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_______________________________________________________________________________________________________ 1 Economic Statistics in Mongolia 2 National Statistical Website: http://www.nso.mn World Bank Economic Grouping: Lower middle-income Coordination Population (millions, 2014): 2.9 GDP per capita (2005 PPP, 2012): 4,708 2 Advocacy ▪ Agencies involved in economic statistics: ○ National Statistics Office ○ Central Bank ○ Customs General Administration ○ Ministry of Finance ○ Ministry of Energy ▪ National Strategy of Developing Statistics is being implemented ▪ Statistical law protects confidentiality of statistical information ▪ 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, Germany, Japan, The World Bank, Turkey, UNFPA, and UNICEF ▪ Participant in International Comparison Programme for calculating purchasing power parity Statistical Infrastructure Key Collections/Compilations Frequency National Accounts Annually 5 months Balance of Payments Quarterly 1 month Labour Force Survey Quarterly 2 months Household Income/Expenditure Survey Quarterly 1 month Enterprise/Establishment Survey Annually 4 months Population Census Every 10 years 12 months Economic Census Every 5 years 7 months Agricultural Census Every 10 years 8 months × Timeliness Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - CPC ver. 2 - COICOP - COFOG - BoP coherent with BPM6 Quality assessment framework is not available but implementation is planned Centralized national metadata repository is available and statistical releases are accompanied with metadata Centralized business register is currently in 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 Core Set ● Guidelines for staff are available but internal processes are not documented 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) Quarterly Quarterly Commodity price index Monthly Monthly External merchandise trade price indices Quarterly Monthly ● Wages / Earnings data Quarterly Quarterly Labour costs index / Wage index No Response Quarterly × GDP (production) nominal and real Quarterly Quarterly GDP (expenditure) nominal and real Annually 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 No Response Quarterly × STI – fixed investment No Response Quarterly × STI – inventories No Response Quarterly × Economy structure statistics Every 5 years Every 5 years Productivity Annually Annually Integrated national accounts Annually Annually Institutional sector accounts Annually Annually Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Quarterly Annually External debt Monthly Quarterly Income distribution Quarterly 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 Monthly Quarterly General government debt Monthly Quarterly Money and Banking Government Labour supply and demand Annually Annually Labour Market Hours worked Quarterly Quarterly Natural Resources and Environment Natural resources No Response Annually × Summary of Responses to all 31 Indicators in the Core Set (comparison of two columns in the table above) Meet or Exceed Recommendations 24 Below Recommendations Unavailable or No Response 2 5