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Economic Statistics in Solomon Islands1 National Statistical Website: http://www.spc.int/prism/solomons/ World Bank Economic Grouping: Lower middle-income income Coordination ▪ Agencies involved in economic statistics: ○ National Statistics Office ○ Reserve Bank of Solomon Islands ○ Immigration Department ○ Customs Department ○ Inland Revenue Department ○ Forestry Department ○ Health Department ○ Education Department ▪ National Strategy for the Development of Statistics is being planned ▪ 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 2 Population (thousands, 2014): 572.9 2 GDP Per Capita (2005 PPP, 2012): 2,695 Advocacy ▪ Publication policies in place and available to users/staff ▪ Contact points publicized for each statistical subject area ▪ User consultations are not 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, IMF, ABS, PFTAC, Japan, and UNFPA ▪ 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 Ad-hoc Ad-hoc Annually Every 10 years N/A Every 10 years 9 months 3 months 12 months 12 months 12 months 12 months N/A 12 months - SNA 1993 (2008 planned) - ISIC Rev. 3.1 (Rev. 4 planned) - 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 not available Centralized business register is currently used for multiple statistical products × 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/officialdocuments/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 Staff manuals are available on statistical processes for internal use Set 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 Income and Wealth × Unavailable or No Response Reported Freq. RPES recommendations Consumer price index (CPI) Monthly Quarterly Producer price index (PPI) Unavailable Quarterly × Commodity price index Unavailable Monthly × External merchandise trade price indices No Response 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 Annually Quarterly ● External trade – merchandise Quarterly 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) Quarterly Quarterly International investment position (IIP) Quarterly Annually External debt Quarterly Quarterly Income distribution Unavailable Every 5 years × Assets / liabilities of depository corporations Monthly Monthly Broad money and credit aggregates Monthly Monthly Interest rate statistics Monthly Monthly General government operations Annually Quarterly ● General government debt Annually Quarterly ● Money and Banking Government Labour supply and demand Unavailable Annually × Labour Market Hours worked No Response 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 7 5 Below Recommendations Unavailable or No Response 19
