Guatemala Implements the International Monetary Fund’s Enhanced General Data Dissemination System

IMF News, November 18, 2020

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Canonical URL: Guatemala Implements the International Monetary Fund’s Enhanced General Data Dissemination System

Press Release No. 20/343
Date: November 18, 2020
Guatemala has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential data through the National Summary Data Page (NSDP).
The implementation was completed while making remarkable efforts to cope with the effects of the covid-19 pandemic on data dissemination.

The e-GDDS was established by the IMF in 2015 to support:
- improved data transparency,
- encouragement of statistical development,
- creation of synergies between data dissemination and surveillance.
The NSDP is described as a national “data portal” and a one-stop publication vehicle for essential macroeconomic data covering:
- national accounts,
- government operations and debt,
- monetary and financial sector,
- balance of payments.

The NSDP is hosted by the Central Bank of Guatemala.
The NSDP utilizes the Statistical Data and Metadata Exchange.
The NSDP contains links to statistics published by:
- the Central Bank of Guatemala,
- the Ministry of Finance,
- the National Statistical Institute.
A link to Guatemala’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board.

Publication of essential macroeconomic data through the NSDP will provide:
- national policy makers and domestic and international stakeholders, including investors and rating agencies, with easy access to information critical for monitoring economic conditions and policies.
Making information easily accessible in both human and machine-readable formats will:
- allow users to have simultaneous access to timely data,
- bring greater data transparency.

Louis Marc Ducharme, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, stated: “I am confident that Guatemala will benefit from using the e-GDDS as a framework for further development of its statistical system.”

Press Release No. 20/343, November 18, 2020.