Policy Formulation (PO) in United Kingdom
United Kingdom: Policy Formulation (PO) was 77.88 in 2018. ▼ Falling
Policy Formulation (PO) in United Kingdom, 2007–2018
Source: International Monetary Fund.
Analysis
United Kingdom recorded 77.88 for policy formulation (po) in 2018. That is the lowest value across all 12 years on record.
That represents a change of down 22.1% on the previous year and down 22.1% over ten years.
Over the whole period, policy formulation (po) in United Kingdom peaked at 100 in 2007 and was at its lowest, 77.88, in 2018.
That places United Kingdom 43rd out of 47 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Policy Formulation (PO) in United Kingdom, 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 | 100 | +0.0% |
| 2014 | 100 | +0.0% |
| 2015 | 100 | +0.0% |
| 2016 | 100 | +0.0% |
| 2017 | 100 | +0.0% |
| 2018 | 77.88 | -22.1% |
United Kingdom compared with similar countries
- United Kingdom's 77.88 is below the median for high income countries, which is 100, 78% of the median. (17 countries reporting)
- United Kingdom's 77.88 is below the median for Europe & Central Asia, which is 100, 78% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100 | 100 | 100 | 3 |
| 2010s | 97.54 | 77.88 | 100 | 9 |
Countries ranked near United Kingdom
More financial sector data for United Kingdom
- Reserve position in the IMF, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 104.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 5.29 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 76.66 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 104.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 5.29 % change on previous year (2025)
Frequently asked questions
- What is policy formulation (po) in United Kingdom?
- Policy formulation (po) in United Kingdom was 77.88 in 2018, according to International Monetary Fund.
- What is the highest policy formulation (po) recorded in United Kingdom?
- The highest recorded value was 100 in 2007.
- What is the lowest policy formulation (po) recorded in United Kingdom?
- The lowest recorded value was 77.88 in 2018.
- How does United Kingdom rank for policy formulation (po)?
- United Kingdom ranks 43rd out of 47 countries with data for 2018.
- Is policy formulation (po) rising or falling in United Kingdom?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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).