimates direct effects from opening authorities’ data in the EU countries by 2020 vary within 0.37-1.58% of GDP (EUR 55.3 billion).
The study “Economic Potential of Open Data for Ukraine” was conducted with the support of the State Agency for E-Governance and is the first attempt to assess the direct economic effect of opening government data and the potential created by such data for the national economy.
The findings of the research, methodology and other data are available at