Government finance statistics 2.0 Challenges for data scientists? Government Finance Statistics 0.0 Government Finance Statistics 1.0 % gdp 9 80 8 76 7 72 6 68 5 4 64 3 60 2 56 1 52 0 48 -1 44 -2 -3 2007 Q1 40 2008 Q2 2009 Q3 2010 Q4 Deficit (left) Norms 2012 Q1 Debt (right) 2013 Q2 2014 Q3 2015 Q4 Government Finance Statistics 1.0 Relevant? Relevant? 22 oktober 2009: “Eurostat has expressed a reservation on the data reported by Greece due to significant uncertainties over the figures notified by the Greek statistical authorities.” % bbp 0 -2 -4 2004 2004 herzien -6 -8 -10 -12 -14 2005-2009 2005-2009 herzien 2010 2010 herzien -16 -18 -20 2011 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Bron: Eurostat Relevant? % bbp 150 145 140 135 130 125 120 115 110 105 100 95 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Bron: Eurostat 2004 2004 herzien 2005-2009 2005-2009 herzien 2010 2010 herzien 2011 What is government? CAO-sector Core Goverment Public Governance National Accounts ‘Wet Normering Topinkomens’ 8 What is government? National Accounts 9 Government Finance Statistics 1.0 Delimitation sector general government decision tree Case by case data collection 1.0 • Cannot ask suppliers for sector classification • Documentation needed for decision tree: – – – – (Depending on legal type) Accounting reports Annual reports Statutes • Both unit and item nonresponse • Prioritize units: link to key figures Government Finance Statistics 2.0 ? Government Finance Statistics 2.0 Government Finance Statistics 2.0 • Find and interpret rich data sources • Manage large amounts of data • Merge data sources, ensure consistency of datasets. • Create visualizations to aid in understanding data • Present and communicate the data insights/findings • Produce answers in days rather than months • Work by exploratory analysis and rapid iteration • Produce and present results with dashboards (displays of current values) rather than papers/reports, as statisticians normally do Government Finance Statistics 2.0
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