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Download E N conomic Statistics in ew Zealand
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Economic Statistics in New Zealand1 National Statistical Website: http://www.stats.govt.nz/ World Bank Economic Grouping: High-income 2 Population (millions, 2014): 4.5 GDP per capita (2005 PPP, 2012): 25,702 2 Coordination Advocacy ▪ Agencies involved in economic statistics: ○ Statistics New Zealand ▪ 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 ○ 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 a provider but not as a recipient of technical assistance ▪ Involved in projects aimed at supporting capacity building in the Pacific sub-region ▪ Participant in International Comparison Programme for calculating purchasing power parities since the mid1980s Statistical Infrastructure Key Collections/Compilations National Accounts Balance of Payments Labour Force Survey Household Income/Expenditure Survey Enterprise/Establishment Survey Population Census × Economic Census Agricultural Census Frequency Timeliness Quarterly Quarterly Quarterly Annually Annually Every 5 years N/A Annually 3 months 3 months 1.5 months 5 months 13 months 9 months N/A 6 months Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 (NZ equivalent) - CPC ver. 2 (NZ equivalent) - 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 considered adequate for producing the Core Set Documentation of internal 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 Reported Freq. RPES recommendations Consumer price index (CPI) Quarterly Quarterly Producer price index (PPI) Quarterly Quarterly 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 Quarterly Quarterly GDP (expenditure) nominal and real Quarterly Quarterly Commodity price index Monthly Monthly External trade – services Quarterly Quarterly Short-term indicator (STI) - industry output Quarterly Quarterly External trade – merchandise Income and Wealth × Unavailable or No Response STI – services output Quarterly Quarterly STI – consumer demand Quarterly Quarterly STI – fixed investment Quarterly Quarterly STI – inventories Quarterly Quarterly Economy structure statistics Annually 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 Quarterly Quarterly Income distribution Annually Every 5 years Assets / liabilities of depository corporations Monthly Monthly Broad money and credit aggregates Monthly Monthly Money and Banking Daily Monthly General government operations Monthly Quarterly General government debt Monthly Quarterly Interest rate statistics Government Labour supply and demand Quarterly Annually Labour Market Hours worked Quarterly Quarterly Natural Resources and Environment Natural resources Ad-hoc Annually ● Summary of Responses to all 31 Indicators in the Core Set (comparison of two columns in the table above) Meet or Exceed Recommendations Below Recommendations 28 Unavailable or No Response 2 1
