Databarometer: An International Comparison of the Data Economy

Abstract

This Etla brief introduces a method for comparing the maturity of national data economies using a composite indicator. We assess the data economy from three perspectives: the prerequisites set by the public sector, the utilization of data, and the innovation impacts within the data economy. Combined, these three sub-indicators form the Databarometer. The chosen metrics draw from publicly available data sources and cover elements such as ICT expertise, the use of artificial intelligence technologies, and data driven startups. The various indicators are integrated into a single composite indicator using the Digibarometer calculation framework developed at ETLA. Both the framework and the underlying data are openly available and well-documented, ensuring that the calculations can be easily replicated.

Publication info

Results of research
Impacts of the Data Economy
Research group
Growth, international trade and competition
Series
ETLA Muistio - ETLA Brief 149
Date
18.12.2024
Keywords
Data economy, Composite indicators, Digital innovation, Artificial intelligence, ICT capital
ISSN
2323-2463
JEL
O33, L86
Pages
14
Language
English