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Economic Statistics in Tuvalu1 National Statistical Website: http://www.spc.int/prism/tuvalu/ World Bank Economic Grouping: Upper middle-income income 2 Population (thousands, 2014): 9.9 2 GDP per capita (2005 PPP, 2012): (no data) Advocacy Coordination ▪ Agencies involved in economic statistics: ○ Central Statistics Office ○ Department of Treasury ○ Customs Department ▪ 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 ▪ Publication policies are not in place ▪ 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, PFTAC, IMF, and Japan ▪ Participant in International Comparison Programme for calculating purchasing power parities since 2011 Statistical Infrastructure Key Collections/Compilations Frequency Timeliness National Accounts Quarterly 12 months Standards/Classifications Balance of Payments Annually 12 months - SNA 1968 (2008 planned) Labour Force Survey N/A N/A × - ISIC Rev. 3.1 (Rev. 4 Household Income/Expenditure Survey Every 5 years 12 months planned) Enterprise/Establishment Survey N/A N/A × - Plans to make BoP Population Census Every 10 years 12 months coherent with BPM6 Economic Census N/A N/A × Agricultural Census N/A N/A × × Quality assessment framework is not available × Centralized national metadata repository is not available 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-pacific2014 Technical Skills × Human resources are not considered adequate for producing the Core Set × Documentation of internal processes and staff manuals are not 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 Demand and Output Income and Wealth Money and Banking Government × Unavailable or No Response Reported Freq. RPES recommendations Consumer price index (CPI) Quarterly Quarterly Producer price index (PPI) Unavailable Quarterly × Commodity price index Unavailable Monthly × External merchandise trade price indices Unavailable Monthly × Wages / Earnings data Annually Quarterly ● Labour costs index / Wage index Unavailable Quarterly × GDP (production) nominal and real Annually Quarterly ● GDP (expenditure) nominal and real Other Quarterly ● External trade – merchandise 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) 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 ● 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 1 7 Below Recommendations 23 Unavailable or No Response