Brazil Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus
November 14, 2019
Brazil has completed the requirements for adherence to the IMF’s Special
Data Dissemination Standard (SDDS) Plus—the highest tier of the Data
Standards Initiatives. This makes Brazil the first country in Latin America
to adhere to the SDDS Plus.
Brazil’s SDDS Plus
data are now posted on the Dissemination Standards Bulletin Board.
Mr. Louis Marc Ducharme, Director of the IMF’s Statistics Department and
Chief Statistician and Data Officer of the IMF welcomed Brazil’s adherence
and noted that “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 Brazil’s financial sector, the
cross-border-financial linkages, and the vulnerabilities of the economy to
The SDDS Plus builds on the SDDS and its purpose is to assist statistically
advanced countries with the publication of comprehensive, timely, and
reliable economic and financial data in an environment of continuing
economic and financial integration.
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. 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). Detailed information on the
Data Standards Initiatives can be found on the Dissemination Standards Bulletin Board
IMF Communications Department
PRESS OFFICER: Pemba Sherpa
Phone: +1 202 623-7100Email: MEDIA@IMF.org