
The International Monetary Fund (IMF) created in April 1996 the Special Data Dissemination Standard (SDDS) as reaction to the Asian financial crisis in the mid 1990ies with the intention of improving transparency and relevance in the publication of macroeconomic data.
The SDDS aims at providing a central platform for public access to real, fiscal, financial and external sector indicators of an economy and by that enhancing the transparency for the concept, coverage, periodicity and timeliness of data. The standard is expected to contribute to a basis for sound macroeconomic decision-making and to an improved functioning of financial markets.
The Deutsche Bundesbank, the Federal Statistical Office, the Federal Ministry of Finance and the Federal Employment Agency are obliged to observe the standard and to provide the indicators for the relevant sectors on the National Summary Data Page (NSDP) for Germany.
The so-called metadata pages comprise the methodological, conceptual and institutional framework for the German indicators as well as the Advance Release Calendar published by the IMF, which holds the advance release dates for the relevant indicators on a quarter-ahead basis.
The observance of the standard of all subscribers is constantly monitored by the IMF and summarized on its webpage on a quarterly basis.
The Deutsche Bundesbank is responsible for the compilation of the following indicators: