Answer: A Population Census is the complete count of every person living in a country at a specific point in time. It is the process of collecting, evaluating, analyzing and publishing demographic, economic and social information relating to those persons.
The Population and Housing Census is the largest statistical operation undertaken by the Statistical Office. It aims to accurately measure the number of persons in St. Vincent and the Grenadines on Census Night, their key characteristics and the dwellings in which they live.
The scope of the census is all persons in St. Vincent and the Grenadines on Census Night, other than foreign diplomats and their families. Visitors to St. Vincent and the Grenadines are counted, but are not included in the enumerated population if they are on the island for less than six (6) months.
Answer: Each year, the Statistical Office conduct two surveys which target the business sector to obtain data for the compilation of Economic Statistics, namely the National Accounts and Balance of Payments surveys.
National Accounts: This is a statistical procedure which aims at providing a numerical summary of the many transactions taking place in an economy at a given point in time. These transactions relate in particular to the production of goods and services and to the transfer of income or capital between sectors of the economy. National Accounts provides information on the Gross Domestic Product (GDP) and its aggregates.
Balance of Payments(BOP): This is a systematic record of all economic transactions between St. Vincent and the Grenadines and the rest of the world. It also measures the country's foreign assets and foreign liabilities over a specific period of time, usually one year. The BOP compilation is a collaborated effort between the Statistical Office and the Eastern Caribbean Central Bank (ECCB). The unit of account is reflected in $EC.
Answer: Gross Domestic Product is equal to sum of all the gross value added of all resident producers, plus taxes on imports and all non-deductible VAT or similar taxes less subsidies.
Answer: Gross Value Added, is the value of all goods and services produced in an economy within a given time period of usually one year.
Answer: Consumer Price Index is a measure of the change in average prices of a fixed basket of goods and services purchased by consumers in a specified reference period. It measures the rate of inflation or changes in the cost of living for households.
The data is obtained from the customs warrants which are presented to the Customs and Excise Department when goods are being imported or exported. Therefore, the data can only be obtained based on the classification codes as they appear in the Customs Tariff.
Answer: A software called EUROTRACE which was specifically designed to compile trade statistics.