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Economic Statistics in Lao PDR1 2 National Statistical Website: http://www.nsc.gov.la/ World Bank Economic Grouping: Lower middle-income Coordination ▪ Agencies involved in economic statistics: ○ Lao Statistics Bureau ○ Bank of Lao PDR ○ Ministry of Finance ○ Ministry of Industry and Commerce ○Ministry of Agriculture and Forestry ○ Ministry of Energy and Mines ○ Ministry of Public Works and Transport ○ Ministry of Post, Telecoms and Communication ○Ministry of Information, Culture and Tourism ○ Ministry of Labour and Social Welfare ▪Strategy for the Development of the National Statistical System 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 Population (millions, 2014): 6.9 GDP per capita (2005 PPP, 2012): 2,522 2 Advocacy ▪ 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 both a provider and a recipient of technical assistance ▪ Partnered with IMF, Japan, the World Bank, UNFPA, and UNICEF ▪ Participant in International Comparison Programme for calculating purchasing power parities since 2005 Statistical Infrastructure Key Collections/Compilations National Accounts Frequency Timeliness Annually 5 months Quarterly 6 months Balance of Payments Labour Force Survey Other 16 months Household Income/Expenditure Survey Every 5 years 8-10 months Enterprise/Establishment Survey Annually No Response Population Census Every 10 years 18 months Economic Census Every 5 years 18 months Agricultural Census Every 10 years 18 months Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - CPC ver. 1.1 - COICOP - 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 not currently used 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 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 Monthly Monthly External merchandise trade price indices Unavailable Monthly × Wages / Earnings data Annually Quarterly ● Labour costs index / Wage index Annually Quarterly ● GDP (production) nominal and real Annually Quarterly ● GDP (expenditure) nominal and real Every 5 years Quarterly ● External trade – merchandise Unavailable Monthly × External trade – services Unavailable Quarterly × Short-term indicator (STI) - industry output Unavailable Quarterly × STI – services output Unavailable Quarterly × STI – consumer demand Unavailable Quarterly × STI – fixed investment Unavailable Quarterly × STI – inventories Unavailable Quarterly × Economy structure statistics Ad-hoc Every 5 years ● Productivity Unavailable Annually × Integrated national accounts Annually Annually Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Unavailable Annually × External debt Monthly 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 Unavailable Annually × Labour Market Hours worked Unavailable Quarterly × Natural Resources and Environment Natural resources Annually Annually Summary of Responses to all 31 Indicators in the Core Set (comparison of two columns in the table above) Meet or Exceed Recommendations 10 Below Recommendations 7 Unavailable or No Response 14
