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Economic Statistics in Fiji1 2 National Statistical Website: http://www.statsfiji.gov.fj/ World Bank Economic Grouping: Lower middle-income Population (thousands, 2014): 877 2 GDP per capita (2005 PPP, 2012): 4,272 Coordination ▪ Agencies involved in economic statistics: Advocacy ▪ Publication policies in place and available to users/staff ○ Fiji Bureau of Statistics ○ Reserve Bank of Fiji ○ Education, Medical, and Police Departments ○ Agriculture, Fisheries, and Forestry Departments ○ Ministry of Finance; Registrar of Companies ○ Fiji Revenue and Custom Authority ○ Fiji National Provident Fund ○ City and Town Councils; Rural Local Authorities ▪ National Strategy for the Development of Statistics is being planned ▪ 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 ▪ 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 both a provider and a recipient of technical assistance ▪ Partnered with IMF, SPC, ABS, PFTAC, and ADB ▪ Participant in International Comparison Programme for calculating purchasing power parities since 1990 Statistical Infrastructure Key Collections/Compilations National Accounts Balance of Payments Labour Force Survey Household Income/Expenditure Survey Enterprise/Establishment Survey Population Census Economic Census Agricultural Census Frequency Timeliness Annually Quarterly Ad-hoc Every 5 years Quarterly Every 10 years Annually Every 10 years 6 months 3 months 12 months 12 months 3 months 12 months 12 months 12 months Standards/Classifications - SNA 2008 - ISIC Rev. 4 - CPC ver. 2 - COICOP - COFOG - BoP coherent with BPM6 Quality assessment framework is available and used to monitor the quality of economic statistics outputs Centralized national metadata repository is available and statistical releases are accompanied with metadata Centralized business register is currently used for multiple statistical products Established methods for identifying ‘births’ and ‘deaths’ of businesses × IT systems are not 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 Documentation of internal processes and staff manuals are available Set Reported frequencies for indicators in the Core Set compared to RPES recommendations Table Legend Meet or Exceed Recommendations ● Below Recommendations Core Indicator Price and Costs Demand and Output Income and Wealth × Unavailable or No Response 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 Quarterly Monthly ● Wages / Earnings data Annually 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 Quarterly Quarterly Short-term indicator (STI) - industry output Quarterly Quarterly STI – services output Quarterly Quarterly STI – consumer demand Quarterly Quarterly STI – fixed investment Ad-hoc Quarterly ● STI – inventories Annually Quarterly ● Economy structure statistics Every 5 years Every 5 years Productivity Annually Annually Integrated national accounts Unavailable Annually × Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Quarterly Annually External debt Quarterly Quarterly Income distribution Every 5 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 Annually Quarterly ● General government debt Annually Quarterly ● Money and Banking Government Labour supply and demand Ad-hoc Annually ● Labour Market Hours worked Ad-hoc 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 16 Below Recommendations Unavailable or No Response 10 5