Policy Implementation (PO) (Index) by country
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...
What the numbers show
Policy Implementation (PO) (Index) is currently reported for 47 countries. The highest value is 230.1 in India; the lowest is 60.65 in Jamaica.
The median across all reporting countries is 108.69, and the mean is 124.83.
The gap between the highest and lowest reporting country is a factor of about 4.
Over the past decade 28 countries rose and 5 fell. The largest increase was in India (up 130.1%), and the largest decrease in Jamaica (down 39.3%).
Policy Implementation (PO): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | India | 230.1 | 2018 | up 130.1% | rising |
| 2 | Ukraine | 211.7 | 2018 | up 111.7% | rising |
| 3 | Malaysia | 194.77 | 2018 | up 94.8% | rising |
| 3 | Kazakhstan | 194.77 | 2018 | up 94.8% | rising |
| 5 | Pakistan | 179.2 | 2018 | up 79.2% | rising |
| 5 | Argentina | 179.2 | 2018 | up 79.2% | rising |
| 7 | Zambia | 164.87 | 2018 | up 64.9% | rising |
| 7 | Colombia | 164.87 | 2018 | up 64.9% | rising |
| 9 | Uganda | 151.69 | 2018 | up 51.7% | rising |
| 9 | Russia | 151.69 | 2018 | up 51.7% | rising |
| 9 | Philippines | 151.69 | 2018 | up 51.7% | rising |
| 9 | Moldova | 151.69 | 2018 | up 51.7% | rising |
| 13 | Mozambique | 139.56 | 2018 | up 39.6% | rising |
| 13 | South Africa | 139.56 | 2018 | up 39.6% | rising |
| 13 | South Korea | 139.56 | 2018 | up 39.6% | rising |
| 13 | Australia | 139.56 | 2018 | up 39.6% | rising |
| 17 | Mexico | 128.4 | 2018 | up 28.4% | rising |
| 17 | Georgia | 128.4 | 2018 | up 28.4% | rising |
| 19 | Turkey | 118.14 | 2018 | up 18.1% | rising |
| 19 | Rwanda | 118.14 | 2018 | up 18.1% | rising |
| 19 | China | 118.14 | 2018 | up 18.1% | rising |
| 19 | New Zealand | 118.14 | 2018 | up 18.1% | rising |
| 23 | Armenia | 108.69 | 2018 | up 8.7% | rising |
| 23 | Uruguay | 108.69 | 2018 | up 8.7% | rising |
| 23 | Canada | 108.69 | 2018 | up 8.7% | rising |
| 23 | Tanzania | 108.69 | 2018 | up 8.7% | rising |
| 23 | Serbia | 108.69 | 2018 | up 8.7% | rising |
| 23 | Kenya | 108.69 | 2018 | up 8.7% | rising |
| 29 | Norway | 100 | 2018 | unchanged | flat |
| 29 | Nigeria | 100 | 2018 | unchanged | flat |
| 29 | United Kingdom | 100 | 2018 | unchanged | flat |
| 29 | Peru | 100 | 2018 | unchanged | flat |
| 29 | Israel | 100 | 2018 | unchanged | flat |
| 29 | Poland | 100 | 2018 | unchanged | flat |
| 29 | Mauritius | 100 | 2018 | unchanged | flat |
| 29 | Ghana | 100 | 2018 | unchanged | flat |
| 29 | United States | 100 | 2018 | unchanged | flat |
| 29 | Sweden | 100 | 2018 | unchanged | flat |
| 29 | Thailand | 100 | 2018 | unchanged | flat |
| 29 | Brazil | 100 | 2018 | unchanged | flat |
| 29 | Chile | 100 | 2018 | unchanged | flat |
| 29 | Iceland | 100 | 2018 | unchanged | flat |
| 43 | Czechia | 92 | 2018 | down 8.0% | falling |
| 43 | Japan | 92 | 2018 | down 8.0% | falling |
| 45 | Indonesia | 84.65 | 2018 | down 15.4% | falling |
| 46 | Hungary | 71.65 | 2018 | down 28.3% | falling |
| 47 | Jamaica | 60.65 | 2018 | down 39.3% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Euro Area (EA) 100
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).