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Economic Statistics in Nauru1 National Statistical Website: http://www.spc.int/prism/country/nr/stats/ 2 Population (thousands, 2014): 10.1 2 GDP per capita (2005 PPP, 2012): no data Coordination Advocacy ▪ Agencies involved in economic statistics: ○ Nauru Bureau of Statistics ○ Department of Treasury ○ Department of Immigration ▪ National Strategy for the Development of Statistics is being designed ▪ Statistical law protects confidentiality and independence of statistical information ▪ Semi-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 ▪ Contact points publicized for each statistical subject area ▪Publication policies are not in place ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is not considered sufficient but there are activities in place to improve upon it International Collaboration ▪ Interested in participating in RPES as a recipient but not as a provider of technical assistance ▪ Partnered with SPC and IMF ▪ 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 Annually Annually N/A Every 5 years N/A Every 5 years N/A N/A 6 months 6 months N/A 4 months N/A 12 months N/A N/A Standards/Classifications - SNA 1968 (2008 planned) - ISIC Rev. 4 planned - COICOP - Plans to make 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 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 Technical Skills × Human resources are not considered adequate for producing the Internal processes are documented for reference by new staff Core 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 Monthly 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) Unavailable Quarterly × International investment position (IIP) Unavailable 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 × General government operations Annually Quarterly ● General government debt Annually Quarterly ● Money and Banking Government Labour supply and demand Annually Annually Labour Market Hours worked Annually 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 × 5 Below Recommendations 24 Unavailable or No Response