In addition to the Dankort-model we are working on the use of taxcollection data – that is data for VAT- and income tax revenues and employer contributions – to create indicators for the real economy. This is work still in progress.
My fourth and last statistical example is a new, and hopefully improved, model for estimating the “direct investment income” item on the balance of payments. This item has often been significantly revised, which has generated uncertainty about the preliminary current-account balance. Other countries are struggling with the same problem. The novelty is that the compilation method now includes data on the expected economic development.