Measuring the value of data and data flows
Data have become a key input into the production of many goods and services. But just
how important? What is the value of data – their contribution to economic growth and
well-being? This report discusses different approaches to data valuation, their advantages
and shortcomings and their applicability in different contexts. It argues that the
value of data depends to a large extent on the data governance framework determining
how they can be created, shared and used. In addition, the report provides estimates
of the value of data and data flows. Its focus is on the monetary valuation of data
produced by private economic actors and their recording in economic statistics. Finally,
the report puts forward a draft measurement agenda for the future.
Published on December 14, 2022
In series:OECD Digital Economy Papersview more titles