Press Release No. 18/227

The Republic of Serbia Implements the International Monetary Fund’s Enhanced General Data Dissemination System

June 8, 2018

The Republic of Serbia has launched a National Summary Data Page (NSDP) in implementing the recommendations of the Enhanced General Data Dissemination System (e-GDDS). The NSDP is a national data portal that serves as a one-stop vehicle for publishing essential macroeconomic data in both human and machine-readable formats. The NSDP is hosted by the Statistical Office of the Republic of Serbia on its website, and is available on the IMF’s Dissemination Standards Bulletin Board (DSBB) at https://dsbb.imf.org/Pages/GDDS/CtyCtgList.aspx?ctycode=SRB

Publication of essential macroeconomic data through the NSDP will provide national policy makers and a broad range of domestic and international stakeholders, including investors and rating agencies, with easy access to information that the IMF’s Executive Board has identified as critical for monitoring economic conditions and policies. Making this information simultaneously available to all users will bring greater data transparency.

To mark this major milestone in the Republic of Serbia’s statistical development, Mr. Miladin Kovačević, Director General of the Statistical Office of the Republic of Serbia, noted the following: “We are pleased to announce that the Republic of Serbia has implemented Enhanced General Data Dissemination System in cooperation with IMF. The National Summary Data Page (NSDP), posted on the website of the Statistical Office of the Republic of Serbia in coordination with the National Bank of Serbia, Ministry of Finance and Belgrade Stock Exchange will increase availability of the most important macroeconomic and fiscal data for all users. This represents a significant milestone in the development of the Statistical Office of the Republic of Serbia as the main coordinator of the national statistical system and, at the same time, another confirmation of our commitment to implement international statistical standards and continually improve quality and availability of the official statistics. Moreover, it represents a new step forward in deepening our partnership with IMF.”

Louis Marc Ducharme, Director of the IMF’s Statistics Department, welcomed this major milestone in the country’s statistical development. “I congratulate the authorities of the Republic of Serbia for the launch of the NSDP, an important step forward in data dissemination. I am confident that the Republic of Serbia will benefit from using the e-GDDS as a framework for further development of its statistical system.”

Background
The e-GDDS was endorsed by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance. The e-GDDS supersedes the GDDS, which was established in 1997. A link to the country’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board (DSBB) at https://dsbb.imf.org.

Watch this short video that gives a broad overview of the benefits of the e-GDDS.