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Economic Statistics in Niue1 National Statistical Website: http://www.spc.int.prism/niue/ Population (thousands, 2014): 1.3 2 Coordination Advocacy ▪ Agencies involved in economic statistics: ○ Statistics Niue ○ Niue Customs ○ Treasury Department ○ Health Department ○ Education Department ○ Niue Power & Niue Bulk Fuel ○ Niue Environment & Niue Meteorological Services ▪ Niue National Strategic Plan is being implemented ▪ Statistical law protects confidentiality and independence of statistical information ▪Semi-centralized statistical system ▪ 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 ○ 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 International Collaboration ▪ Interested in participating in RPES as a recipient but not as a provider of technical assistance ▪ Partnered with SPC, IMF, PFTAC, and FAO ▪ Participant in International Comparison Programme for calculating purchasing power parities since 2011 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 Standards/Classifications Annually Annually Not Specified N/A N/A Every 5 years N/A Every 10 years Not Specified 12 months 12 months N/A N/A 12 months N/A Not Specified - SNA 1993 (2008 planned) - ISIC Rev. 3.1 (Rev.4 planned) - HS 2007 for trade - COICOP - COFOG - BoP coherent with BPM6 × Quality assessment framework is not available Centralized national metadata repository is available and statistical releases are accompanied with metadata × Centralized business register is not currently used × No established methods for identifying ‘births’ or ‘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 NSDS information for developed countries is not included in the national summary. Technical Skills ×Human resources are not considered adequate for producing the Core Documentation of internal processes and staff manuals are available Set Reported frequencies for indicators in the Core Set compared to RPES recommendations Table Legend Meet or Exceed Recommendations ● Below Recommendations Core Indicator Reported Freq. Demand and Output Quarterly Quarterly Unavailable Quarterly × Commodity price index Unavailable Monthly × External merchandise trade price indices Unavailable Monthly × Wages / Earnings data Unavailable Quarterly × Labour costs index / Wage index Unavailable Quarterly × GDP (production) nominal and real Annually Quarterly ● GDP (expenditure) nominal and real Unavailable Quarterly × External trade – merchandise Income and Wealth RPES recommendations Producer price index (PPI) Consumer price index (CPI) Price and Costs × Unavailable or No Response Annually 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 Unavailable Every 5 years × Productivity Unavailable Annually × Integrated national accounts Unavailable Annually × Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Annually Quarterly ● International investment position (IIP) Annually Annually External debt Unavailable Quarterly × Income distribution Unavailable Every 5 years × Assets / liabilities of depository corporations Unavailable Monthly × Broad money and credit aggregates Unavailable Monthly × Interest rate statistics Unavailable Monthly × Annually Quarterly ● Unavailable Quarterly × Money and Banking Government General government operations General government debt Labour supply and demand Unavailable Annually × Labour Market Hours worked Unavailable 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 2 4 Below Recommendations 25 Unavailable or No Response