Difference between revisions of "Timeline of economic statistics"

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| 1899 || || Government statistics || {{w|Statistics Netherlands}}, also known as the Dutch Central Bureau, wuth Dutch name Centraal Bureau voor de Statistiek (CBS) is founded. || Netherlands || Netherlands
 
| 1899 || || Government statistics || {{w|Statistics Netherlands}}, also known as the Dutch Central Bureau, wuth Dutch name Centraal Bureau voor de Statistiek (CBS) is founded. || Netherlands || Netherlands
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| 1916 || || || {{w|The Conference Board}}, a non-profit business membership and research group organization that would grow to span 60 countries, is formed to mediate relationships between business and labor. It would publish several widely tracked economic indicators, such as the Total Economy Database.
 
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| 1918 || || Government statistics || The division that would later be called the {{w|Statistics of Income}} (SOI) division of the {{w|Internal Revenue Service}} (IRS) would start operating, under Dr. Edware White.<ref name=history-90-years>{{cite web|url = https://www.irs.gov/pub/irs-soi/08rpsoi90.pdf|title = Statistics of Income: A Collection of Historical Articles|accessdate = October 15, 2017|publisher = Internal Revenue Service}}</ref> It would fulfill the mandate for publication of economic statistics created by the {{w|Revenue Act of 1916}}.<ref name=soi-tax-stats-pf>{{cite web|url = https://www.irs.gov/statistics/soi-tax-stats-purpose-and-function-of-statistics-of-income-soi-program|title = SOI Tax Stats - Purpose and Function of Statistics of Income (SOI) Program|accessdate = October 15, 2017|publisher = Internal Revenue Service}}</ref> || United States || United States
 
| 1918 || || Government statistics || The division that would later be called the {{w|Statistics of Income}} (SOI) division of the {{w|Internal Revenue Service}} (IRS) would start operating, under Dr. Edware White.<ref name=history-90-years>{{cite web|url = https://www.irs.gov/pub/irs-soi/08rpsoi90.pdf|title = Statistics of Income: A Collection of Historical Articles|accessdate = October 15, 2017|publisher = Internal Revenue Service}}</ref> It would fulfill the mandate for publication of economic statistics created by the {{w|Revenue Act of 1916}}.<ref name=soi-tax-stats-pf>{{cite web|url = https://www.irs.gov/statistics/soi-tax-stats-purpose-and-function-of-statistics-of-income-soi-program|title = SOI Tax Stats - Purpose and Function of Statistics of Income (SOI) Program|accessdate = October 15, 2017|publisher = Internal Revenue Service}}</ref> || United States || United States
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| 1941 || {{dts|January 27}} || Government statistics || A formal announcement is made to establish the {{w|Central Statistical Office}} for the United Kingdom. This would be responsible for collating and publishing economic statistics for the UK, and would be succeeded by the {{w|Office of National Statistics}}. || United Kingdom || United Kingdom
 
| 1941 || {{dts|January 27}} || Government statistics || A formal announcement is made to establish the {{w|Central Statistical Office}} for the United Kingdom. This would be responsible for collating and publishing economic statistics for the UK, and would be succeeded by the {{w|Office of National Statistics}}. || United Kingdom || United Kingdom
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| 1944 || || || At a three-way meeting between the United States, United Kingdom, and Canada, Richard Stone (influenced by John Maynard Keynes), representing the UK delegation, pushes for the inclusion of government expenditure in GDP calculation, and his approach is accepted. Simon Kuznets, the main inluence in United States GDP calculation, who is not in favor of Stone's method, is not present at the meeting to oppose Stone. The change is believed to be a factor in making governments turn to increasing government spending to boost measured GDP, including European governments under pressure to show growth as a result of the {{w|Marshall Plan}} as well as developing country governments in the 1950s and 1960s.<ref name=gdp-modernity-making>{{cite book|title = The Great Invention: The Story of GDP and the Making and Unmaking of the Modern World|url = https://books.google.com/books?id=fE89DAAAQBAJ|accessdate = October 16, 2017}}</ref>{{rp|33-35}}
 
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| 1944 || {{dts|July 1}}–22 || || The {{w|Bretton Woods Conference}} is held, leading to the creation of the {{W|International Monetary Fund}} and {{w|International Bank for Reconstruction and Development}}, and currency exchange standards. The use of GDP as a measure of a country's economic standing would be attributed to this conference.<ref name=fp-gdp>{{cite web|url = http://foreignpolicy.com/2011/01/03/gdp-a-brief-history/|title = GDP: a brief history. One stat to rule them all.|last = Dickinson|first = Elizabeth|publisher = ''Foreign Policy''|date = January 3, 2011|accessdate = October 15, 2017}}</ref><ref name=solutions-journal/> || United States || Various
 
| 1944 || {{dts|July 1}}–22 || || The {{w|Bretton Woods Conference}} is held, leading to the creation of the {{W|International Monetary Fund}} and {{w|International Bank for Reconstruction and Development}}, and currency exchange standards. The use of GDP as a measure of a country's economic standing would be attributed to this conference.<ref name=fp-gdp>{{cite web|url = http://foreignpolicy.com/2011/01/03/gdp-a-brief-history/|title = GDP: a brief history. One stat to rule them all.|last = Dickinson|first = Elizabeth|publisher = ''Foreign Policy''|date = January 3, 2011|accessdate = October 15, 2017}}</ref><ref name=solutions-journal/> || United States || Various
 
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| 1946 || || Government statistics || The {{w|Institut national de la statistique et des études économiques}} (INSEE) is founded. It is the successor to the National Statistics Service in {{w|Vichy France}}. It is responsible for publishing French national income accounts and GDP numbers. || France || France
 
| 1946 || || Government statistics || The {{w|Institut national de la statistique et des études économiques}} (INSEE) is founded. It is the successor to the National Statistics Service in {{w|Vichy France}}. It is responsible for publishing French national income accounts and GDP numbers. || France || France
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| 1946 || || || As part of the {{w|Marshall Plan}}, the United States government decides to tie aid to European countries to their progress in achieving GDP growth targets. To facilitate measurement of GDP, the US asks the Organization for European Economic Cooperation (OEEC) to monitor spending and economic growth in Europe. The OEEC asks Richard Stone to establish an office in Cambridge to crunch numbers on its behalf.<ref name=gdp-modernity-making/>{{rp|35}} || France, United Kingdom || Europe
 
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| 1947 || || || The {{w|United Nations Statistics Division}} (UNSD) is formed. || ||
 
| 1947 || || || The {{w|United Nations Statistics Division}} (UNSD) is formed. || ||
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| 1983 || || || The first {{w|Survey of Consumer Finances}} (SCF) by the United States {{w|Federal Reserve Board of Governors}}, in cooperation with the U.S. Department of the Treasury, is conducted. Previously, some similar surveys were conducted by the Bureau of Agricultural Economics and by the Survey Research Center at the University of Michigan.<ref>{{cite web|url = https://www.federalreserve.gov/econres/files/1983_bull0984.pdf|title = Survey of Consumer Finances, 1983|accessdate = October 15, 2017|publisher = Federal Reserve}}</ref> || United States || United States
 
| 1983 || || || The first {{w|Survey of Consumer Finances}} (SCF) by the United States {{w|Federal Reserve Board of Governors}}, in cooperation with the U.S. Department of the Treasury, is conducted. Previously, some similar surveys were conducted by the Bureau of Agricultural Economics and by the Survey Research Center at the University of Michigan.<ref>{{cite web|url = https://www.federalreserve.gov/econres/files/1983_bull0984.pdf|title = Survey of Consumer Finances, 1983|accessdate = October 15, 2017|publisher = Federal Reserve}}</ref> || United States || United States
 
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| Early 1990s || || || The Total Economy Database is first developed by the Groningen Growth and Development Centre at the {{W|University of Groningen}}.<ref>{{cite web |url=https://www.conference-board.org/data/economydatabase/index.cfm?id=27722 |title=About Total Economy Database™ |publisher=The Conference Board |accessdate=October 5, 2017 |archiveurl=https://archive.is/C4buv |archivedate=October 5, 2017 |dead-url=no}}</ref>
+
| 1991 || || || The {{w|Federal Reserve Economic Data}} (FRED) starts off as an electronic bulletin board.<ref>{{cite web|url = https://www.stlouisfed.org/On-The-Economy/2014/November/The-History-of-FRED|title = The History of FRED|date = November 6, 2014|accessdate = October 16, 2017|publisher = Federal Reserve Bank of St. Louis}}</ref> || United States || ?
 
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| 1992 || || || The Groningen Growth and Development Centre (GGDC) is founded at the Economics Department of the {{W|University of Groningen}}.<ref>{{cite web |url=http://www.rug.nl/ggdc/aboutus/ |title=About the GGDC |publisher=University of Groningen |date=June 14, 2017 |accessdate=October 5, 2017 |archiveurl=https://web.archive.org/web/20171005210221/http://www.rug.nl/ggdc/aboutus/ |archivedate=October 5, 2017 |dead-url=no}}</ref>
 
| 1992 || || || The Groningen Growth and Development Centre (GGDC) is founded at the Economics Department of the {{W|University of Groningen}}.<ref>{{cite web |url=http://www.rug.nl/ggdc/aboutus/ |title=About the GGDC |publisher=University of Groningen |date=June 14, 2017 |accessdate=October 5, 2017 |archiveurl=https://web.archive.org/web/20171005210221/http://www.rug.nl/ggdc/aboutus/ |archivedate=October 5, 2017 |dead-url=no}}</ref>
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| Early 1990s || || || The Total Economy Database is first developed by the Groningen Growth and Development Centre at the {{W|University of Groningen}}. 2007, the database would be transferred from the University of Groningen to The Conference Board.<ref>{{cite web |url=https://www.conference-board.org/data/economydatabase/index.cfm?id=27722 |title=About Total Economy Database™ |publisher=The Conference Board |accessdate=October 5, 2017 |archiveurl=https://archive.is/C4buv |archivedate=October 5, 2017 |dead-url=no}}</ref>
 
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| 1993 || || SNA || A new version of the United Nations System of National Accounts (SNA) is published.<ref name=hsna/> This is the version of the SNA to receive its own website.<ref name=sna-93>{{cite web|url = https://unstats.un.org/unsd/nationalaccount/sna1993.asp|title = System of National Accounts 1993 - 1993 SNA|accessdate = October 15, 2017|publisher = United Nations}}</ref>
 
| 1993 || || SNA || A new version of the United Nations System of National Accounts (SNA) is published.<ref name=hsna/> This is the version of the SNA to receive its own website.<ref name=sna-93>{{cite web|url = https://unstats.un.org/unsd/nationalaccount/sna1993.asp|title = System of National Accounts 1993 - 1993 SNA|accessdate = October 15, 2017|publisher = United Nations}}</ref>
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| 2010 || {{dts|April 20}} || WDI || The World Development Indicators 2010 is released by the World Bank.<ref>{{cite web |url=https://blogs.worldbank.org/opendata/world-development-indicators-wdi010-released |publisher=The Data Blog |title=World Development Indicators (WDI) 2010 released |date=April 22, 2010 |accessdate=October 4, 2017}}</ref> || || Various
 
| 2010 || {{dts|April 20}} || WDI || The World Development Indicators 2010 is released by the World Bank.<ref>{{cite web |url=https://blogs.worldbank.org/opendata/world-development-indicators-wdi010-released |publisher=The Data Blog |title=World Development Indicators (WDI) 2010 released |date=April 22, 2010 |accessdate=October 4, 2017}}</ref> || || Various
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| 2010 || || || Ghana's government revises its official GDP numbers upward by 60%. This leads to discussion among development economists and others about the reliability of GDP numbers, and is the impetus for Morten Jerven's work on the unreliabilty of GDP statistics in Africa.<ref>{{cite web|url = https://www.washingtonpost.com/news/wonk/wp/2012/11/24/think-u-s-gdp-numbers-are-unreliable-check-out-ghanas/?utm_term=.2b88a8b49631|title = Think U.S. GDP numbers are unreliable? Check out Ghana.|last = Plumer|first = Brad|date = November 24, 2012|accessdate = October 16, 2017|publisher = ''Washington Post''}}</ref><ref>{{cite journal|url = https://www.afdb.org/fileadmin/uploads/afdb/Documents/Publications/ASJ15%20Section1%20Eng.pdf|title = Revising GDP estimates in Sub-Saharan Africa: Lessons from Ghana|last = Jerven|first = Morten|last2 = Duncan|first2 = Magnus Ebo|journal = The African Statistical Journal|volume = 15|date = August 1, 2012|accessdate = October 16, 2017}}</ref><ref>{{cite web|url = https://www.theguardian.com/business/2012/nov/20/economics-ghana|title = Lies, damn lies and GDP. Or, how Ghana went from being one of the poorest countries in the world one day to an aspiring middle-income one the next|last = Jerven|first = Morten|date = November 20, 2012|accessdate = October 16, 2017}}</ref> || Ghana || Ghana
 
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| 2011 || {{dts|April}} || WDI || The World Development Indicators 2011 is published.<ref>{{cite web |url=https://elibrary.worldbank.org/doi/abs/10.1596/978-0-8213-8709-2 |title=World Development Indicators 2011: World Development Indicators |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=http://documents.worldbank.org/curated/en/245401468331253857/World-development-indicators-2011 |title=World development indicators 2011 (English) |publisher=The World Bank |accessdate=October 4, 2017}}</ref>
 
| 2011 || {{dts|April}} || WDI || The World Development Indicators 2011 is published.<ref>{{cite web |url=https://elibrary.worldbank.org/doi/abs/10.1596/978-0-8213-8709-2 |title=World Development Indicators 2011: World Development Indicators |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=http://documents.worldbank.org/curated/en/245401468331253857/World-development-indicators-2011 |title=World development indicators 2011 (English) |publisher=The World Bank |accessdate=October 4, 2017}}</ref>
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| 2014 || {{Dts|April}}–May || WDI || The World Development Indicators 2014 is released. "Some of the changes for 2014 include new indicators for severe wasting, disaggregated by sex; national estimates for labor force participation; ratios of employment to population; and unemployment."<ref>{{cite web |url=https://blogs.worldbank.org/opendata/release-world-development-indicators014 |publisher=The Data Blog |title=Release of World Development Indicators 2014 |date=April 11, 2014 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://openknowledge.worldbank.org/handle/10986/18237 |title=World Development Indicators 2014 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://data.worldbank.org/data-catalog/world-development-report-2014 |title=World Development Report 2014 |website=Data |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://elibrary.worldbank.org/doi/abs/10.1596/978-1-4648-0163-1 |title=World Development Indicators 2014: World Development Indicators |accessdate=October 4, 2017}}</ref>
 
| 2014 || {{Dts|April}}–May || WDI || The World Development Indicators 2014 is released. "Some of the changes for 2014 include new indicators for severe wasting, disaggregated by sex; national estimates for labor force participation; ratios of employment to population; and unemployment."<ref>{{cite web |url=https://blogs.worldbank.org/opendata/release-world-development-indicators014 |publisher=The Data Blog |title=Release of World Development Indicators 2014 |date=April 11, 2014 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://openknowledge.worldbank.org/handle/10986/18237 |title=World Development Indicators 2014 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://data.worldbank.org/data-catalog/world-development-report-2014 |title=World Development Report 2014 |website=Data |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://elibrary.worldbank.org/doi/abs/10.1596/978-1-4648-0163-1 |title=World Development Indicators 2014: World Development Indicators |accessdate=October 4, 2017}}</ref>
 
|-
 
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−
| 2015 || {{dts|January}}–March || || Starting with the first quarter of 2015, India changes the way it calculates GDP. The changes shift focus from production to market prices for consumption, and also use 2011/12 as the base year for prices.<ref>{{cite web|url = https://www.wsj.com/articles/india-changes-gdp-calculation-method-1422622762|title = India Changes GDP Calculation Method. Statistics Ministry Changing Base Year for Benchmark, Switches to Market-Price Calculation|date = January 30, 2015|last = Zhong|first = Raymond|last2 = Kala|first2 = Anant Vijay|accessdate = October 15, 2017|publisher = ''Wall Street Journal''}}</ref><ref>{{cite web|url = https://www.forbes.com/sites/timworstall/2015/04/18/indias-change-in-gdp-calculation-method-seems-highly-sensible/#501f4847e235|title = India's Change In GDP Calculation Method Seems Highly Sensible|last = Worstall|first = Tim|date = April 18, 2015|accessdate = October 15, 2017|publisher = ''Forbes''}}</ref> || India || India
+
| 2015 || {{dts|January}}–March || || Starting with the first quarter of 2015, India changes the way it calculates GDP. The changes shift focus from production to market prices for consumption, and also use 2011/12 as the base year for prices.<ref>{{cite web|url = https://www.wsj.com/articles/india-changes-gdp-calculation-method-1422622762|title = India Changes GDP Calculation Method. Statistics Ministry Changing Base Year for Benchmark, Switches to Market-Price Calculation|date = January 30, 2015|last = Zhong|first = Raymond|last2 = Kala|first2 = Anant Vijay|accessdate = October 15, 2017|publisher = ''Wall Street Journal''}}</ref><ref>{{cite web|url = https://www.forbes.com/sites/timworstall/2015/04/18/indias-change-in-gdp-calculation-method-seems-highly-sensible/#501f4847e235|title = India's Change In GDP Calculation Method Seems Highly Sensible|last = Worstall|first = Tim|date = April 18, 2015|accessdate = October 15, 2017|publisher = ''Forbes''}}</ref><ref>{{cite web|url = https://manasiecon.wordpress.com/2015/05/14/the-new-contagious-crisis-called-gdp-revision/|title = The New Contagious Crisis called GDP Revision!|date = May 14, 2015|accessdate = October 16, 2017}}</ref> || India || India
 
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| 2015 || {{dts|April 15}} || WDI || The World Development Indicators 2015 is published. "Some of the new elements for 2015 include a two page MDG progress snapshot, which shows whether selected targets of the MDGs have been achieved; new indicators on Shared Prosperity, which shows that many countries have seen growth in income or consumption among the bottom 40 percent of the population in their welfare distribution; Statistical Capacity, which measures improvements in the strengths of national statistical systems; and Particulate Matter Concentrations which show that in many parts of the world, exposure to air pollution is increasing rapidly."<ref>{{cite web |url=https://blogs.worldbank.org/opendata/release-world-development-indicators015 |publisher=The Data Blog |title=Release of World Development Indicators 2015 |date=April 15, 2015 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=http://documents.worldbank.org/curated/en/795941468338533334/World-development-indicators-2015 |title=World development indicators 2015 (English) |publisher=The World Bank |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://openknowledge.worldbank.org/handle/10986/21634 |title=World Development Indicators 2015 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://elibrary.worldbank.org/doi/abs/10.1596/978-1-4648-0440-3 |title=World Development Indicators 2015: World Development Indicators |accessdate=October 4, 2017}}</ref>
 
| 2015 || {{dts|April 15}} || WDI || The World Development Indicators 2015 is published. "Some of the new elements for 2015 include a two page MDG progress snapshot, which shows whether selected targets of the MDGs have been achieved; new indicators on Shared Prosperity, which shows that many countries have seen growth in income or consumption among the bottom 40 percent of the population in their welfare distribution; Statistical Capacity, which measures improvements in the strengths of national statistical systems; and Particulate Matter Concentrations which show that in many parts of the world, exposure to air pollution is increasing rapidly."<ref>{{cite web |url=https://blogs.worldbank.org/opendata/release-world-development-indicators015 |publisher=The Data Blog |title=Release of World Development Indicators 2015 |date=April 15, 2015 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=http://documents.worldbank.org/curated/en/795941468338533334/World-development-indicators-2015 |title=World development indicators 2015 (English) |publisher=The World Bank |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://openknowledge.worldbank.org/handle/10986/21634 |title=World Development Indicators 2015 |accessdate=October 4, 2017}}</ref><ref>{{cite web |url=https://elibrary.worldbank.org/doi/abs/10.1596/978-1-4648-0440-3 |title=World Development Indicators 2015: World Development Indicators |accessdate=October 4, 2017}}</ref>

Revision as of 09:26, 16 October 2017

This is a timeline of economic statistics.

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Time period Development summary More details

Full timeline

Year Month and date Event type Details Region based Region covered
1749 Government statistics The Tabellverket (Office of Tables) is set up in Sweden. This is the predecessor to Statistics Sweden, Sweden's statistics agency that publishes economic statistics. It does include population estimates, not clear what other estimates it includes that relate to modern economic statistics. Sweden Sweden
1858 Government statistics Statistics Sweden (Swedish: Statistiska centralbyrån, abbreviated SCB) is founded. The agency is responsible for publishing Sweden's economic statistics figures to this day. Sweden Sweden
1868 Government statistics The first version of what would become the Bureau of Statistics in Japan is created. This would undergo many restructurings and renamings till reaching close to its present structure in 1984. Japan Japan
1884 Government statistics The Bureau of Labor Statistics is founded. United States United States
1899 Government statistics Statistics Netherlands, also known as the Dutch Central Bureau, wuth Dutch name Centraal Bureau voor de Statistiek (CBS) is founded. Netherlands Netherlands
1916 The Conference Board, a non-profit business membership and research group organization that would grow to span 60 countries, is formed to mediate relationships between business and labor. It would publish several widely tracked economic indicators, such as the Total Economy Database.
1918 Government statistics The division that would later be called the Statistics of Income (SOI) division of the Internal Revenue Service (IRS) would start operating, under Dr. Edware White.[1] It would fulfill the mandate for publication of economic statistics created by the Revenue Act of 1916.[2] United States United States
1921 July Government statistics The Survey of Current Business, a monthly publication, starts. It would eventually be under the Bureau of Economic Analysis. United States United States
1930s Simon Kuznets develops the initial version of the United States national income accounts and GDP calculation. In 1932, Congress asks Kuznets to begin work in 1932.[3] In 1934, Kuznets presented his progress and cautioned against its overuse.[4] In 1937, Kuznets presents completed calculations in a report to the United States Congress titled "National Income, 1929-35." United States United States
1941 January 27 Government statistics A formal announcement is made to establish the Central Statistical Office for the United Kingdom. This would be responsible for collating and publishing economic statistics for the UK, and would be succeeded by the Office of National Statistics. United Kingdom United Kingdom
1944 At a three-way meeting between the United States, United Kingdom, and Canada, Richard Stone (influenced by John Maynard Keynes), representing the UK delegation, pushes for the inclusion of government expenditure in GDP calculation, and his approach is accepted. Simon Kuznets, the main inluence in United States GDP calculation, who is not in favor of Stone's method, is not present at the meeting to oppose Stone. The change is believed to be a factor in making governments turn to increasing government spending to boost measured GDP, including European governments under pressure to show growth as a result of the Marshall Plan as well as developing country governments in the 1950s and 1960s.[5]:33-35
1944 July 1–22 The Bretton Woods Conference is held, leading to the creation of the International Monetary Fund and International Bank for Reconstruction and Development, and currency exchange standards. The use of GDP as a measure of a country's economic standing would be attributed to this conference.[6][4] United States Various
1946 Government statistics The Institut national de la statistique et des études économiques (INSEE) is founded. It is the successor to the National Statistics Service in Vichy France. It is responsible for publishing French national income accounts and GDP numbers. France France
1946 As part of the Marshall Plan, the United States government decides to tie aid to European countries to their progress in achieving GDP growth targets. To facilitate measurement of GDP, the US asks the Organization for European Economic Cooperation (OEEC) to monitor spending and economic growth in Europe. The OEEC asks Richard Stone to establish an office in Cambridge to crunch numbers on its behalf.[5]:35 France, United Kingdom Europe
1947 The United Nations Statistics Division (UNSD) is formed.
1947 The 1947 Report of the Sub-Committee on National Income Statistics of the League of Nations Committee of Statistical Experts under the leadership of Richard Stone is submitted.[7][8]
1948 Government statistics The Bureau of Statistics is founded.[9] The organization would undergo many reshuffles and renames and eventually become Statistics Korea (KOSTAT) on July 6, 2009.[9] South Korea South Korea
1951 May 2 Government statistics The Central Statistics Office (India), a government agency responsible for coordination of statistical activities in India, is set up in the cabinet secretariat. It is under the Ministry of Statistics and Programme Implementation. India India
1952 August 7 Government statistics The National Bureau of Statistics in China is founded. China China
1953 July 3 Government statistics The Federal Statistics Office of Germany is founded. Germany Germany
1953 SNA The first version of the United Nations System of National Accounts is published. This version has six standard accounts and a set of 12 standard tables presenting detail and alternative classifications of the flows in the economy. It is meant to be widely applicable across countries, both developed and developing.[7][10]
1959 Eurostat is founded with its present name. Luxembourg Europe
1960 SNA The first update (and hence second version) of the United Nations System of National Accounts is published.[7][11]
1960s Maddison Angus Maddison begins his work on long-term economic growth.[12]:3 United States Various
1961 The Economics and Statistics Administration is founded. United States United States
1964 SNA The second revision, and hence third version, of the United Nations System of National Accounts is published.[7][13]
1968 SNA A major new version of the United Nations System of National Accounts (SNA) is published.[14]
1968 The International Comparison Program is established "as a joint venture of the United Nations Statistical Division (UNSD) and the International Comparisons Unit of the University of Pennsylvania with financial contributions from the Ford Foundation and the World Bank".[15] The ICP produces internationally comparable purchasing power parity estimates.[16]
1968 International comparison work for the System of National Accounts begins at the University of Pennsylvania. "Irving Kravis, a student of Kuznets, was the original leader of the work in developing procedures for utilizing prices collected in different countries." Alan Heston joins the project during this year.[17]
1970 The first version of the European System of Accounts (ESA), an internationally compatible accounting framework used for statistical reporting in the European Union, is created.[18] Europe Europe
1971 Robert Summers joins the System of National Accounts international comparison project at the University of Pennsylvania, which would later lead to the Penn World Table.[17]
1971 The first unclassified edition of The World Factbook by the Central Intelligence Agency (CIA) in the United States is published. The Factbook includes economic statistics estimates such as GDP and GDP per capita estimates for all countries. United States Various
1971 Government statistics Statistics Canada, the agency that publishes statistics related to Canada's population, economy, society, and culture, is formed. Canada Canada
1972 January 1 The Bureau of Economic Analysis is established. United States United States
1978 PWT "Real GDP Per Capita for More Than One Hundred Countries" by Irving B. Kravis, Alan W. Heston, and Robert Summers is published. This is the paper that would lead to the Penn World Table data.[19][6]
1983 The first Survey of Consumer Finances (SCF) by the United States Federal Reserve Board of Governors, in cooperation with the U.S. Department of the Treasury, is conducted. Previously, some similar surveys were conducted by the Bureau of Agricultural Economics and by the Survey Research Center at the University of Michigan.[20] United States United States
1991 The Federal Reserve Economic Data (FRED) starts off as an electronic bulletin board.[21] United States  ?
1992 The Groningen Growth and Development Centre (GGDC) is founded at the Economics Department of the University of Groningen.[22]
Early 1990s The Total Economy Database is first developed by the Groningen Growth and Development Centre at the University of Groningen. 2007, the database would be transferred from the University of Groningen to The Conference Board.[23]
1993 SNA A new version of the United Nations System of National Accounts (SNA) is published.[7] This is the version of the SNA to receive its own website.[24]
1993–1995 Barro and Lee's growth data set, titled "Data Set for a Panel of 138 Countries", is published.[25][26][27]
1996 The first volume of the Handbook of National Accounting by the United Nations Statistics Division is published. The volume is titled Use of the System of National Accounts in Economies in Transition. Several more volumes of the handbook would be published, with the most recent one, as of 2014, being on Financial Production, Flows and Stocks in the System of National Accounts.[28]
1996 WDI The first World Development Indicators is published.[29]:8 Prior to becoming a standalone publication, the World Development Indicators was published as an appendix to the World Development Report.[30][31]:180 (Note: A World Bank blog post from 2012 calls the WDI 2012 the 16th edition of the WDI, implying that the first edition is WDI 1997. The WDI 1996, if it exists, is difficult to locate because it was probably called just "WDI" without a year.)[32] Various
1997 March–April WDI The World Development Indicators 1997 is published.[33]
1998 March–April WDI The World Development Indicators 1998 is published.[34]
1999 March–April WDI The World Development Indicators 1999 is published.[35]
1999 May WDI Possibly the first version of the Little Data Book, "a pocket version of the World Development Indicators", is published.[36] Subsequently the Little Data Book would be published (almost?) annually along with the World Development Indicators.
2000 March–April WDI The World Development Indicators 2000 is published.[37][38][39]
2001 April WDI The World Development Indicators 2001 is published.[40][41]
2002 April WDI The World Development Indicators 2002 is published.[42][43][44] Various
2002 October PWT The Penn World Table version 6.1 is released. This version "includes 168 countries and territories, for the period 1950-2000, and uses 1996 as the reference year."[45] A "PWT6" was planned for release, but due to a combination of error correction and the arrival of new data, it was never released, so the major version begins with "6.1" rather than "6.0".[46]
2003 Maddison The World Economy: Historical Statistics by Angus Maddison is published by the OECD Development Centre.
2003 April WDI The World Development Indicators 2003 is published.[47][48] Various
2004 WDI The World Development Indicators 2004 is published.[49][50]
2005 April WDI The World Development Indicators 2005 is published.[51] Various
2006 April 22 WDI The World Development Indicators 2006 is published.[52][53][54] Various
2007 April 15 WDI The World Development Indicators 2007 is released.[55][56][57] Various
2008 SNA A 2008 update to the United Nations System of National Accounts (SNA) is published.[7][58]
2008 April WDI The World Development Indicators 2008 is published.[59] Various
2009–2010 The Clio Infra project launches sometime around this period.[60] The project aims "to bring together the data that are available for analyzing the development of the world economy in the period since 1500".[61]
2009 Maddison The final update of Angus Maddison's original dataset on economic growth and development takes place.[62] Subsequent updates would take place as part of the Maddison Project.
2009 April 1 WDI The World Development Indicators 2009 is published.[63] Various
2009 August 26 PWT The Penn World Table Twitter account is created.[64]
2010 March Maddison The Maddison Project launches.[65]
2010 December 20 The first Internet Archive snapshot of the website of the Centre for Global Economic History at Utrecht University is from this day.[66]
2010 April 20 WDI The World Development Indicators 2010 is released by the World Bank.[67] Various
2010 Ghana's government revises its official GDP numbers upward by 60%. This leads to discussion among development economists and others about the reliability of GDP numbers, and is the impetus for Morten Jerven's work on the unreliabilty of GDP statistics in Africa.[68][69][70] Ghana Ghana
2011 April WDI The World Development Indicators 2011 is published.[71][72]
2011 June 3 PWT The Penn World Table 7.0 is published.[73] PWT 7.0 would be the final version produced at the University of Pennsylvania. The release notes for PWT 7.0 state: "After 2012 PWT will be jointly maintained by Robert Feenstra at UC-Davis, and Marcel Timmer and Robert Inklaar at the University of Groningen. There will be two identical websites with the identifiers, PWT at Davis and PWT at Groningen."[74]
2012 WDI The World Bank Open Knowledge Repository launches.[75]
2012 April 19 WDI The World Development Indicators 2012 is released.[32][76][77][78]
2013 April 18 WDI The World Development Indicators 2013 is released.[79][80][81][82][83] Various
2013 July 2 PWT The Penn World Table version 8.0 is published.[84][85] This is the first version that is published out of the University of California, Davis and the University of Groningen.[86]
2013 Poor Numbers: How We Are Misled by African Development Statistics and What to Do about It by Morten Jerven is published.
2014 April–May WDI The World Development Indicators 2014 is released. "Some of the changes for 2014 include new indicators for severe wasting, disaggregated by sex; national estimates for labor force participation; ratios of employment to population; and unemployment."[87][88][89][90]
2015 January–March Starting with the first quarter of 2015, India changes the way it calculates GDP. The changes shift focus from production to market prices for consumption, and also use 2011/12 as the base year for prices.[91][92][93] India India
2015 April 15 WDI The World Development Indicators 2015 is published. "Some of the new elements for 2015 include a two page MDG progress snapshot, which shows whether selected targets of the MDGs have been achieved; new indicators on Shared Prosperity, which shows that many countries have seen growth in income or consumption among the bottom 40 percent of the population in their welfare distribution; Statistical Capacity, which measures improvements in the strengths of national statistical systems; and Particulate Matter Concentrations which show that in many parts of the world, exposure to air pollution is increasing rapidly."[94][95][96][97]
2016 April 15 WDI The World Bank announces the release of the 2016 World Development Indicators on its blog. This edition includes 1,400 indicators for over 200 economies.[98] Various
2016 March 11 A government-commissioned independent review of United Kingdom economic statistics, chaired by economist Charlie Bean, publishes its final report.[99][3] The report identifies three broad types of problem with the use of GDP, as currently measured, to estimate economic levels and growth: complexity, productivity, and sustainability.[100] United Kingdom United Kingdom
2016 June 9 PWT The Penn World Table 9.0 is released.[101][102]
2017 April WDI The World Development Indicators 2017 is published.[103]

Meta information on the timeline

How the timeline was built

The initial version of the timeline was written by Issa Rice.

Funding information for this timeline is available.

What the timeline is still missing

Timeline update strategy

See also

External links

References

  1. ↑ "Statistics of Income: A Collection of Historical Articles" (PDF). Internal Revenue Service. Retrieved October 15, 2017. 
  2. ↑ "SOI Tax Stats - Purpose and Function of Statistics of Income (SOI) Program". Internal Revenue Service. Retrieved October 15, 2017. 
  3. ↑ 3.0 3.1 "The trouble with GDP. Gross domestic product (GDP) is increasingly a poor measure of prosperity. It is not even a reliable gauge of production". The Economist. April 30, 2016. Retrieved October 15, 2017. 
  4. ↑ 4.0 4.1 Costanza, Robert; Hart, Maureen; Kubiszewski, Ida; Talberth, John. "A Short History of GDP: Moving Towards Better Measures of Human Well-being". 
  5. ↑ 5.0 5.1 The Great Invention: The Story of GDP and the Making and Unmaking of the Modern World. Retrieved October 16, 2017. 
  6. ↑ 6.0 6.1 Dickinson, Elizabeth (January 3, 2011). "GDP: a brief history. One stat to rule them all.". Foreign Policy. Retrieved October 15, 2017. 
  7. ↑ 7.0 7.1 7.2 7.3 7.4 7.5 "Historic Versions of the System of National Accounts". United Nations. Retrieved October 15, 2017. 
  8. ↑ Stone, Richard. "Measurement of National Income and the Construction of Social Accounts: Report of the Sub-Committee on National Income Statistics of the League of Nations Committee of Statistical Experts" (PDF). Retrieved October 15, 2017. 
  9. ↑ 9.0 9.1 "History". Statistics Korea. Retrieved October 15, 2017. 
  10. ↑ "A System of National Accounts and Supporting Tables" (PDF). United Nations. January 1, 1953. Retrieved October 15, 2017. 
  11. ↑ "A System of National Accounts and Supporting Tables" (PDF). United Nations. January 1, 1960. Retrieved October 15, 2017. 
  12. ↑ Bolt, Jutta; van Zanden, Jan Luiten (January 2013). "The First Update of the Maddison Project Re-Estimating Growth Before 1820" (PDF). Retrieved October 3, 2017. 
  13. ↑ "A System of National Accounts and Supporting Tables" (PDF). United Nations. Retrieved October 15, 2017. 
  14. ↑ "A System of National Accounts" (PDF). United Nations. January 1, 1968. Retrieved October 15, 2017. 
  15. ↑ "International Comparison Program - History". Retrieved October 5, 2017. 
  16. ↑ "World Economic Outlook - Frequently Asked Questions". April 18, 2017. Retrieved October 5, 2017. The International Comparisons Program (ICP) is a global statistical initiative that produces internationally comparable Purchasing Power Parity (PPP) estimates. The PPP exchange rate estimates, maintained and published by the World Bank, the OECD, and other international organizations, are used by WEO to calculate its own PPP weight time series. Currently, WEO PPP exchange rates are based on the ICP’s 2011 report. 
  17. ↑ 17.0 17.1 "History of the Project". Retrieved October 5, 2017. 
  18. ↑ "EUROPEAN SYSTEM OF ACCOUNTS 1995 (ESA)". Retrieved October 15, 2017. 
  19. ↑ Johnson, Simon; Subramanian, Arvind; Larson, Will; Papageorgiou, Chris (December 7, 2009). "Is newer better? The Penn World Table growth estimates". VOX, CEPR's Policy Portal. Retrieved October 3, 2017. 
  20. ↑ "Survey of Consumer Finances, 1983" (PDF). Federal Reserve. Retrieved October 15, 2017. 
  21. ↑ "The History of FRED". Federal Reserve Bank of St. Louis. November 6, 2014. Retrieved October 16, 2017. 
  22. ↑ "About the GGDC". University of Groningen. June 14, 2017. Archived from the original on October 5, 2017. Retrieved October 5, 2017. 
  23. ↑ "About Total Economy Database™". The Conference Board. Archived from the original on October 5, 2017. Retrieved October 5, 2017. 
  24. ↑ "System of National Accounts 1993 - 1993 SNA". United Nations. Retrieved October 15, 2017. 
  25. ↑ "Data Set for a Panel of 138 Countries". September 29, 1994. Archived from the original on October 6, 2017. Retrieved October 6, 2017. 
  26. ↑ "Growth data sets". Archived from the original on October 6, 2017. Retrieved October 6, 2017. Barro-Lee (1993) growth data set 
  27. ↑ "Economic Growth Resources". Archived from the original on October 6, 2017. Retrieved October 6, 2017. This page gives instructions on how to obtain the cross-country data set used in the 1995 book by Robert Barro and Xavier Sala-i-Martin, Economic Growth. 
  28. ↑ "National Accounts Publications". United Nations Statistics Division. Retrieved October 15, 2017. 
  29. ↑ "Behind the Scenes of World Bank Data" (PDF). Retrieved October 3, 2017. First free standing publication in 1996 
  30. ↑ "World Development Indicators 1997" (PDF). International Bank for Reconstruction and Development/World Bank. March 1997. Retrieved October 4, 2017. 
  31. ↑ "World Development Report 1996: From Plan to Market". 1996. Retrieved October 3, 2017. A new, freestanding, and more comprehensive World Development Indicators will appear in the autumn of 1996. The traditional annex to the World Development Report is being replaced in this edition by a set of Selected World Development Indicators drawn from the WDI data sets. 
  32. ↑ 32.0 32.1 "World Development Indicators 2012 now available". The Data Blog. April 19, 2012. Retrieved October 4, 2017. 
  33. ↑ "World development indicators 1997 (English)". The World Bank. Retrieved October 4, 2017. 
  34. ↑ "World development indicators 1998 (English)". The World Bank. Retrieved October 4, 2017. 
  35. ↑ "World development indicators 1999 (English)". The World Bank. Retrieved October 4, 2017. 
  36. ↑ "The little data book 1999 (English)". The World Bank. Retrieved October 4, 2017. 
  37. ↑ "World Development Indicators 2000: Default Book Series". Retrieved October 4, 2017. 
  38. ↑ "World development indicators 2000 (English)". The World Bank. Retrieved October 4, 2017. 
  39. ↑ "World Development Indicators 2000". Retrieved October 4, 2017. 
  40. ↑ "World Development Indicators 2001: Default Book Series". Retrieved October 4, 2017. 
  41. ↑ "World development indicators 2001 (English)". The World Bank. Retrieved October 4, 2017. 
  42. ↑ "World Development Indicators 2002: World Development Indicators". Retrieved October 4, 2017. 
  43. ↑ "World development indicators 2002 (English)". The World Bank. Retrieved October 4, 2017. 
  44. ↑ "World Development Indicators 2002". Retrieved October 4, 2017. 
  45. ↑ "PWT 6.1 | PWT earlier releases | Penn World Table | Productivity | Productivity | University of Groningen". Retrieved October 5, 2017. 
  46. ↑ "What is Different, What is New?" (PDF). February 21, 2003. Retrieved October 5, 2017. 
  47. ↑ "World Development Indicators 2003: World Development Indicators". Retrieved October 4, 2017. 
  48. ↑ "World development indicators 2003 (English)". The World Bank. Retrieved October 4, 2017. 
  49. ↑ "World Development Indicators 2004". Retrieved October 4, 2017. 
  50. ↑ "World development indicators 2004 (English)". The World Bank. Retrieved October 4, 2017. 
  51. ↑ "World Development Indicators 2005: World Development Indicators". Retrieved October 4, 2017. 
  52. ↑ "News & Broadcast - World Bank Data Show Growth Rates Converging Among Developing Regions". Retrieved October 4, 2017. 
  53. ↑ Ignacio Hernandez (May 3, 2006). "World Development Indicators 2006". Growth and Crisis. Retrieved October 4, 2017. 
  54. ↑ "World Development Indicators 2006". Retrieved October 4, 2017. 
  55. ↑ "News & Broadcast - Poverty Drops Below 1 Billion, says World Bank". Retrieved October 4, 2017. 
  56. ↑ Ignacio Hernandez (April 16, 2007). "World Development Indicators 2007". Growth and Crisis. Retrieved October 4, 2017. 
  57. ↑ "World Development Indicators 2007: World Development Indicators". Retrieved October 4, 2017. 
  58. ↑ "System of National Accounts 2008 - 2008 SNA". United Nations. Retrieved October 15, 2017. 
  59. ↑ "World Development Indicators 2008: World Development Indicators". Retrieved October 4, 2017. 
  60. ↑ "Main Page - Clio Infrastructure". Retrieved October 3, 2017. This page was last modified 09:28, 31 August 2009. 
  61. ↑ "Clio Infra - Research Infrastructure for the study of Global Inequality". Centre for Global Economic History - Utrecht, the Netherlands. Retrieved October 3, 2017. 
  62. ↑ "Original Maddison Homepage". Retrieved October 3, 2017. 
  63. ↑ "World Development Indicators 2009". Retrieved October 4, 2017. 
  64. ↑ "Penn World Table (@PennWorldTable)". Twitter. Retrieved October 4, 2017. 
  65. ↑ "Maddison Project". Retrieved October 3, 2017. The Maddison Project has been initiated in March 2010 by a group of close colleagues of Angus Maddison, with the aim to support an effective way of cooperation between scholars to continue Maddison's work on measuring economic performance for different regions, time periods and subtopics. 
  66. ↑ "Centre for Global Economic History at Utrecht University | Center for Global Economic History - Utrecht, the Netherlands". Archived from the original on December 20, 2010. 
  67. ↑ "World Development Indicators (WDI) 2010 released". The Data Blog. April 22, 2010. Retrieved October 4, 2017. 
  68. ↑ Plumer, Brad (November 24, 2012). "Think U.S. GDP numbers are unreliable? Check out Ghana.". Washington Post. Retrieved October 16, 2017. 
  69. ↑ Jerven, Morten; Duncan, Magnus Ebo (August 1, 2012). "Revising GDP estimates in Sub-Saharan Africa: Lessons from Ghana" (PDF). The African Statistical Journal. 15. Retrieved October 16, 2017. 
  70. ↑ Jerven, Morten (November 20, 2012). "Lies, damn lies and GDP. Or, how Ghana went from being one of the poorest countries in the world one day to an aspiring middle-income one the next". Retrieved October 16, 2017. 
  71. ↑ "World Development Indicators 2011: World Development Indicators". Retrieved October 4, 2017. 
  72. ↑ "World development indicators 2011 (English)". The World Bank. Retrieved October 4, 2017. 
  73. ↑ "PWT 7.0 | PWT earlier releases | Penn World Table | Productivity | Productivity | University of Groningen". Retrieved October 5, 2017. 
  74. ↑ "Description of PWT 7.0" (PDF). June 3, 2011. Retrieved October 5, 2017. 
  75. ↑ "About". World Bank. Retrieved October 4, 2017. Since its launch in 2012, millions of publications have been downloaded from the OKR, and nearly half of its users are in developing countries. 
  76. ↑ "World Development Indicators 2012: World Development Indicators". Retrieved October 4, 2017. 
  77. ↑ "World development indicators 2012 (English)". The World Bank. Retrieved October 4, 2017. 
  78. ↑ "World Development Indicators 2012". Retrieved October 4, 2017. 
  79. ↑ "World Development Indicators 2013 Released". World Bank. Retrieved October 4, 2017. 
  80. ↑ "World Development Indicators 2013 now available". The Data Blog. April 18, 2013. Retrieved October 4, 2017. 
  81. ↑ "World development indicators 2013 (English)". The World Bank. Retrieved October 4, 2017. 
  82. ↑ "World Development Indicators 2013: World Development Indicators". Retrieved October 4, 2017. 
  83. ↑ "World Development Indicators 2013". Retrieved October 4, 2017. 
  84. ↑ "PWT 8.0 | PWT earlier releases | Penn World Table | Productivity | Productivity | University of Groningen". Retrieved October 5, 2017. 
  85. ↑ Arvind Subramanian. "The New Penn World Tables". Center For Global Development. Retrieved October 3, 2017. 
  86. ↑ "The Next Generation of the Penn World Table" (PDF). Retrieved October 5, 2017. 
  87. ↑ "Release of World Development Indicators 2014". The Data Blog. April 11, 2014. Retrieved October 4, 2017. 
  88. ↑ "World Development Indicators 2014". Retrieved October 4, 2017. 
  89. ↑ "World Development Report 2014". Data. Retrieved October 4, 2017. 
  90. ↑ "World Development Indicators 2014: World Development Indicators". Retrieved October 4, 2017. 
  91. ↑ Zhong, Raymond; Kala, Anant Vijay (January 30, 2015). "India Changes GDP Calculation Method. Statistics Ministry Changing Base Year for Benchmark, Switches to Market-Price Calculation". Wall Street Journal. Retrieved October 15, 2017. 
  92. ↑ Worstall, Tim (April 18, 2015). "India's Change In GDP Calculation Method Seems Highly Sensible". Forbes. Retrieved October 15, 2017. 
  93. ↑ "The New Contagious Crisis called GDP Revision!". May 14, 2015. Retrieved October 16, 2017. 
  94. ↑ "Release of World Development Indicators 2015". The Data Blog. April 15, 2015. Retrieved October 4, 2017. 
  95. ↑ "World development indicators 2015 (English)". The World Bank. Retrieved October 4, 2017. 
  96. ↑ "World Development Indicators 2015". Retrieved October 4, 2017. 
  97. ↑ "World Development Indicators 2015: World Development Indicators". Retrieved October 4, 2017. 
  98. ↑ Fantom, Neil; Khokhar, Tariq; Purdie, Edie (April 15, 2016). "The 2016 edition of World Development Indicators is out: three features you won't want to miss". The Data Blog. Retrieved October 4, 2017. 
  99. ↑ "Independent review of UK economic statistics: final report". United Kingdom Government. 
  100. ↑ Coyle, Diane (April 25, 2016). "The challenges for GDP, now and in the future". Retrieved October 15, 2017. 
  101. ↑ "Penn World Table on Twitter". Twitter. Retrieved October 5, 2017. PWT version 9.0 has just been released with data for 182 countries from 1950-2014. Find this new version at http://www.rug.nl/research/ggdc/data/pwt/pwt-9.0 
  102. ↑ Robert Inklaar (June 9, 2016). "PWT 9.0 has been released | GGDC | Groningen Growth and Development Centre | University of Groningen". Archived from the original on October 5, 2017. Retrieved October 5, 2017. 
  103. ↑ "World Development Indicators 2017". Retrieved October 4, 2017. 
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