Participation in Economic Survey a legal requirement-STAT

Participation in Economic Survey a legal requirement-STAT
PHILIPSBURG—The Department of Statistics (STAT) is reminding the business community that participation in the Economic Census Survey (ECS) is a legal requirement (AB 2013, GT no. 452).
“We strongly encourage all relevant establishments to cooperate fully during the survey period, which ends on September 16th, 2024,” STAT said.
The ECS was commissioned on July 29, 2024 and focuses on gathering data to update the Statistical Business Register and St. Maarten’s economic planning and development.
“The updated register will significantly enhance STAT’s ability to refine sampling frames for various business surveys, including the upcoming National Accounts Survey (NAS) in October 2024. The NAS is crucial for calculating the Gross Domestic Product (GDP), a key indicator of economic growth in St. Maarten. Together, these efforts ensure that statistics on local businesses remain accurate and relevant.
The Economic Census provides detailed and reliable information on the number, distribution, and types of businesses operating in St. Maarten. This data is essential for effective economic, social, and administrative planning. As a key source of benchmark statistics, the census collects vital details such as CRIB numbers, Chamber of Commerce registration, and employee counts, covering both formal and informal sectors. With only 15 questions, the survey was designed to be brief, allowing for efficient data collection and processing. The resulting data will help produce comprehensive economic indicators, guiding informed decision-making and strategic planning,” according to the STAT.
To ensure accurate survey completion, trained freelance interviewers visited businesses along designated routes, providing assistance and support as needed. For additional help, STAT is offering support through email at statinfo@sintmaartengov.org and via our dedicated hotline at +1 (721) 559-7492.
The Department of Statistics (STAT) is St. Maarten’s official statistical agency, responsible for collecting, analyzing, and disseminating reliable and timely data. STAT is committed to promoting evidence-based decision-making and supporting sustainable development in the region.

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