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SDMX-initiative for exchanging national accounts data

This initiative aims to exchange national accounts data internationally using SDMX from 2014 onwards. Led by SDMX Sponsors including ECB, Eurostat, and OECD, the objective is to implement SDMX in national accounts following SNA 2008 and create Data Structure Definitions for global use. The timeline includes stakeholder needs inventory, DSD development, expert group consultations, pilot projects, and system adaptation. Regular data transmission started in Q3 2014. Suggestions for further issues, country involvement, and pilot project participation are welcome.

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SDMX-initiative for exchanging national accounts data

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  1. SDMX-initiative for exchanging national accounts data

  2. Principal goal:International exchange of all national accounts data via SDMX, from 2014 onwards

  3. Organisation • Group of SDMX Sponsors • Mandate to Steering Group SDMX-NA, consisting of the ECB, Eurostat and the OECD • Objective: “… the implementation of SDMX in national accounts according to SNA 2008 and the development, implementation and maintenance of the respective Data Structure Definitions (DSDs) for global use …”

  4. Planning • Q1, 2012: Inventory of stakeholder needs • Q2-Q3, 2012: Development of the DSDs for national accounts for global use • Q3-Q4, 2012: Consultation of NA Expert Groups • Q4, 2012 – Q2, 2013: Pilot projects • Q4, 2012 – Q2, 2013: Fine tuning of the DSDs • Q3, 2013: Release (availability in SDMX registry and on SDMX website) • Q3, 2013 – Q2, 2014: Adaptation of production systems • Q3, 2014: Start regular data transmission

  5. Points for discussion • Suggestion for issues for further consideration? • Suggestions for communication to and involvement of countries? • Countries interested in participating in pilot projects?

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