Jump to first page Workshop on Statistics on International Trade in Services 1 VII. INTERNATIONAL STANDARDS UNSD REQUIREMENTS IMF INITIATIVES ON DATA QUALITY

Jump to first page Workshop on Statistics on International Trade in Services 2 UNSD REQUIREMENTS Improved data on international trade in services Conforms to international standards (acceptable concepts and methods) Internally consistent (between partner countries)

Jump to first page Workshop on Statistics on International Trade in Services 3 VII. INTERNATIONAL STANDARDS IMF INITIATIVES RELATED TO DATA QUALITY GDDS SDDS DQAF ROSC

Jump to first page Workshop on Statistics on International Trade in Services 4 Data Quality: IMF Initiatives Two initiatives to assess data quality SDDS Identifies best practices in the dissemination of data 4 dimensions: the data, public access to the data, integrity of the data, and data quality Concerns specific countries, which must observe specific standards GDDS Approach similar to SDDS with respect to data quality Open to all IMF Members Less prescriptive than SDDS Emphasis: long-term

Jump to first page Workshop on Statistics on International Trade in Services 5 n BOP trade in services data BOP/EBOPS International dissemination n Information available on commercial presence Availability and dissemination of FATS statistics Alternative: FDI data Data Availability and Dissemination by International Organizations

Jump to first page Workshop on Statistics on International Trade in Services 6 Availability of BOP/EBOPS Data on Trade in Services Compilation of trade in services is relatively well established and widespread BPM5 standard components widely compiled: the number of countries reporting these data has more than doubled since 1997 (breakdown of exports) Significant progress was made in compiling more detailed items, and in compiling a breakdown by partner country