This Report on the Observance of Standards and Codes data module provides a review of Azerbaijan’s data dissemination practices against the IMF’s General Data Dissemination System (GDDS), complemented by an in-depth assessment of the quality of the national accounts, consumer price index, producer price index, government finance, monetary, and balance-of-payments statistics using the Data Quality Assessment Framework. Azerbaijan meets and in many cases substantially exceeds the GDDS recommendations on periodicity and timeliness for its macroeconomic statistics. The three main agencies responsible for compiling macroeconomic data have broadly adequate legal powers.
This evaluation of technical assistance (TA) and training in statistics looks at the experience of two transition economies, Albania and Georgia, during roughly the period 2005–2010. The TA, including the training, to these countries covered all the topical areas on which the IMF’s Statistics Department’s (STA) focuses, i.e., national accounts, price statistics, and monetary, balance of payments and government finance statistics, albeit with differing emphases between the two countries. Part of the assistance was funded directly from the IMF’s budget, while other elements (in particular the peripatetic advisors) were financed externally, in these cases by the Japanese government.
This Data Module of the Report on the Observance of Standards and Codes (ROSC) provides an assessment of Azerbaijan’s macroeconomic statistics against the Special Data Dissemination Standard (SDDS) complemented by an assessment of data quality based on the IMF’s Data Quality Assessment Framework (DQAF), July 2003. The assessment reveals that Azerbaijan’s Consumer Price Index (CPI) meets Special Data Dissemination Standard (SDDS) specifications for coverage, periodicity, and timeliness. The CPI has good data sources for both weights and prices, based on well-designed household and retail establishment surveys.