Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators.  The following methods and standards are considered:  System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process.  . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.
Dimension 5.2: Standards and Methods
Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators.  The following methods and standards are considered:  System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process.  . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.
Unweighted average of indicators in this dimension.  Scores range from 0-1, with a score of 1 representing the best possible score.
Average score for Standards and Methods indicators.