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Economic Statistics in Pakistan1 2 National Statistical Website: http://www.pbs.gov.pk/ World Bank Economic Grouping: Lower middle-income Population (millions, 2014): 185.1 2 GDP Per Capita (2005 PPP, 2012): 2,402 Coordination Advocacy ▪Agencies involved in economic statistics: ○ Pakistan Bureau of Statistics ○ Ministry of Finance ○ State Bank of Pakistan ○ Ministry of Climate Change ▪ National Strategy for the Development of Statistics is being designed ▪ Statistical law protects confidentiality and independence of statistical information ▪ Decentralized 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 GIZ, IMF, JICA, Switzerland, UNFPA, UNICEF, UNODC, and the United Kingdom ▪ Participant in International Comparison Programme for calculating purchasing power parities since 1975 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 Annually Monthly Quarterly Annually N/A Every 10 years Other Timeliness 10 months 2 months 3 months 3 months N/A 3 months No Response Every 10 years 28 months Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - CPC ver. 2 - COICOP - COFOG - 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 Technical Skills × Human resources are not 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 Reported Freq. Monthly Quarterly Producer price index (PPI) Monthly Quarterly Unavailable Monthly × External merchandise trade price indices Quarterly Monthly ● Wages / Earnings data Quarterly Quarterly Commodity price index Unavailable Quarterly × GDP (production) nominal and real Annually 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 Unavailable Quarterly × STI – consumer demand Unavailable Quarterly × STI – fixed investment Unavailable Quarterly × STI – inventories Economy structure statistics Productivity Income and Wealth RPES recommendations Consumer price index (CPI) Labour costs index / Wage index Demand and Output × Unavailable or No Response Unavailable Quarterly × Every 5 years Every 5 years Quarterly Annually Integrated national accounts Unavailable Annually × Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Monthly 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 Interest rate statistics Government General government operations General government debt Daily Monthly Quarterly Quarterly Monthly Quarterly 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 19 Below Recommendations Unavailable or No Response 3 9