IMF Standards FOR DATA DISSEMINATION

E-GDDS

The Enhanced General Data Dissemination System (e-GDDS) is the first tier of the IMF Data Standards Initiatives. It was introduced in 2015 to help countries improve data transparency, encourage statistical development, and create synergies between data dissemination and surveillance. By doing so, it improves efficiency in data sharing and identifies critical gaps to help prioritize capacity development and donor support. 

Many countries participate in the e-GDDS as a framework for publishing essential economic data and advancing to the higher tier, the SDDS. As of end-2022, 112 countries participate in the e-GDDS, of which 73 countries publish data through their NSDPs. Over half of the countries that are yet to publish the data are fragile states, and the IMF work is ongoing to support these countries fully implement the e-GDDS.

IMF research shows that when countries implement the e-GDDS or when they advance to subscribe to the SDDS, they experience a significant reduction in their sovereign spreads. Greater data transparency is rewarded with lower borrowing costs.