Statistics
We help countries with compilation, management and reporting of their macroeconomic and financial statistics data. This provides more accurate understanding of their economy - including of economic vulnerabilities and risks - and helps formulate more informed policies. It also sends a message of transparency and fosters trust in government policies, thereby attracting international investors who use such statistics to gauge macroeconomic stability.
For instance: Adopting a regional, peer-learning approach, the RBI worked with 12 countries across Africa to compile and report on their Financial Soundness Indicators (FSI). Reliable data ensured countries became aware of their economic vulnerabilities, and sent a message of transparency, fostering trust in government policies.
The RBI’s areas of expertise in statistics include:
• Multisector statistical issues
• National accounts and price statistics
• Government finance statistics
• Balance of payments, external debt, foreign direct investment, and international
investment position
• Monetary and financial statistics and financial soundness indicators
• Data dissemination standards
