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Data Sharing

Data Sharing. Laurs Nørlund Director - National Accounts, Prices and Key Indicators Eurostat - European Commission. Werner Bier Deputy Director-General Statistics European Central Bank. Inter-Agency Group on Economic and Financial Statistics (IAG) G-20 Data Gaps Initiative. Outline.

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Data Sharing

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  1. Data Sharing Laurs Nørlund Director - National Accounts, Prices and Key Indicators Eurostat - European Commission Werner Bier Deputy Director-General Statistics European Central Bank Inter-Agency Group on Economic and Financial Statistics (IAG) G-20 Data Gaps Initiative

  2. Outline • Background • Guidelines for the pilot projects • Infrastructure • Common templates • Common protocols • Pilot projects • Progress achievedand forthcoming initiatives • national accounts • sectoral accounts • real estate prices

  3. Background • Policyneeds • Multilateral exercises • … • General objectives • reduce reporting burden of national authorities • more efficient use of resources in international organisations (IOs) • ensure data are identical and of the highest quality in the databases of IOs • improvedatadisseminationtousersglobally • SDMX • clear rules and responsibilities for data exchange and validation • OECD, ESTAT and ECB task force • reduce data discrepancies in the public domain • gainefficiency

  4. Guidelines for the pilot projects 1. Common statistical concepts and definitions 2. Globally harmonised reporting templates 3. Global data sharing (focus on published data) 4. Single point for data quality management 5. Coordinated data flow

  5. A possible data sharing model U S E R S IMF, UN, WB, ILO, BIS, otherIOs OECD Eurostat - ECB EU OECDotherthan EU World otherthan OECD

  6. Infrastructure • Statistical standards • SNA 2008 / BPM6 / international manuals • Common templates • NA main aggregates / sectoraccounts / BoP • Frequency and timeliness • Harmonisedprotocols • SDMX / Data Structure Definitions • Data quality management

  7. Pilot project Wayforward • Test the feasibility • Set up a Task Force • Scope • GDP and main aggregates • Sectoralaccounts • Deliverables: • Templates • Co-ordinates and consistent workflow • Timetable for execution

  8. Progress achieved(1)National Accounts

  9. Progress achieved(2)Sectoralaccounts

  10. Progress achieved(3)Real estatepricestatistics • Methodologicalframework – RPPI Handbook • Harmonised production in Europe

  11. Progress achieved (3)Real estatepricestatistics • Definition of the template • Establish a common Data Structure Definition– withinpricestatistics • Project on Commercial Property Price Indicators – Handbook

  12. Thankyou for your attention!

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