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Economic Statistics in Vanuatu1 National Statistical Website: http://www.vnso.gov.vu/ World Bank Economic Grouping: lower middle-income income 2 Population (thousands, 2014): 258 2 GDP per capita (2005 PPP, 2012): 3,969 Coordination Advocacy ▪ Agencies involved in economic statistics: ○ Vanuatu National Statistics Office ○ Reserve Bank of Vanuatu ○ Department of Treasury ○ Department of Customs ○ Department of Education ○ Department of Land and Climate Change ▪ Vanuatu National Statistics Office Strategic Plan is being implemented ▪ 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 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 International Collaboration ▪ Interested in participating in RPES as both a provider and a recipient 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 National Accounts Frequency Timeliness Quarterly 9 months Balance of Payments Quarterly 2 months × Labour Force Survey N/A N/A Household Income/Expenditure Survey Not Specified 12 months × Enterprise/Establishment Survey N/A N/A Population Census Every 10 years 12 months × Economic Census N/A N/A Agricultural Census Every 10 years 10 months Standards/Classifications - SNA 1993 (2008 planned) - ISIC Rev. 4 - Harmonized System of product classification - COICOP - 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 not currently used × No established methods for identifying ‘births’ or ‘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-pacific-2014 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 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 Monthly Monthly External trade – services Unavailable Quarterly × Short-term indicator (STI) - industry output Monthly Quarterly STI – services output Monthly Quarterly STI – consumer demand Unavailable Quarterly × STI – fixed investment Annually Quarterly ● STI – inventories Annually Quarterly ● Economy structure statistics Unavailable Every 5 years × Productivity Unavailable Annually × Integrated national accounts Annually Annually Institutional sector accounts Unavailable Annually × Balance of payments (BOP) Quarterly Quarterly International investment position (IIP) Annually Annually External debt Annually Quarterly ● Income distribution Unavailable Every 5 years × Assets / liabilities of depository corporations Quarterly Monthly ● Broad money and credit aggregates Quarterly Monthly ● Interest rate statistics Quarterly Monthly ● General government operations Quarterly Quarterly General government debt Quarterly 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 9 Below Recommendations 8 Unavailable or No Response 14
