## Switzerland Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus

_IMF News, January 19, 2021_

## Source details

**Canonical URL:** [Switzerland Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus](https://www.imf.org/en/news/articles/2021/01/19/pr2117-switzerland-adheres-to-the-imf-special-data-dissemination-standard-plus)

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## Bibliographic details
- Published: January 19, 2021

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### Adherence announcement
- Switzerland has completed the requirements for adherence to the IMF’s Special Data Dissemination Standard (SDDS) Plus—the highest tier of the Data Standards Initiatives.
- Date of announcement: January 19, 2021.
- Contact listed: PRESS OFFICER: Pemba Sherpa; Phone: +1 202 623-7100; Email: MEDIA@IMF.org; @IMFSpokesperson.
- Statement from IMF official: Mr. Louis Marc Ducharme, Director of the IMF’s Statistics Department and Chief Statistician and Data Officer, said: “the dissemination of the new data sets under the SDDS Plus will be invaluable in fostering a deeper understanding and more informed assessments of the performance of Switzerland’s financial sector, the cross-border-financial linkages, and the vulnerabilities of the economy to shocks.”

### Scope and purpose of SDDS Plus
- The SDDS Plus builds on the SDDS.
- Purpose: to assist statistically advanced countries with the publication of comprehensive, timely, and reliable economic and financial data.
- Target countries: those that have systematically important financial sectors integral to the working of the international monetary system.

### Data accessibility
- Switzerland’s SDDS Plus data are accessible through the Dissemination Standards Bulletin Board.
- Further DSBB information referenced: https://dsbb.imf.org

### Background on the Data Standards Initiatives
- The Data Standards Initiatives were established in the mid-1990s to enhance member countries’ data transparency and to promote the development of sound statistical systems.
- Rationale: The need for data standards was highlighted by the financial crises of the mid-1990s and again in the late-2000s, when information deficiencies were seen to play a role.
- The Data Standards Initiatives also include the SDDS and the Enhanced General Data Dissemination System (e-GDDS).

*Source: Press Release No. 21/17 — Switzerland Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus (January 19, 2021).*

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## References

- [Switzerland and the IMF](http://www.imf.org/external/country/CHE/index.htm)
- [Special Data Dissemination Standard](http://dsbb.imf.org/Applications/web/sddshome/)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [Dissemination Standards Bulletin Board](https://dsbb.imf.org/sddsplus/country/CHE/category)
- [https://dsbb.imf.org](https://dsbb.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2021/01/19/pr2117-switzerland-adheres-to-the-imf-special-data-dissemination-standard-plus_