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Economic Statistics in Brunei Darussalam1 2 National Statistical Website: www.depd.gov.bn/dept_dos.html Population (thousands, 2014): 423.2 2 World Bank Economic Grouping: High income GDP per capita (2005 PPP, 2012): 45,979 Coordination Advocacy ▪ Agencies involved in economic statistics: ○ Department of Economic Planning and Development, Prime Minister’s Office ▪ Statistical law protects confidentiality of statistical information ▪ Centralized statistical system ○ 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 not organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is not considered sufficient and there are no 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 ADB ▪ Participant in International Comparison Programme for calculating purchasing power parities since 2005 Statistical Infrastructure Key Collections/Compilations Frequency Timeliness National Accounts Quarterly 3 months Balance of Payments Annually 6 months Labour Force Survey Every 5 years 6 months Household Income/Expenditure Survey Every 5 years 24 months Enterprise/Establishment Survey Quarterly 3 months Population Census Every 10 years 9 months Economic Census Every 5 years 12 months × Agricultural Census N/A N/A Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - CPC ver. 2 - COICOP - COFOG - BoP coherent with BPM5, with plans to upgrade to BPM6 × Quality assessment framework is not available × Centralized national metadata repository is not available Centralized business register is currently used for multiple statistical products × No established methods for identifying ‘births’ or ‘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 NSDS information for developed countries is not included in the national summary. Technical Skills Human resources are considered adequate for producing the Core Set × Documentation of internal processes and staff manuals are not 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) Unavailable Quarterly × Commodity price index Unavailable Monthly × External merchandise trade price indices Unavailable Monthly × Wages / Earnings data Annually Quarterly ● Labour costs index / Wage index Unavailable Quarterly × GDP (production) nominal and real Quarterly Quarterly GDP (expenditure) nominal and real Quarterly Quarterly External trade – merchandise Monthly Monthly External trade – services Unavailable Quarterly × Short-term indicator (STI) - industry output Quarterly Quarterly STI – services output Quarterly Quarterly STI – consumer demand Quarterly Quarterly STI – fixed investment Quarterly Quarterly STI – inventories Quarterly Quarterly Economy structure statistics Unavailable Every 5 years × Productivity Unavailable Annually × Integrated national accounts Unavailable Annually × Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Annually Quarterly ● International investment position (IIP) Unavailable Annually × External debt Unavailable Quarterly × Income distribution Unavailable Every 5 years × Assets / liabilities of depository corporations Unavailable Monthly × Broad money and credit aggregates Unavailable Monthly × Interest rate statistics Unavailable Monthly × General government operations Unavailable Quarterly × General government debt Unavailable Quarterly × Money and Banking Government Labour supply and demand Unavailable 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 9 2 Below Recommendations Unavailable or No Response 20