BiH Central Bank improved dissemination of BH Statistical Data

July 17, 2018 4:00 PM

The Central Bank of Bosnia and Herzegovina (CBBH) established the NSDP (National Summary Data Page) for improved dissemination of BH statistical data on its official web site.

During the previous two months, the CBBH, the Agency for Statistics of Bosnia and Herzegovina and other institutions worked together on preparing this page, which will be used for regular publication of data in the future. The publication through the standardized NSDP will enable easier and improved access to macroeconomic data for domestic and foreign users, including investors and rating agencies. At the same time, respecting the Advanced Release Calendar, timely access and increased transparency will be provided to users.

The NSDP is a standardized page for data publication within the international initiative for the Enhanced General Data Dissemination System, which has been implemented since 2015, and Bosnia and Herzegovina was among few countries in Europe that did not have this page. Other countries have a similar page, and the aim is to provide links to all key macroeconomic and social statistics in one place. The added value is a possibility to download data in a special SDMX format, which enables direct loading of data into computer systems, and the access to the appropriate metadata (data explanation) is also provided.

The Technical Mission of the International Monetary Fund (IMF) stayed in BH in the end of April 2018, and provided the necessary training to domestic institutions and helped the implementation of the necessary technical preparations and data conversion.

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