## Iceland: Report on the Observance of Standards and Codes (ROSC)—Data Module

_IMF Staff Country Reports, November 22, 2005_

## Source details

**Canonical URL:** [Iceland: Report on the Observance of Standards and Codes (ROSC)—Data Module](https://www.imf.org/en/publications/cr/issues/2016/12/31/iceland-report-on-the-observance-of-standards-and-codes-rosc-data-module-18715)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/iceland-report-on-the-observance-of-standards-and-codes-rosc-data-module-18715/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/iceland-report-on-the-observance-of-standards-and-codes-rosc-data-module-18715/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/iceland-report-on-the-observance-of-standards-and-codes-rosc-data-module-18715/bundle-manifest.json)

## Bibliographic details
- Published: November 22, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451819311.002

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### Overview
- Report scope: Report on the Observance of Standards and Codes on Data Module for Iceland highlighting Data Module, response by the authorities, and detailed assessments using the data quality assessment framework.
- Overall assessment: Iceland’s macroeconomic statistics are generally of high quality and are adequate to conduct effective surveillance.
- Institutional observation: There is a high degree of quality awareness among Iceland’s statistical managers.
- Noted limitations: Some deficiencies exist in the periodicity and timeliness of the producer price index, and in the timeliness of central government finance statistics.
- Publication date: November 22, 2005

### Key findings and assessments
- Macroeconomic statistics quality: Generally of high quality; adequate to conduct effective surveillance.
- Statistical management: High degree of quality awareness among Iceland’s statistical managers.
- Specific statistical areas assessed (as listed in source subjects):
  - Balance of payments statistics
  - Consumer price indexes
  - Data collection
  - Economic and financial statistics
  - Monetary statistics
  - Prices
  - Producer price indexes

### Deficiencies and issues identified
- Producer price index:
  - Deficiencies in periodicity and timeliness.
- Central government finance statistics:
  - Deficiencies in timeliness.

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## Content in this bundle

- **1.   Data Quality Assessment Framework July 2003—Summary Results**
  - [1.   Data Quality Assessment Framework July 2003—Summary Results (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr05414.pdf.md){rel="alternate" type="text/markdown"}
  - [1.   Data Quality Assessment Framework July 2003—Summary Results (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2005/_cr05414.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/iceland-report-on-the-observance-of-standards-and-codes-rosc-data-module-18715_