Financial Arrangements (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
Financial Arrangements (IA) (Index) is currently reported for 47 countries. The highest value is 130.31 in Serbia; the lowest is 88.9 in New Zealand.
The median across all reporting countries is 100, and the mean is 102.09.
Over the past decade 8 countries rose and 5 fell. The largest increase was in Serbia (up 30.3%), and the largest decrease in New Zealand (down 11.1%).
Financial Arrangements (IA): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Serbia | 130.31 | 2018 | up 30.3% | rising |
| 1 | Ukraine | 130.31 | 2018 | up 30.3% | rising |
| 3 | Malaysia | 119.3 | 2018 | up 19.3% | rising |
| 4 | Uruguay | 115.84 | 2018 | up 15.8% | rising |
| 5 | Pakistan | 112.48 | 2018 | up 12.5% | rising |
| 6 | Mauritius | 106.06 | 2018 | up 6.1% | rising |
| 6 | South Korea | 106.06 | 2018 | up 6.1% | rising |
| 6 | Norway | 106.06 | 2018 | up 6.1% | rising |
| 9 | Rwanda | 100 | 2018 | unchanged | flat |
| 9 | Argentina | 100 | 2018 | unchanged | flat |
| 9 | Nigeria | 100 | 2018 | unchanged | flat |
| 9 | Peru | 100 | 2018 | unchanged | flat |
| 9 | Philippines | 100 | 2018 | unchanged | flat |
| 9 | Poland | 100 | 2018 | unchanged | flat |
| 9 | South Africa | 100 | 2018 | unchanged | flat |
| 9 | Mozambique | 100 | 2018 | unchanged | flat |
| 9 | Sweden | 100 | 2018 | unchanged | flat |
| 9 | Thailand | 100 | 2018 | unchanged | flat |
| 9 | Turkey | 100 | 2018 | unchanged | flat |
| 9 | Tanzania | 100 | 2018 | unchanged | flat |
| 9 | Uganda | 100 | 2018 | unchanged | flat |
| 9 | Zambia | 100 | 2018 | unchanged | flat |
| 9 | United States | 100 | 2018 | unchanged | flat |
| 9 | Brazil | 100 | 2018 | unchanged | flat |
| 9 | Chile | 100 | 2018 | unchanged | flat |
| 9 | China | 100 | 2018 | unchanged | flat |
| 9 | Colombia | 100 | 2018 | unchanged | flat |
| 9 | Czechia | 100 | 2018 | unchanged | flat |
| 9 | United Kingdom | 100 | 2018 | unchanged | flat |
| 9 | Georgia | 100 | 2018 | unchanged | flat |
| 9 | Ghana | 100 | 2018 | unchanged | flat |
| 9 | Canada | 100 | 2018 | unchanged | flat |
| 9 | Indonesia | 100 | 2018 | unchanged | flat |
| 9 | India | 100 | 2018 | unchanged | flat |
| 9 | Iceland | 100 | 2018 | unchanged | flat |
| 9 | Australia | 100 | 2018 | unchanged | flat |
| 9 | Jamaica | 100 | 2018 | unchanged | flat |
| 9 | Armenia | 100 | 2018 | unchanged | flat |
| 9 | Japan | 100 | 2018 | unchanged | flat |
| 9 | Kazakhstan | 100 | 2018 | unchanged | flat |
| 9 | Kenya | 100 | 2018 | unchanged | flat |
| 9 | Mexico | 100 | 2018 | unchanged | flat |
| 43 | Moldova | 97.1 | 2018 | down 2.9% | flat |
| 43 | Israel | 97.1 | 2018 | down 2.9% | flat |
| 45 | Hungary | 94.29 | 2018 | down 5.7% | falling |
| 45 | Russia | 94.29 | 2018 | down 5.7% | falling |
| 47 | New Zealand | 88.9 | 2018 | down 11.1% | 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) 100
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).