Policy Formulation (PO) in Ghana
Ghana: Policy Formulation (PO) was 118.14 in 2018. ▲ Rising
Policy Formulation (PO) in Ghana, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, policy formulation (po) in Ghana stood at 118.14. That is the highest value across all 12 years on record.
The figure is up 18.1% over ten years.
Over the whole period, policy formulation (po) in Ghana peaked at 118.14 in 2010 and was at its lowest, 100, in 2007.
Ghana ranks 15th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Policy Formulation (PO) in Ghana, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 100 | — |
| 2008 | 100 | +0.0% |
| 2009 | 100 | +0.0% |
| 2010 | 118.14 | +18.1% |
| 2011 | 118.14 | +0.0% |
| 2012 | 118.14 | +0.0% |
| 2013 | 118.14 | +0.0% |
| 2014 | 118.14 | +0.0% |
| 2015 | 118.14 | +0.0% |
| 2016 | 118.14 | +0.0% |
| 2017 | 118.14 | +0.0% |
| 2018 | 118.14 | +0.0% |
Ghana compared with similar countries
- Ghana's 118.14 is above the median for lower middle income countries, which is 118.14, 1.0× the median. (7 countries reporting)
- Ghana's 118.14 is above the median for Sub-Saharan Africa, which is 113.41, 1.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 118.14 | 118.14 | 118.14 | 9 |
Countries ranked near Ghana
More financial sector data for Ghana
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.61 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.61 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is policy formulation (po) in Ghana?
- Policy formulation (po) in Ghana was 118.14 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in Ghana?
- The highest recorded value was 118.14 in 2010.
- What is the lowest policy formulation (po) recorded in Ghana?
- The lowest recorded value was 100 in 2007.
- How does Ghana rank for policy formulation (po)?
- Ghana ranks 15th out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in Ghana?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Ghana 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).