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Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

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Page 1: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Letting the data speak: Statistical storytelling. Indicator sets and

Visualisations

Floris van Ruth

Statistics Netherlands

Page 2: Statistics Netherlands 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

Page 3: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Why construct indicator sets and visualisations? (II)

• Showcase available range of statistics

• Exploit available knowledge

• Strengthen position NSI

• Some early warning functionality

Page 4: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Functions

• Accessibility

• Monitoring

• Analysis

Information content

Complexity

capabilities

lower

Higher

Benchmarking

Page 5: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Levels of complexity

Function Type of indicator set

Accessibility Collecting

Descriptive

Monitoring

Summarising

Analysis Analytical

Page 6: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Data collectionCollect&present available data on 1 subject

Financial Accounts Overview

Assets households and nonprofit institutions serving households, % of GDP

0%

50%

100%

150%

200%

250%

300%

350%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Other accountsInsurance, pension and guarantee schemesEquity and investment fund sharesCurrency and deposits

Assets insurance corporations, % of GDP

0%

10%

20%

30%

40%

50%

60%

70%

80%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Other accountsEquity and investment fund sharesLoansDebt securities and financial derivatives

Assets pensions funds, % of GDP

0%

20%

40%

60%

80%

100%

120%

140%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Other accountsEquity and investment fund sharesLoansDebt securities and financial derivatives

Liabilities pension funds, % of GDP

0%

20%

40%

60%

80%

100%

120%

140%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Insurance, pension and guarantee schemes Other accounts

Liabilities insurance corporations, % of GDP

0%

10%

20%

30%

40%

50%

60%

70%

80%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Other accountsInsurance, pension and guarantee schemesEquity and investment fund shares

Assets non-financial corporations, % of GDP

0%

50%

100%

150%

200%

250%

300%

350%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Currency and deposits LoansEquity and investment fund shares Other accounts

Assets government, % of GDP

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Loans Equity and investment fund shares Other accounts

Liabilities households and nonprofit institutions serving households, % of GDP

0%

50%

100%

150%

200%

250%

300%

350%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Loans Other accounts

Assets other monetary financial institutations, % of GDP

0%

50%

100%

150%

200%

250%

300%

350%

400%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Other accountsLoansDebt securities and financial derivativesCurrency and deposits

Liabilities other monetary financial institutions, % of GDP

0%

50%

100%

150%

200%

250%

300%

350%

400%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Other accountsDebt securites and financial derivativesCurrency and deposits

Liabilities non-financial corporations, % of GDP

0%

50%

100%

150%

200%

250%

300%

350%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Other accountsEquity and investment fund sharesLoans

EMU-debt, % of GDP

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

EMU-debt

Page 7: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

DescriptiveCollect, structure and select available indicators to give a more

complete description of developments in a subject

Page 8: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

SummarisingStructure indicator set to give a general overview of situation concerning certain subject

-3

-2

-1

0

1

2

3Assesment foreign order book

Germany; producers' confidence

Germany; industrial production

Real effective exchange rate

Eurozone; Export order book

Eurozone; producers' confidence

Most recentPrevious month12 months ago

Page 9: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Analytical

Labour market tension gauge (experimental)

2006Q1-2010Q2

Available supply of additional labour

Dem

and for additio

nal

Weaker than average

Stronger than average

Looser than average Tighter than average

3 - increasing tension 4 - high tension

1 - decreasing tension2 - loose

2010 Q2

Combine and process data to arrive at a characterisation of a certain economic phenomenon

Page 10: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands

Pitfalls

• Visualising for the sake of it

• Eye candy

• Confusion of purpose

Page 11: Statistics Netherlands Letting the data speak: Statistical storytelling. Indicator sets and Visualisations Floris van Ruth Statistics Netherlands

Statistics Netherlands