Delegation and Designation of Responsibility (IA) (Index) by country
Monetary policy framework comprises the structures in place that enable and guide the conduct of monetary policy. In this project, we provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications...
What the numbers show
Delegation and Designation of Responsibility (IA) (Index) is currently reported for 47 countries. The highest value is 154.24 in Pakistan; the lowest is 76.59 in Uganda.
The median across all reporting countries is 103.39, and the mean is 107.83.
The gap between the highest and lowest reporting country is a factor of about 2.
Over the past decade 24 countries rose and 5 fell. The largest increase was in Pakistan (up 54.2%), and the largest decrease in Uganda (down 23.4%).
Delegation and Designation of Responsibility (IA): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Pakistan | 154.24 | 2018 | up 54.2% | rising |
| 2 | India | 149.18 | 2018 | up 49.2% | rising |
| 2 | Ukraine | 149.18 | 2018 | up 49.2% | rising |
| 4 | Israel | 134.99 | 2018 | up 35.0% | rising |
| 5 | Russia | 130.56 | 2018 | up 30.6% | rising |
| 5 | Rwanda | 130.56 | 2018 | up 30.6% | rising |
| 7 | Uruguay | 120.74 | 2018 | up 20.7% | rising |
| 8 | Turkey | 114.26 | 2018 | up 14.3% | rising |
| 8 | New Zealand | 114.26 | 2018 | up 14.3% | rising |
| 8 | Mauritius | 114.26 | 2018 | up 14.3% | rising |
| 11 | Colombia | 110.52 | 2018 | up 10.5% | rising |
| 11 | Czechia | 110.52 | 2018 | up 10.5% | rising |
| 11 | Malaysia | 110.52 | 2018 | up 10.5% | flat |
| 11 | Iceland | 110.52 | 2018 | up 10.5% | rising |
| 11 | Zambia | 110.52 | 2018 | up 10.5% | rising |
| 16 | Kenya | 106.89 | 2018 | up 6.9% | rising |
| 16 | Mozambique | 106.89 | 2018 | up 6.9% | flat |
| 16 | Moldova | 106.89 | 2018 | up 6.9% | rising |
| 16 | Poland | 106.89 | 2018 | up 6.9% | rising |
| 16 | Chile | 106.89 | 2018 | up 6.9% | flat |
| 16 | United Kingdom | 106.89 | 2018 | up 6.9% | rising |
| 16 | Ghana | 106.89 | 2018 | up 6.9% | rising |
| 23 | South Korea | 103.39 | 2018 | up 3.4% | flat |
| 23 | Hungary | 103.39 | 2018 | up 3.4% | flat |
| 25 | Serbia | 100 | 2018 | unchanged | flat |
| 25 | Armenia | 100 | 2018 | unchanged | flat |
| 25 | Australia | 100 | 2018 | unchanged | flat |
| 25 | United States | 100 | 2018 | unchanged | flat |
| 25 | Brazil | 100 | 2018 | unchanged | flat |
| 25 | Canada | 100 | 2018 | unchanged | flat |
| 25 | Tanzania | 100 | 2018 | unchanged | flat |
| 25 | Kazakhstan | 100 | 2018 | unchanged | flat |
| 25 | Thailand | 100 | 2018 | unchanged | flat |
| 25 | Sweden | 100 | 2018 | unchanged | flat |
| 25 | Jamaica | 100 | 2018 | unchanged | rising |
| 25 | China | 100 | 2018 | unchanged | flat |
| 25 | Peru | 100 | 2018 | unchanged | flat |
| 25 | Mexico | 100 | 2018 | unchanged | flat |
| 25 | Argentina | 100 | 2018 | unchanged | falling |
| 25 | Norway | 100 | 2018 | unchanged | flat |
| 25 | Nigeria | 100 | 2018 | unchanged | flat |
| 25 | Indonesia | 100 | 2018 | unchanged | flat |
| 43 | Japan | 96.72 | 2018 | down 3.3% | flat |
| 43 | Philippines | 96.72 | 2018 | down 3.3% | flat |
| 45 | Georgia | 90.48 | 2018 | down 9.5% | falling |
| 46 | South Africa | 87.52 | 2018 | down 12.5% | falling |
| 47 | Uganda | 76.59 | 2018 | down 23.4% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Euro Area (EA) 106.89
About this data
Monetary policy framework comprises the structures in place that enable and guide the conduct of monetary policy. In this project, we provide a multidimensional characterization of monetary policy frameworks across three pillars: Independence and Accountability, Policy and Operational Strategy, and Communications (IAPOC). This database covers 50 advanced economies, emerging markets, and low-income developing countries, from 2007 to 2018 (being extended).