Policy Formulation (PO) in Turkey
Turkey: Policy Formulation (PO) was 100 in 2018. ▼ Falling
Policy Formulation (PO) in Turkey, 2007–2018
Source: International Monetary Fund.
Analysis
In 2018, policy formulation (po) in Turkey stood at 100. That is the highest value across all 12 years on record.
That represents a change of up 39.6% on the previous year and unchanged over ten years.
Over the whole period, policy formulation (po) in Turkey peaked at 100 in 2007 and was at its lowest, 71.65, in 2013.
Turkey ranks 27th of 47 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Policy Formulation (PO) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 100 | — |
| 2008 | 100 | +0.0% |
| 2009 | 100 | +0.0% |
| 2010 | 92 | -8.0% |
| 2011 | 92 | +0.0% |
| 2012 | 92 | +0.0% |
| 2013 | 71.65 | -22.1% |
| 2014 | 71.65 | +0.0% |
| 2015 | 71.65 | +0.0% |
| 2016 | 71.65 | +0.0% |
| 2017 | 71.65 | +0.0% |
| 2018 | 100 | +39.6% |
Turkey compared with similar countries
- Turkey's 100 is below the median for upper middle income countries, which is 104.34, 96% of the median. (20 countries reporting)
- Turkey's 100 is above the median for Europe & Central Asia, which is 100, 1.0× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 81.59 | 71.65 | 100 | 9 |
Countries ranked near Turkey
More financial sector data for Turkey
- 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 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.8 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 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.31 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 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.8 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 Turkey?
- Policy formulation (po) in Turkey was 100 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in Turkey?
- The highest recorded value was 100 in 2007.
- What is the lowest policy formulation (po) recorded in Turkey?
- The lowest recorded value was 71.65 in 2013.
- How does Turkey rank for policy formulation (po)?
- Turkey ranks 27th out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in Turkey?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Turkey 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).