The cooperation between Danmarks Nationalbank and Statistics

The cooperation between
Danmarks Nationalbank and
Statistics Denmark on
dissemination
EU Twinning Project
Component E.2
Meeting in Bank of Israel
25 June 2013
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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 nonstatistical 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

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>> 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
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>> StatBank.dk
Live demo #1:
 Selection of tables
 Demonstration of output formats
 Quality Declarations and other metadata
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>> 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
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>> 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
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>> Nationalbanken/StatBank.dk
Live demo #2:
 Selection of table on the website of DN
 Selection of similar table on StatBank.dk
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>> 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
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