>> The cooperation between Danmarks Nationalbank and Statistics Denmark on dissemination EU Twinning Project Component E.2 Meeting in Bank of Israel 25.

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Presentation transcript:

>> The cooperation between Danmarks Nationalbank and Statistics Denmark on dissemination EU Twinning Project Component E.2 Meeting in Bank of Israel 25 June 2013

>> Background  Long tradition for cooperation between DN and DST  2010 amendment of Danish Law on DN  the bank’s data collection not dependant on Law on DST  the bank’s data collection may be used for non- statistical purposes (financial stability)  ”Credibility crisis” in late 1990’s regarding BoP  Media attention on Errors & Omissions  Increased cooperation between the two institutions  General Committee since 2000  With sub-committees 2

>> Today’s main areas of cooperation  Financial Accounts  Quarterly vs Yearly Accounts – specific exceptions  Balance of Payments  Current vs. Financial Accounts – specific exceptions  Data exchange and transmission  Between DN and DST – and from DST to Eurostat, OECD…  Business Register  Maintenance of population, primarily BoP/IIP survey on non-financial sector  Dissemination 3

>> StatBank.dk Live demo #1:  Selection of tables  Demonstration of output formats  Quality Declarations and other metadata 4

>> DN’s dissemination of statistics Three channels of dissemination  Newsletter (pdf) – with main tables and descriptions (soft analysis) when data are released  Statistical Tables supplement (pdf) – more tables and more detailed tables than the Newsletter  StatBank – part of DST data warehouse 5

>> Why joint DN/DST dissemination ? Why not? – prestige, credibility/trust, tradition… So, after all – why? Reasons are:  The technology of StatBank is, at the same time, advanced and user-friendly  StatBank is already there!  Statistics Denmark is, after all, the most well-known statistical producer in Denmark  Statistics Denmark is a well-recognized brand with high credibility  Users can more easily get financial data from DN and analyze it in connection with other statistics 6

>> Nationalbanken/StatBank.dk Live demo #2:  Selection of table on the website of DN  Selection of similar table on StatBank.dk 7

>> Managing DN’s StatBank tables DN is the owner of their tables (DN logo) General maintenance and updating routines  For the Dissemination Division of Statistics Denmark, the Statistics Department of DN has in many ways the same status as a (very big) subject matter division in Statistics Denmark  Deadlines, new codes/values, new tables…  Regular meetings between DN and DST’s Dissemination Division 8