Economic Statistics

29 June, 2011-Ba Trang, Vietnam: A housewife makes briquette to sell in the village.  In developing countries some 2.5 billion people are forced to rely on biomass—fuelwood, charcoal 
and animal dung—to meet their energy needs for cooking. (UN Millennium Development Goals Report 2007) Photo Credit:Kibae Park/UN Photo

Sound economic policy decisions can be made only if they can be backed up by evidence. At a time when economic crises are recurring, the emphasis on having reliable and timely economic data is even stronger.

ESCAP countries agreed on the need for a regional programme on economic statistics at the first session of the Committee on Statistics. Consequently, the Core Set of Economic Statistics, the Regional Programme for the Improvement of Economic Statistics in Asia and the Pacific (RPES) and its implementation plan were developed by countries and development partners and endorsed by the Committee in 2010 and 2012.

RPES’ goal is to improve the soundness of economic analysis and decision-making by advancing the availability, quality and effective use of basic economic statistics. RPES aims for ESCAP national statistical systems to have the capacity to produce and disseminate the Core Set in accordance with international standards and good practices by 2020. As a platform for coordination, RPES facilitates the pooling of resources and sharing of experiences among countries and development partners. RPES is implemented at the national level with regional and subregional support activities. The programme is governed by a Steering Group comprising countries and development partners.