1945

Trade in services and trade in services statistics

The service sector is central to a diversified economy, and trade in services plays a similarly important role in a country’s trade portfolio. Detailed trade in services statistics is essential for policymaking, trade negotiations, and identifying economic opportunities. However, significant data gaps remain in trade in services statistics, particularly in details on services traded, partners and mode of supply. Enterprise and establishment surveys are especially effective for collecting these details. TiSSTAT is designed to maximize the potential of surveys while addressing their challenges. It reduces the response burden for the enterprise and reduces the costs associated with conducting surveys.

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