Tools (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
Tools (PO) (Index) is currently reported for 47 countries. The highest value is 271.83 in Ukraine; the lowest is 65.14 in Armenia.
The median across all reporting countries is 100, and the mean is 130.08.
The gap between the highest and lowest reporting country is a factor of about 4.
Over the past decade 20 countries rose and 5 fell. The largest increase was in Ukraine (up 171.8%), and the largest decrease in Armenia (down 34.9%).
Tools (PO): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Ukraine | 271.83 | 2018 | up 171.8% | rising |
| 1 | India | 271.83 | 2018 | up 171.8% | volatile |
| 3 | Moldova | 235.64 | 2018 | up 135.6% | rising |
| 3 | Uganda | 235.64 | 2018 | up 135.6% | rising |
| 3 | Malaysia | 235.64 | 2018 | up 135.6% | rising |
| 3 | Ghana | 235.64 | 2018 | up 135.6% | rising |
| 7 | Rwanda | 204.27 | 2018 | up 104.3% | rising |
| 8 | Kazakhstan | 177.08 | 2018 | up 77.1% | rising |
| 8 | Pakistan | 177.08 | 2018 | up 77.1% | rising |
| 8 | Russia | 177.08 | 2018 | up 77.1% | rising |
| 8 | Uruguay | 177.08 | 2018 | up 77.1% | rising |
| 12 | Georgia | 153.51 | 2018 | up 53.5% | rising |
| 12 | Turkey | 153.51 | 2018 | up 53.5% | rising |
| 14 | Philippines | 115.36 | 2018 | up 15.4% | rising |
| 14 | Mauritius | 115.36 | 2018 | up 15.4% | rising |
| 14 | Argentina | 115.36 | 2018 | up 15.4% | rising |
| 14 | South Korea | 115.36 | 2018 | up 15.4% | rising |
| 14 | Mozambique | 115.36 | 2018 | up 15.4% | falling |
| 14 | Indonesia | 115.36 | 2018 | up 15.4% | rising |
| 14 | Colombia | 115.36 | 2018 | up 15.4% | rising |
| 21 | Kenya | 100 | 2018 | unchanged | rising |
| 21 | Zambia | 100 | 2018 | unchanged | rising |
| 21 | South Africa | 100 | 2018 | unchanged | flat |
| 21 | Australia | 100 | 2018 | unchanged | flat |
| 21 | Brazil | 100 | 2018 | unchanged | flat |
| 21 | Canada | 100 | 2018 | unchanged | flat |
| 21 | Chile | 100 | 2018 | unchanged | flat |
| 21 | Thailand | 100 | 2018 | unchanged | flat |
| 21 | Sweden | 100 | 2018 | unchanged | flat |
| 21 | Serbia | 100 | 2018 | unchanged | flat |
| 21 | China | 100 | 2018 | unchanged | flat |
| 21 | Poland | 100 | 2018 | unchanged | flat |
| 21 | Czechia | 100 | 2018 | unchanged | flat |
| 21 | Peru | 100 | 2018 | unchanged | flat |
| 21 | United Kingdom | 100 | 2018 | unchanged | flat |
| 21 | New Zealand | 100 | 2018 | unchanged | flat |
| 21 | Norway | 100 | 2018 | unchanged | flat |
| 21 | Nigeria | 100 | 2018 | unchanged | flat |
| 21 | Iceland | 100 | 2018 | unchanged | flat |
| 21 | Mexico | 100 | 2018 | unchanged | flat |
| 21 | Israel | 100 | 2018 | unchanged | flat |
| 21 | Japan | 100 | 2018 | unchanged | flat |
| 43 | Hungary | 86.69 | 2018 | down 13.3% | falling |
| 43 | United States | 86.69 | 2018 | down 13.3% | falling |
| 43 | Jamaica | 86.69 | 2018 | down 13.3% | falling |
| 46 | Tanzania | 75.15 | 2018 | down 24.9% | falling |
| 47 | Armenia | 65.14 | 2018 | down 34.9% | 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).