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Economic Statistics in Georgia1 National Statistical Website: http://www.geostat.ge/ World Bank Economic Grouping: Lower middle-income Coordination ▪ Agencies involved in economic statistics: 2 Population (millions, 2014): 4.3 2 GDP per capita (2005 PPP, 2012): 5,265 Advocacy ○ National Statistics Office ○ National Bank of Georgia ○ Ministry of Finance of Georgia ▪ National Strategy for the Development of Statistics in Georgia is being implemented ▪ 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 both a provider and a recipient of technical assistance ▪ Partnered with IMF, Statistics Sweden, the World Bank, UNFPA, UNICEF, and the United States ▪ Participant in International Comparison Programme for calculating purchasing power parities since 1993 Statistical Infrastructure Key Collections/Compilations Frequency Timeliness National Accounts Quarterly 3 months Balance of Payments Quarterly 3 months Labour Force Survey Quarterly 4.5 months Household Income/Expenditure Survey Quarterly 4.5 months Enterprise/Establishment Survey Quarterly 2.5 months Population Census Every 10 years 6 months × Economic Census N/A N/A Agricultural Census Every 10 years No Response Standards/Classifications - SNA 1993 (2008 planned) - NACE Rev. 1.1 (R2 planned) - CPC ver. 1 (ver.2 planned) - CPA 1996 - COICOP - COFOG - BPM6 in plans for BoP Quality assessment framework is available No centralized national metadata repository is available Centralized business register is currently used for multiple statistical products 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 Internal processes are documented for reference by new staff Core 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) Monthly Quarterly Commodity price index Unavailable Monthly × External merchandise trade price indices Unavailable Monthly × Wages / Earnings data Quarterly Quarterly Labour costs index / Wage index Quarterly Quarterly GDP (production) nominal and real Quarterly Quarterly GDP (expenditure) nominal and real Quarterly 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 Unavailable Quarterly × STI – fixed investment Quarterly Quarterly STI – inventories Quarterly Quarterly Economy structure statistics Quarterly Every 5 years Productivity Quarterly Annually Integrated national accounts Quarterly Annually Institutional sector accounts Ad-hoc Annually ● Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Quarterly Annually External debt No Response Quarterly × Income distribution Ad-hoc Every 5 years ● Assets / liabilities of depository corporations No Response Monthly × Broad money and credit aggregates No Response Monthly × Interest rate statistics No Response Monthly × General government operations Monthly Quarterly General government debt Monthly Quarterly Money and Banking Government Labour supply and demand Quarterly 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 20 Below Recommendations Unavailable or No Response 2 9
