Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth
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Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands Statistics Netherlands Why construct indicator sets and visualisations? (I) • Improve accessibility of data • User needs • Facilitate interpretation and/or analysis Statistics Netherlands Why construct indicator sets and visualisations? (II) • Showcase available range of statistics • Exploit available knowledge • Strengthen position NSI • Some early warning functionality Statistics Netherlands Functions • Accessibility • Monitoring • Analysis lower I n f o r m a t i o n c o n t e n t C o m p l e x i t y Higher Statistics Netherlands c a p a b i l i t i e s B e n c h m a r k i n g Levels of complexity Function Type of indicator set Accessibility Collecting Descriptive Monitoring Summarising Analysis Statistics Netherlands Analytical Financial Accounts Overview EMU-debt, % of GDP 90% Assets government, % of GDP 90% 80% 80% 70% 70% 60% 60% 50% 50% 40% 40% 30% 30% 20% 20% 10% 10% 0% 0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 1997 2009 Data collection Collect&present available data on 1 subject Liabilities households and nonprofit institutions serving households, % of GDP 350% 300% 1998 1999 2000 Loans EMU-debt 2002 2003 2004 2005 2006 2007 2008 2009 Other accounts Assets households and nonprofit institutions serving households, % of GDP 350% 300% 250% 250% 200% 200% 150% 150% 100% 100% 50% 50% 0% 0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 Loans 2006 2007 2008 2009 1997 1998 1999Other 2000accounts 2001 2002 2003 2004 2005 2006 2007 2008 2009 Insurance, pension and guarantee schemes Equity and investment fund shares Currency and deposits Other accounts Liabilities non-financial corporations, % of GDP 350% Assets non-financial corporations, % of GDP 350% 300% 300% 250% 250% 200% 200% 150% 150% 100% 100% 50% 50% 0% 0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Other accounts Equity and investment fund shares Loans 2007 2008 2009 Liabilities other monetary financial institutions, % of GDP 400% 350% 1997 350% 300% 300% 250% 250% 200% 200% 150% 150% 100% 100% 1998 1999 2000 2001 2002 Currency and deposits Equity and investment fund shares 2003 2004 2005 2006 Loans Other accounts 2007 2008 2009 Assets other monetary financial institutations, % of GDP 400% 50% 50% 0% 0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Other accounts Debt securites and financial derivatives Currency and deposits 2007 2008 1997 2009 Liabilities insurance corporations, % of GDP 80% 1998 70% 60% 60% 50% 50% 40% 40% 30% 30% 20% 20% 1999 2000 2001 2002 2003 2004 2005 2006 Other accounts Loans Debt securities and financial derivatives Currency and deposits 2007 2008 2009 Assets insurance corporations, % of GDP 80% 70% 10% 10% 0% 0% 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 1997 1998 1999 Other accounts Insurance, pension and guarantee schemes Equity and investment fund shares Liabilities pension funds, % of GDP 140% 120% 100% 100% 80% 80% 60% 60% 40% 40% 2000 2001 2002 2003 2004 2005 2006 Other accounts Equity and investment fund shares Loans Debt securities and financial derivatives 2007 2008 2009 Assets pensions funds, % of GDP 140% 120% 20% Statistics Netherlands 2001 Equity and investment fund shares 20% 0% 0% 1997 1998 1999 2000 2001 2002 2003 2004 Insurance, pension and guarantee schemes 2005 2006 2007 2008 2009 Other accounts 1997 1998 1999 2000 2001 2002 2003 2004 2005 Other accounts Equity and investment fund shares Loans 2006 2007 2008 2009 Descriptive Collect, structure and select available indicators to give a more complete description of developments in a subject Statistics Netherlands Summarising Structure indicator set to give a general overview of situation concerning certain subject Assesment foreign order book 3 Most recent Previous month 12 months ago 2 1 Eurozone; producers' confidence 0 Germany; producers' confidence -1 -2 -3 Eurozone; Export order book Germany; industrial production Real effective exchange rate Statistics Netherlands Analytical Combine and process data to arrive at a characterisation of a certain economic phenomenon Labour market tension gauge (experimental) Stronger than average 3 - increasing tension 4 - high tension 2006Q1-2010Q2 2010 Q2 Looser than average Tighter than average Demand for additional Available supply of additional labour 2 - loose Statistics Netherlands 1 - decreasing tension Weaker than average Pitfalls • Visualising for the sake of it • Eye candy • Confusion of purpose Statistics Netherlands Statistics Netherlands
