المملكة: Statistics: 3 central goals leading the standard classification and 7 major controls for the coding system

I put off The General Authority for Statistics The Saudi Standard Classification of the Sector type, in a qualitative step aimed at enhancing data governance and classifying national institutions according to the nature of its activities, in a manner that ensures improving the accuracy of economic analysis and the labor market, and raising the efficiency of economic and organizational decision -making in the Kingdom."Background-COLOR: White"> This project represents one of the strategic statistical tools that contribute to achieving the targets of Saudi Vision 2030, especially with regard to achieving integration between the components National Economy ."Background-COLOR: White"> The classification is an important standard tool aimed at organizing and unifying the way institutions classify within the scope of the Saudi economy, according to their characteristics and activities, which provides an integrated vision on economic and labor performance for each institutional sector, and provides an accurate understanding of the mutual relationship between the labor market and economic growth ."Background-COLOR: White"> A delicate national tool The purpose of the Saudi standard classification exceeds the mere classification of economic activities to achieving strategic goals that include improving data quality, unifying the analytical language between various governmental and private agencies, and facilitating economic policies. Global ."Background-COLOR: White"> This unified classification helps to enable decision makers to make a clearer reading of the economic reality and more accurate evaluation of the impact of policies on the labor market, as well as support for future economic predictions and measure the impact of government productivity and investments on employment and wages ."Background-COLOR: White"> Three central goals leading the standard classification The classification achieves three main goals, the first of which is to improve the accuracy of economic and labor analysis, by providing a comprehensive vision of the performance of sectors and the labor market, and helping analysts to understand the relationship between economic growth and employment in a deeper way, and supports analysis of the impact of economic variables – such as spending and productivity – on wages and employment rates ."Background-COLOR: White"> Secondly, supporting public policies by providing government agencies with classified data that help them to assess economic and labor policies accurately, and target support for priority fields, whether in the growth aspect or in the face of unemployment ."Background-COLOR: White"> As for the third goal, it lies in facilitating international comparisons, as the standard classification ensures compatibility with global systems, such as the national account system and the international Labor Organization methodologies, allowing unified reports between countries, and enhances the Kingdom’s ability to compete and continuously improve its economic location ."Background-COLOR: White"> An integral association with the national account system The new classification is based on close integration with the national account system (SNA) , Which represents the unified international accounting framework to measure the economic performance of the countries, and this system is widely used to measure GDP, national income and government spending ."Background-COLOR: White"> The national accounting system has evolved for decades, starting from the first edition of 1953, through comprehensive updates in 1968 and 1993, to the 2008 version that introduced modern concepts such as knowledge economy and digital globalization ."Background-COLOR: White"> The integration between the standard classification and the national accounting system allows a clearer reading for the distribution of resources and production between the sectors, and helps in providing a realistic and comprehensive image of the national economy ."Background-COLOR: White"> Promote data efficiency The coding system is the backbone of the Saudi standard classification of the type of sector, as it provides a unified mechanism that is assigned a digital symbol for each category or activity, according to a hierarchical and bracket system, in order to facilitate the use, analysis and classification of data within the national databases ."Background-COLOR: White"> This system is based on international standards, with local amendments that guarantee its consistency of the Saudi economic and regulatory environment, and helps in facilitating communication between government agencies, and raises the quality of joint statistical coordination ."Background-COLOR: White"> The General Authority for Statistics has adopted a package of accurate controls to ensure the effectiveness of the coding system approved in the Saudi standard classification of the type of sector, in order to enhance the quality of data and the accuracy of its analysis."Background-COLOR: White"> These controls included defining the main and subsidiary groups and designing clear definitions for them, as well as adopting organized digital symbols according to a hierarchical structure that reflects the relationship between the groups."Background-COLOR: White"> The authority stressed the need to organize the data to ensure that it is included in the correct categories, and linking the classification to reliable records such as official statistics and business records."Background-COLOR: White"> She stressed the importance of reviewing and updating symbols periodically to keep pace with economic changes, while providing evidence of use and training for users, in addition to adopting the symbols as a basis for data analysis and preparation in an organized and unified manner."Background-COLOR: White"> Classification rules that support transparency and complementarity The Saudi standard classification project set strict rules to ensure compatibility between economic data and labor market data, in order to enhance the reliability of the analysis and the accuracy of the policies built on it."Background-COLOR: White"> These rules focus on collecting data from reliable sources and updating them periodically, in addition to coordinating between various systems to ensure consistency and interdependence."Background-COLOR: White"> Includes preparing comprehensive reports in which the information of the economy and the labor market is integrated, and to provide clear definitions of the category categories in a manner that reduces the possibility of confusion. The project emphasizes full transparency in the methods used, including modifications and updates, while relying on specialized analysis tools to monitor economic and labor trends accurately and continuously.