IMF Conference

13th Statistical Forum: Measuring Cross-Border Economic and Financial Linkages in a Dynamic World

November 19-20, 2025

The 13th Statistical Forum of the International Monetary Fund (IMF) will take place in hybrid format (in person and virtually) in Washington, D.C. from November 19 to 20, 2025. The Forum is a platform for policymakers, researchers, the private sector, regulators, and compilers of economic and financial data to come together to discuss cutting edge issues in macroeconomic and financial statistics and to build support for statistical improvements.

The theme of this year’s Statistical Forum is Measuring Cross-border Economic and Financial Linkages in a Dynamic World. The ongoing changes in the global economy emanating from globalization, digitalization, and innovations in financial markets and instruments are becoming more complex. Accurate measurement of these international interactions is needed to assist policymakers, macroeconomists, and businesses in making informed decisions at the time of increased uncertainty. The 13th Statistical Forum will explore how the recently updated International Statistical Standards, the Integrated Balance of Payment and International Investment Position Manual, seventh edition (BPM7) and System of National Accounts 2025 Manua (SNA2025), can help address some of the current measurement gaps and explore any new, emerging gaps that may need to be addressed by the statistical community.

13th IMF Statistical Forum Registration ▶

You may replay the 2-day conference via the Webex links below:

Day 1

Day 2

Agenda

WEDNESDAY, November 19, 2025

Speaker Bios

8:30-9:00am Registration
9:00-9:10am

Introduction to the Forum

Bert Kroese, Chief Statistician and Data Officer, and Director of IMF Statistics Department

9:10-10:00am

Session I: Opening Address

Keynote Speech:

Simon Johnson, Professor, Massachusetts Institute of Technology, Sloan School of Management

One-on-one Discussion:

Nigel Clarke, Deputy Managing Director, IMF

Simon Johnson, Professor, Massachusetts Institute of Technology, Sloan School of Management

10:00-10:30am Coffee Break
10:30am-12:00pm

Session II: Who is Making What with Whom? The Role of Global Producers and How to Measure Them

The session will discuss the macroeconomic impact of multi-national enterprises (MNEs), global supply chains, and factoryless goods production and identify data needs to better understand international trade and investment flows and national income aggregates.

Moderator: Cheng Hoon Lim, IMF Statistics Department

Sourish Dutta (Vivekananda Institute of Professional Studies), The Anatomy of Value Creation: Input-Output Linkages, Policy Shifts, and Economic Impact in India's Mobile Phone GVC

Paper | Presentation

Christina Palmou (OECD), Understanding Supply Chains in OECD countries from VAT Transaction Data

Paper | Presentation

Oscar Lemmers (Statistics Netherlands), Estimating Granular Product-Level Trade in Global Value Chains Using Public Data

Kieran Lind (The Office for National Statistics, UK), Globalisation in the UK National Accounts: Pharmaceuticals

Paper | Presentation

Questions and Answers

12:00-1:30pm Lunch: The One Billion Data Points Project: How the IMF’s Multi-regional Input Output Tables Can Improve Our Understanding of Global Interconnectedness?
1:30-3:00pm

Session III: Who is Buying What from Whom? The Role of Global Consumers and How to Measure Them

This session will explore whether we have the right data and statistical processes to measure digitally ordered goods and services (e.g., streaming videos, online gaming, vacation packages, social media cultural content, AI subscription services, start-up financing, and donations) and adjust traditional macroeconomic statistics in a consistent way to support policy making.

Moderator: Nigel Chalk, IMF Western Hemisphere Department

Brian Mbazuvara (Central Bank of Namibia), Using Card Data to Measure E-commerce Transactions with Non-residents in Namibia

Paper | Presentation

Annabelle Mourougane (OECD), Deriving Experimental Estimates of Digital Trade

Paper | Presentation

Atika Nashirah Hasyyati (Statistics Indonesia), Estimating Household Trade in Digital Services

Presentation

Robert Zymek (IMF Research Department), Bilateral Trade in Services: Insights from a New Database

Paper | Presentation

Questions and Answers

3:00-3:30pm Coffee Break
3:30-5:00pm

Session IV: Panel Discussion

Navigating Cross-border Policy Challenges in a Dynamic World – Emerging Data Gaps

This session will explore how to inform key policy decisions related to recent policy-induced trade developments, changes in international investment patterns, interaction of capital flows with financial innovation and illicit financial flows, and cross-border flows of labor and remittances with adequate data.

Moderator: Mariana Kotzeva, Eurostat

Martin Galstyan, The Central Bank of Armenia

Gian Maria Milesi-Ferretti, The Brookings Institution

Robert Koopman, American University

Petia Topalova, IMF Research Department

5:00-6:30pm Cocktail Reception
THURSDAY, November 20, 2025
9:00-10:15am

Session V: Beyond the Ledger: Measuring Cross-border Flows in the Age of Digital Finance

This session will examine how rapid advances in financial technology and digital payment adoption are altering the landscape of international finance, with a focus on the data needed to understand the implications for traditional economic aggregates, financial stability, regulatory oversight, and efforts to address illicit financial flows.

Moderator: Yan Liu, IMF Legal Department

Ulf Lewrick (BIS), Implications of Financial Innovation for Measuring Financial Flows

Paper | Presentation

Andrei Kirilenko (University of Cambridge, Judge Business School), Bytes Crossing Borders

Presentation

Bidisha Das, Paweł Pisany (IMF Statistics Department), Navigating Digital Finance in the Interconnected World: Measurement and Data Challenges

Presentation

Maksym Markevych (IMF LEG Department), Detecting Illicit Financial Flows

Presentation

Questions and Answers

10:15-10:30am Coffee Break
10:30am-12:00pm

Session VI: Recent Advances by the Global Statistical System in Measuring Cross-Border Economic and Financial Linkages

This session will discuss recent responses by statistical agencies and other institutions involved in statistical processes to develop methodologies and improve datasets to understand international economic and financial market developments.

Moderator: Jim Tebrake, IMF Statistics Department

Melle Bijlsma (De Nederlandsche Bank), Retained Earnings and the Current Account

Paper | Presentation

Sixto Muriel (National Statistical Institute of Spain), >Rethinking Data Collection Systems for a Globalized Production Landscape

Paper | Presentation

Carlos Sanchez-Munoz (IMF Statistics Department), Mapping Global Financial Interconnectedness

Paper | Presentation

Yang Can (State Administration of Foreign Exchange China), China's observation of FGP and the data bridging practices

Presentation

Amila Wijayawardhana (Central Bank of Sri Lanka), Bridging the Gap Between Immediate and Ultimate Investors: Operationalizing BPM7 Ultimate Investor Economy Recommendations Using Firm-Level Intelligence and Probabilistic Models

Paper | Presentation

Questions and Answers

12:00-1:15pm Lunch
1:15-2:30pm

Session VII: Bridging the Gaps: Minimizing Asymmetries in International Trade and Investment Statistics

The session will explore the main drivers of discrepancies in bilateral and global macroeconomic statistics and discuss current efforts to address these asymmetries.

Moderator: Gian Maria Milesi-Ferretti, The Brookings Institution

Kristy Howell (IMF Statistics Department), Findings of the Task Team on Global Asymmetries

Presentation

Mohan Pudasaini (Government of Nepal), Bilateral Trade Asymmetries between Nepal and India: Evidence from Mirror Statistics

Paper | Presentation

Martin Schmitz (European Central Bank), Mind the Gap: Analysing Asymmetries in the Bilateral Euro Area–US Current Account

Paper | Presentation

Robert Leisch (Eurostat), Activities of Non-Resident VAT-Traders in the EU and the Needed IMTS Adjustments for BOP purposes

Paper | Presentation

Questions and Answers

2:30-2:45pm Coffee break
2:45–3:55pm

Session VIII: Closing Data Gaps: How Implementing the Updated BPM and SNA Can Improve Our Understanding of Cross-Border Economic and Financial Linkages

This session will feature presentations from agencies actively working to elaborate and implement BPM7 and SNA2025 recommendations.

Moderator: Bert Kroese, Chief Statistician and Data Officer, and Director, IMF Statistics Department

Mariana Kotzeva, Director-General, Eurostat

Andre Loranger, Chief Statistician, Statistics Canada

James Benford, Director General for Economic Statistics, The Office of National Statistics, UK

Li Ming Ong, Bank Negara Malaysia

Questions and Answers

4:00-4:50pm

Session IX: Keynote Address

In Conversation with the Deputy Managing Director

Moderator: Adam Posen, Peterson Institute for International Economics

Nigel Clarke, Deputy Managing Director, IMF

Dr. Catherine L Mann, External member of the Monetary Policy Committee, Bank of England

4:50-5:00pm

Closing Remarks

Bert Kroese, Chief Statistician and Data Officer, and Director of IMF Statistics Department