Overview of Programme of Working Group on Data Template and Analytical Indicators

1
Overview of Programme of Working Group on Data
Template and Analytical Indicators

• Ivo Havinga
• United Nations Statistics Division

2
Main objectives

• Determine data and meta data structure
• Review supporting statistical methodology
• Explore feasibility of national central data hubs
• Apply strategic approach with diagnostic tool

3
Data template of High Frequency Indicators (HFI)

• Purpose
• Economic monitor for macroeconomic surveillance
• Early warning signals and business cycle
  monitoring
• SNA compliant and compliant with other
  internationally accepted standards BPM, prices,
  business statistics, etc.

4
Data template of HFI

• Scope
• 12 categories (national accounts, production,
  prices, markets (labor, real estate and financial
  markets) and sectors (government, financial,
  non-financial, household and external sector)
• Periodicity and timeliness (monthly and
  quarterly)

5
Data template of HFI

• Macro structure for 12 categories
• Tier 1 (internationally accepted core set)
• Tier 2 and 3 strategic indicators (sectoral
  accounts and new indicators but less available)
  and country specific indicators
• Adaptable to specific sectoral policy needs
  agriculture and rural development and industrial
  sector indicators
• Flexible for alternative groupings for policy
  purpose (e.g. housing sector, financial sector,
  household consumption, etc.)

6
Meta data structure

• Standard harmonized structure
• Short description (basic information for
  statistical indicator at international level)
• Detailed description (SDMX format with structured
  methodological description propose limited
  chapters at country level)

7
Supporting internationally accepted statistical
standards and country practices

• UN Knowledge Base on Economic Statistics
  established
• Single entry point (23 statistical (sub) domains,
  interactive search
• Active country support in country practices
• Structure based on International Classification
  of Economic Activities
• Methodological gaps identified related to Data
  template for HFI (e.g. new order index,
  production index for construction)

8
Structure
9
National centralized data hubs

• Single access point in countries
• standard internationally accepted data and meta
  data dissemination template of HFI (Economic
  Monitor)
• tool for improved accessibility of data
• tool for harmonization and improved comparability
  of statistics and indicators
• tool for standardization of data transmission

10
Strategic approach

• Approach integration of economic statistics
• SNA as comprehensive framework
• statistical production process covering
  institutional arrangements and management
  culture, registers and frames, sources (surveys
  and use of administrative data), integration and
  communication and dissemination
• Assessment through diagnostic tool and monitoring
  and reporting using
• international classification of statistical
  activities

11
Strategic approach

• Assessment, vision and implementation including
  monitoring and reporting using
• international classification of statistical
  activities
• diagnostic tool to review integrated data
  collection
• diagnostic tool to review integrated
  dissemination of national accounts and component
  data at annual and agreed infra annual
  periodicity and timeliness

12
Thank you.