Policy Formulation (PO) in South Korea
South Korea: Policy Formulation (PO) was 118.14 in 2018. ▲ Rising
Policy Formulation (PO) in South Korea, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, policy formulation (po) in South Korea stood at 118.14. That is the highest value across all 12 years on record.
That represents a change of up 18.1% over ten years.
Over the whole period, policy formulation (po) in South Korea peaked at 118.14 in 2013 and was at its lowest, 100, in 2007.
South Korea 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 South Korea, 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 | 118.14 | +18.1% |
| 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% |
South Korea compared with similar countries
- South Korea's 118.14 is above the median for high income countries, which is 100, 1.2× the median. (17 countries reporting)
- South Korea's 118.14 is above the median for East Asia & Pacific, which is 108.69, 1.1× the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 112.09 | 100 | 118.14 | 9 |
Countries ranked near South Korea
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is policy formulation (po) in South Korea?
- Policy formulation (po) in South Korea was 118.14 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in South Korea?
- The highest recorded value was 118.14 in 2013.
- What is the lowest policy formulation (po) recorded in South Korea?
- The lowest recorded value was 100 in 2007.
- How does South Korea rank for policy formulation (po)?
- South Korea ranks 15th out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in South Korea?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this South Korea 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).