Case Study: Australian Bureau of Statistics achieves faster, more accurate GDP analysis with FIS MarketMap Analytic Platform

Helping Fine-Tune Australia’s Economic Engine

The Australian Bureau of Statistics faced the complex challenge of calculating national GDP by aggregating, calibrating and reconciling hundreds to thousands of time‑series data points across the production, income and expenditure approaches. To eliminate statistical discrepancies and present a single accurate measurement, the Australian Bureau of Statistics turned to FIS and adopted the FIS MarketMap Analytic Platform to handle high volumes of economic data and integrate with its publishing workflow.

FIS implemented the MarketMap Analytic Platform to automate time‑series processing, support interactive reporting, analytics, charting, modeling and forecasting, and to reflect method and classification changes within a consistent supply‑use framework. The result: faster processing and automatic interval updates, improved user experience for report generation and analysis, seamless integration with ABS’ publishing system, and a reliable, consistent framework for GDP calculation that the Australian Bureau of Statistics has relied on for over 20 years.

Australian Bureau of Statistics