Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download E M conomic Statistics in icronesia (F.S.)
Document related concepts
Transcript
Economic Statistics in Micronesia (F.S.)1 National Statistical Website: http://www.spc.int/prism/country/fm/stats/ World Bank Economic Grouping: Lower middle-income 2 Population (thousands, 2014): 103.9 2 GDP Per Capita (2005 PPP, 2012): 3,264 Coordination Advocacy ▪ Agencies involved in 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 ○ FSM National Government ○ Banking Board; Resource and Development ○ Public Auditor’s Office; Immigration Office ○ National Statistics Office ○ National Oceanic Resource Management Authority ○ FSM Social Security Administration ○ FSM Development Bank ○ FSM Social Security Administration ○ National and State Governments ○ Western Union; FSM Bank ○ Private Businesses (Financial Statements) ▪ National Strategy for the Development of Statistics is being designed ▪ Statistical law protects confidentiality and independence of statistical information ▪ Centralized statistical system ○ Plans are currently being implemented to improve coordination of production of economic statistics International Collaboration: ▪ Interested in participating in RPES as both a provider and a recipient of technical assistance ▪ Partnered with IMF for technical assistance ▪ Participant in International Comparison Programme for calculating purchasing power parities Statistical Infrastructure Key Collections/Compilations National Accounts Balance of Payments Labour Force Survey Household Income/Expenditure Survey Enterprise/Establishment Survey Population Census Frequency Timeliness 12 months 12 months 12 months 12 months 24 months 24 months N/A 12 months × Economic Census Annually Annually Ad-hoc Every 5 years Not Specified Every 10 years N/A Agricultural Census Not Specified Standards/Classifications - SNA 2008 - ISIC Rev. 4 - CPC ver. 1 - COICOP - BoP coherent with BPM6 × Quality assessment framework is not available × Centralized national metadata repository is not available Centralized business register is currently used for multiple statistical products 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 Reported Freq. Quarterly Quarterly Unavailable Quarterly × Commodity price index Unavailable Monthly × External merchandise trade price indices Unavailable Monthly × Annually Quarterly ● Wages / Earnings data Labour costs index / Wage index Demand and Output Unavailable Quarterly × GDP (production) nominal and real Annually Quarterly ● GDP (expenditure) nominal and real Annually 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 Annually Annually Institutional sector accounts Annually Annually Balance of payments (BOP) Annually Quarterly ● International investment position (IIP) Annually Annually External debt Income distribution Assets / liabilities of depository corporations Annually Quarterly ● Unavailable Every 5 years × Quarterly Monthly ● Unavailable Monthly × Money and Banking Broad money and credit aggregates Government Interest rate statistics Annually Monthly ● General government operations Annually Quarterly ● General government debt Annually Quarterly ● 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 4 10 Below Recommendations Unavailable or No Response 17
