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Economic Statistics in Macao SAR, China1 2 National Statistical Website: http://www.dsec.gov.mo World Bank Economic Grouping: High-income Population (thousands, 2014): 575.5 2 GDP per capita (2005 PPP, 2012): 75,641 Coordination Advocacy ▪ Agencies involved in economic statistics: ○ Government of Macao Special Administrative Region - Statistics and Census Service ▪ Statistical law protects confidentiality and independence of statistical information ▪ Centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ▪ 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 not considered sufficient but 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 IMF and ADB ▪ Participant in International Comparison Programme for calculating purchasing power parities Statistical Infrastructure Key Collections/Compilations Frequency Timeliness National Accounts No Response 3 months Balance of Payments Annually 3 months Labour Force Survey Monthly 1 month Household Income/Expenditure Survey Every 5 years 8 months Enterprise/Establishment Survey Annually 11 months Population Census Every 10 years 4 months × × Economic Census N/A N/A Agricultural Census N/A N/A Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 3 (Rev.4 planned) - CPC ver. 2 - COICOP - COFOG - Plans to make 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 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 not Documentation of internal considered adequate for producing the Core Set processes and staff manuals are available 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) Unavailable Quarterly × Commodity price index Unavailable Monthly × External merchandise trade price indices Quarterly Monthly ● Wages / Earnings data Quarterly Quarterly Labour costs index / Wage index Quarterly Quarterly GDP (production) nominal and real Annually Quarterly ● GDP (expenditure) nominal and real Quarterly Quarterly External trade – merchandise Monthly Monthly External trade – services Monthly Quarterly Short-term indicator (STI) - industry output Monthly Quarterly STI – services output Monthly Quarterly STI – consumer demand Monthly Quarterly STI – fixed investment Monthly Quarterly STI – inventories Quarterly Quarterly Economy structure statistics Annually Every 5 years Productivity Unavailable Annually × Integrated national accounts Annually Annually Institutional sector accounts Annually Annually Balance of payments (BOP) Annually Quarterly ● International investment position (IIP) Unavailable Annually × External debt Unavailable 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 Quarterly Quarterly General government debt Unavailable Quarterly × Money and Banking Government Labour supply and demand Quarterly Annually Labour Market Hours worked Quarterly 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 21 Below Recommendations Unavailable or No Response 3 7