The G-20 Data Gaps Initiative aims to bridge data gaps on the build up of risk in the financial sector, cross-border linkages, vulnerabilities of domestic economies to shocks and cross-sectoral interconnectedness and to improve the communication and dissemination of official statistics. Several international bodies including the United Nations Inter Agency Group, IMF, FSB, OECD, BIS and ECB are engaged in this exercise.
Data gaps have been broadly classified into two categories; the first category is gaps for which a conceptual and statistical framework and a system of collection of data already exists, and the second is where such frameworks need to be further developed.