The Bank of Korea Completely Rebuilds Economic Statistics System... "Improvement of External User Search Function"

[Image source=Yonhap News]

[Asia Economy Reporter Seo Sojeong] The Bank of Korea announced on the 30th that it will fully rebuild and officially operate the outdated Economic Statistics System (ECOS), which was established in 2004, to enhance the productivity and efficiency of statistical compilation tasks, improve the quality of statistical service provision, and strengthen data management systems.

According to the Bank of Korea, the reconstruction of the Economic Statistics System has optimized the statistical compilation process, including the collection, organization, and publication of basic statistical data.

To enable external Economic Statistics System portal users to search statistics more effectively, the statistical classification system was reclassified, and the screen layout and search functions were significantly improved.

The Bank of Korea stated, "We have established an integrated data management system that can stably manage all data in the statistical compilation process within the system," adding, "Based on the newly rebuilt Economic Statistics System, we plan to respond swiftly to rapidly changing economic and IT environments and diverse statistical demands."

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