Missions
STATEC's missions are to provide the public and private decision-makers as well as the citizens with high quality statistical information.
The law of 10 July 2011 (Pdf, 232 Kb) on the organisation of the National Institute for Statistics and Economic Studies specifies these missions in the first chapter, articles 1 to 4.
According to this law, STATEC has the following missions:
- to set up a statistical information system accessible to the public, in particular on the structure and the activity of the country by drawing up, through surveys or using administrative files, statistics concerning notably demographic, economic, social and environmental phenomena and also by centralising the statistical data available from public bodies by reason of their powers;
- to draw up national, global or sectoral accounts;
- to draw up, jointly with the Central Bank of Luxembourg, the balance of payments and the financial accounts and to guarantee their methodological consistency in accordance with European and international rules, the terms and conditions of the collaboration being the subject to an agreement between the Government and the Central Bank of Luxembourg;
- to set up and manage a "Central Balance Sheet Data Office" consisting companies' annual accounts data and to publish the information thereof;
- to carry out population, housing and buildings censuses, their date and terms and conditions being enacted by a Grand-Ducal regulation;
- to carry out studies and analyses in the field of statistical methodology and statistical procedures and to publish relating results;
- to gather general documentation concerning statistics, as well as demographic, economic and social theories and facts;
- to represent Luxembourg to foreign, EU and international statistical authorities as it is the national statistical authority.
Besides that, STATEC is also responsible for:
- drawing up short- and medium-term global or sectoral economic forecasts and, where applicable, providing technical assistance in drawing up such forecasts. To this end, STATEC develops or contributes to the development of statistical and econometric tools, in particular macroeconomic models used for drawing up these forecasts adapted to the specific features of the country and complying with prevailing international standards;
- drawing up long-term global or sectoral economic, social and demographic projections and, where applicable, providing its assistance in elaborating such projections;
- studying short term economic movements as well as structural changes in the economy and publishing the results of these studies;
- carrying out general or special economic, demographic, social and environmental studies and analyses and publishing relating results;
- carrying out scientific research on the modelling of economic, demographic, social and environmental facts and publishing relating results.
In addition to this list of missions which the law assigns to STATEC, the section "STATEC day-to-day" provides a more detailed description of some important tasks which STATEC assumes.
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