Policy Formulation (PO) in Australia
Australia: Policy Formulation (PO) was 100 in 2018. ▬ Flat
Policy Formulation (PO) in Australia, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, policy formulation (po) in Australia stood at 100. That is the highest value across all 12 years on record.
The figure is unchanged over ten years.
Over the whole period, policy formulation (po) in Australia peaked at 100 in 2007 and was at its lowest, 100, in 2007.
That places Australia 27th out of 47 countries with data for 2018, putting it in the middle of the range.
Policy Formulation (PO) in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 100 | — |
| 2008 | 100 | +0.0% |
| 2009 | 100 | +0.0% |
| 2010 | 100 | +0.0% |
| 2011 | 100 | +0.0% |
| 2012 | 100 | +0.0% |
| 2013 | 100 | +0.0% |
| 2014 | 100 | +0.0% |
| 2015 | 100 | +0.0% |
| 2016 | 100 | +0.0% |
| 2017 | 100 | +0.0% |
| 2018 | 100 | +0.0% |
Australia compared with similar countries
- Australia's 100 is above the median for high income countries, which is 100, 1.0× the median. (17 countries reporting)
- Australia's 100 is below the median for East Asia & Pacific, which is 108.69, 92% of the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 100 | 100 | 100 | 9 |
Countries ranked near Australia
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is policy formulation (po) in Australia?
- Policy formulation (po) in Australia was 100 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in Australia?
- The highest recorded value was 100 in 2007.
- What is the lowest policy formulation (po) recorded in Australia?
- The lowest recorded value was 100 in 2007.
- How does Australia rank for policy formulation (po)?
- Australia ranks 27th out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in Australia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Policy Formulation (PO) (Index). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under IMF Terms and Conditions (attribution required).
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).