The Special Data Dissemination Standard: Guide for Subscribers and Users

The Special Data Dissemination Standard: Guide for Subscribers and Users

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The International Monetary Fund (IMF) launched the data standards initiatives to enhance member countriesa€™ data transparency and to promote their development of sound statistical systems. The need for data standards was highlighted by the financial crises of the mid-1990s, in which information deficiencies were seen to play a role. Under the data standards initiatives, the IMF established the Special Data Dissemination Standard (SDDS) in 1996 to provide guidance to countries that have or seek access to capital markets to disseminate key data so that users in general, and financial market participants in particular, have adequate information to assess the economic situations of individual countries. The SDDS not only prescribes that subscribers disseminate certain data categories, but also prescribes that subscribers disseminate the relevant metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. In 1997, the IMF introduced under the initiatives the General Data Dissemination System (GDDS) to provide a framework for countries that aim to develop their statistical systems, within which they can work toward disseminating comprehensive and reliable data and, eventually, meet SDDS requirements. At the Eighth Review of the Funda€™s Data Standards Initiatives in February 2012, the IMFa€™s Executive Board approved the SDDS Plus as an upper tier of the Funda€™s data standards initiatives. The SDDS Plus is open to all SDDS subscribers and is aimed at economies with systemically important financial sectors.International Monetary Fund. Statistics Dept. 1993 SNA 1995 ESA 2008 SNA ARC BIS BOP BPM5 BPM6 CBS CFS CGD CGO CPI DCS Debt Guide DQAF DQRS DSBB FLIs FSIs FSI Guide G-7 GDDS GDP GFS GFSM 1986 GFSM 2001 GGOanbsp;...

Title:The Special Data Dissemination Standard: Guide for Subscribers and Users
Author: International Monetary Fund. Statistics Dept.
Publisher:International Monetary Fund - 2014-01-07

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