Policy Formulation (PO) in India
India: Policy Formulation (PO) was 179.2 in 2018. ▲ Rising
Policy Formulation (PO) in India, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, policy formulation (po) in India stood at 179.2. That is the highest value across all 12 years on record.
That represents a change of up 79.2% over ten years.
Over the whole period, policy formulation (po) in India peaked at 179.2 in 2016 and was at its lowest, 100, in 2007.
That places India 5th out of 47 countries with data for 2018, putting it in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Policy Formulation (PO) in India, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 100 | — |
| 2008 | 100 | +0.0% |
| 2009 | 100 | +0.0% |
| 2010 | 128.4 | +28.4% |
| 2011 | 128.4 | +0.0% |
| 2012 | 128.4 | +0.0% |
| 2013 | 128.4 | +0.0% |
| 2014 | 128.4 | +0.0% |
| 2015 | 128.4 | +0.0% |
| 2016 | 179.2 | +39.6% |
| 2017 | 179.2 | +0.0% |
| 2018 | 179.2 | +0.0% |
India compared with similar countries
- India's 179.2 is above the median for lower middle income countries, which is 118.14, 1.5× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 145.34 | 128.4 | 179.2 | 9 |
Countries ranked near India
- 6 Kazakhstan 164.87 compare
- 6 Mozambique 164.87 compare
- 6 New Zealand 164.87 compare
- 6 Russia 164.87 compare
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % 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 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is policy formulation (po) in India?
- Policy formulation (po) in India was 179.2 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in India?
- The highest recorded value was 179.2 in 2016.
- What is the lowest policy formulation (po) recorded in India?
- The lowest recorded value was 100 in 2007.
- How does India rank for policy formulation (po)?
- India ranks 5th out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in India?
- Over the last ten years it is up 79.2%. The long-run trend across the full record is rising.
- Where does this India 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
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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).