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Resolutions Approved by the NSCB Executive Board

Series of 2004

NSCB Resolution No. 1
Series of 2004

Annex BR-01-2004-01

POLICY ON THE REVISION AND AMENDMENT OF THE PHILIPPINE STANDARD CLASSIFICATION SYSTEMS

I. Background

The National Statistical Coordination Board (NSCB) develops and prescribes uniform standards and classification systems in the generation of official statistics to ensure orderly production of consistent and comparable statistics in the country and at the international level.

At present, the NSCB maintains the following classification systems:

  1. Philippine Standard Commodity Classification (PSCC);
  2. Philippine Central Product Classification (PCPC);
  3. Philippine Classification of Commodities by Broad Economic Categories (PCCBEC);
  4. Philippine Standard Industrial Classification (PSIC);
  5. Philippine Standard Classification of Education (PSCED);
  6. The Philippine Standard Occupational Classification (PSOC);
  7. Classification of Expenditures According to Purpose:
  8. Philippine Standard Geographic Code (PSGC)

The NSCB periodically revises and amends these classifications to systematize the improvement of the classification over-time, keeping it current and relevant and making it more responsive to existing social, economic and technological reality, while maintaining conceptual consistency and international comparability.

II. Rationale for the Revision/Amendment of Standard Classification Systems (SCS)

III. Policy on Revisions

IV. Policy on Amendments

V. Implementing Mechanism

Classification Systems

 Revisions

Amendments

Philippine Standard Commodity Classification (PSCC)

Two (2) years after issuance of revisions to international classification

Within the year of issuance of Executive Order Amending the Tariff Nomenclature. To be presented to the Board at the start of the following year to capture all previous amendments.

Philippine Central Product Classification (PCPC)

One (1) year after issuance of revisions to international classification

One (1) year after issuance of amendments to international classification

Philippine Classification of Commodities by Broad Economic Categories (PCCBEC)

One (1) year after issuance of revisions to international classification

One (1) year after issuance of amendments to international classification

Philippine Standard Industrial Classification (PSIC)

One (1) year after issuance of revisions to international classification

One (1) year after issuance of amendments to international classification

Philippine Standard Classification of Education (PSCED)

One (1) year after issuance of revisions to international classification

One (1) year after issuance of amendments to international classification

Philippine Standard Occupational Classification (PSOC)

One (1) year after issuance of revisions to international classification

One (1) year after issuance of amendments to international classification

Classification of Expenditures According to Purpose: COICOP, COFOG, COPNI & COPP

One (1) year after issuance of revisions to international classification

One (1) year after issuance of amendments to international classification

Philippine Standard Geographic Codes (PSGC)

 

Every quarter

 

 

 

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