Starting from the idea that official statistics are a public good, the authors argue that ensuring the value of official statistics can tackle positively the challenges that official statistical producers are currently facing. From the legal point of view a public good belongs to or is provided by the State at any level through all bodies being part of the public sector. From the economic standpoint, it is a good that is available to all population and its use by one person does not reduce its use by another. In this sense, official statistics are very important for the economic and social development of a country and its significance can be explained by the circular market flow.
The main objective of this paper is to offer a new way of understanding the importance of the statistical system for the economic and social development of societies, but as well to promote the continuous and systematic dialogue between statistics producers and users, focused towards communicating the value of official statistics to the society in general.
The circular market flow is proposed as a basis for showing the relations that exist within an economic system, and as well the important role that official statistics play within the society. Statistical literacy, the communication of the value of official statistics to stakeholders, and a closed feedback loop are capable to engage all actors with the process of producing official statistics, ensuring its sustainability.