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Economic Statistics in Bangladesh1 National Statistical Website: http://www.bbs.gov.bd/ World Bank Economic Grouping: Low income 2 Population (millions, 2014): 158.5 2 GDP Per Capita (2005 PPP): 1,622 Advocacy Coordination ▪ Agencies involved in economic statistics: ○ Bangladesh Bureau of Statistics ○ Bangladesh Bank ▪ National Strategy for the Development of Statistics currently being designed ▪ Statistical law protects confidentiality and independence of statistical information ▪Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ▪ Publication policies in place and available to users/staff ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it International Collaboration ▪ Interested in participating in RPES as a recipient but not as a provider of technical assistance ▪ Partnered with the World Bank, IMF, JICA, EUROSTAT, FAO, UNICEF, and ADB ▪ Participant in International Comparison Programme for calculating purchasing power parities since 1993 Statistical Infrastructure Key Collections/Compilations Frequency Timeliness National Accounts Annually 9 months Balance of Payments Monthly 1 month Labour Force Survey Every 3-5 years 6 months Household Income/Expenditure Survey Every 5 years 6 months Enterprise/Establishment Survey Every 5 years 6 months Population Census Every 10 years 3 months Economic Census Every 10 years 3 months Agricultural Census Every 10 years 3 months Standards/Classifications - SNA 1993 - ISIC Rev. 4 - CPC ver. 1.1 (ver. 2 planned) - COICOP - COFOG - BoP coherent with BPM6 × Quality assessment framework is not available but is planned Centralized national metadata repository is available and statistical releases are accompanied with metadata Centralized business register is in use and shared by a number of agencies in the national statistical system Established methods for identifying ‘births’ and ‘deaths’ of businesses IT systems are considered adequate for producing the Core Set of Economic Statistics 1 This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap.org/official-documents/committee-on-statistics/session/2 2 ESCAP Statistical Yearbook for Asia and the Pacific 2014: http://www.unescap.org/resources/statistical-yearbook-asia-and-pacific-2014 Technical Skills × Human resources are not considered adequate for producing the Core Set Documentation of internal processes and staff manuals are available Reported frequencies for indicators in the Core Set compared to RPES recommendations Table Legend Meet or Exceed Recommendations Price and Costs Demand and Output Income and Wealth ● Below Recommendations × Unavailable or No Response Core Indicator Reported Freq. RPES recommendations Consumer price index (CPI) Monthly Quarterly Producer price index (PPI) Quarterly Quarterly Commodity price index Unavailable Monthly × External merchandise trade price indices Monthly Monthly Wages / Earnings data Monthly Quarterly Labour costs index / Wage index Unavailable Quarterly × GDP (production) nominal and real Annually Quarterly ● GDP (expenditure) nominal and real Annually Quarterly ● External trade – merchandise Monthly Monthly External trade – services Monthly Quarterly Short-term indicator (STI) - industry output Annually Quarterly ● STI – services output Annually Quarterly ● STI – consumer demand Annually Quarterly ● STI – fixed investment Annually Quarterly ● STI – inventories Unavailable Quarterly × Economy structure statistics Every 10 years Every 5 years ● Productivity Unavailable Annually × Integrated national accounts Annually Annually Institutional sector accounts Ad-hoc Annually ● Balance of payments (BOP) Monthly Quarterly International investment position (IIP) Monthly Annually External debt Annually Quarterly ● Income distribution Every 3 years Every 5 years Assets / liabilities of depository corporations Monthly Monthly Broad money and credit aggregates Monthly Monthly Interest rate statistics Monthly Monthly General government operations Monthly Quarterly General government debt Quarterly Quarterly Money and Banking Government Labour supply and demand Every 3 years Annually ● Labour Market Hours worked Unavailable Quarterly × Natural Resources and Environment Natural resources Unavailable Annually × Summary of Responses to all 31 Indicators in the Core Set (comparison of two columns in the table above) Meet or Exceed Recommendations 15 Below Recommendations 10 Unavailable or No Response 6