Albania: Report on the Observance of Standards and Codes—Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework
IMF Staff Country Reports, October 31, 2006
Source details
- Canonical URL
- Albania: Report on the Observance of Standards and Codes—Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework
Other formats
Bibliographic details
- Published: October 31, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451800883.002
Executive summary
- Albania was among the first countries to participate in the General Data Dissemination System (GDDS), posting its metadata on the Dissemination Standards Bulletin Board.
- Albania’s GDDS metadata have been used as a model by other countries participating in the GDDS.
- Key recommendations to increase Albania’s adherence to internationally accepted statistical practices and enhance the analytical usefulness of its statistics include:
- additional staff resources;
- expanding and improving surveys;
- implementing measures to minimize errors in commercial banks’ reporting; and
- speeding up processes in addressing these errors.
Major thematic findings
- Participation and metadata:
- Early participation in the GDDS and posting of metadata on the Dissemination Standards Bulletin Board.
- Metadata recognized and reused by other GDDS-participating countries.
- Quality and analytical usefulness:
- Need for additional staff resources to improve statistical production and quality.
- Surveys require expansion and improvement to enhance coverage and analytical usefulness.
- Financial sector data issues:
- Commercial banks’ reporting contains errors that require measures to minimize their occurrence.
- Processes to identify and address these errors should be accelerated.
Subjects and keywords (as given)
- Subject: Balance of payments statistics, Data collection, Economic and financial statistics, Government finance statistics, Monetary statistics, National accounts
- Keywords: balance of payments, Balance of payments statistics, BoA website, CR, Data collection, enterprise, enterprises quarterly, Europe, Government finance statistics, hard copy, INSTAT staff, ISCR, Monetary statistics, revision policy