Policy Formulation (PO) in South Africa
South Africa: Policy Formulation (PO) was 108.69 in 2018. ▲ Rising
Policy Formulation (PO) in South Africa, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, policy formulation (po) in South Africa stood at 108.69. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 8.7% over ten years.
Over the whole period, policy formulation (po) in South Africa peaked at 108.69 in 2013 and was at its lowest, 100, in 2007.
That places South Africa 19th out of 47 countries with data for 2018, putting it 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 Africa, 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 | 108.69 | +8.7% |
| 2014 | 108.69 | +0.0% |
| 2015 | 108.69 | +0.0% |
| 2016 | 108.69 | +0.0% |
| 2017 | 108.69 | +0.0% |
| 2018 | 108.69 | +0.0% |
South Africa compared with similar countries
- South Africa's 108.69 is above the median for upper middle income countries, which is 104.34, 1.0× the median. (20 countries reporting)
- South Africa's 108.69 is below the median for Sub-Saharan Africa, which is 113.41, 96% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 105.79 | 100 | 108.69 | 9 |
Countries ranked near South Africa
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is policy formulation (po) in South Africa?
- Policy formulation (po) in South Africa was 108.69 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in South Africa?
- The highest recorded value was 108.69 in 2013.
- What is the lowest policy formulation (po) recorded in South Africa?
- The lowest recorded value was 100 in 2007.
- How does South Africa rank for policy formulation (po)?
- South Africa ranks 19th out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in South Africa?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is rising.
- Where does this South Africa 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.
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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).