Enhancing Data Management Through the Statistical Data and Metadata eXchange Standard

<p>This publication explains how developing economies that adopt the Statistical Data and Metadata eXchange (SDMX) standard will benefit from enhanced efficiency in data collection production and exchange. </p><p><br></p><p>In today's data-driven world the efficient exchange analysis and dissemination of statistical data is vital for informed decision-making and policy formulation across both government and the private sector. However the entry of new data producers and a surge in available data poses challenges for traditional statistical entities compelling them to innovate while maintaining data quality. In response the SDMX standard has emerged as a solution offering a comprehensive framework to streamline data activities and promote interoperability.</p>