Data for 2012
Central Bank Independence Index, 2012
Figures for 2012, as Ana Carolina Garriga published them · stored as published, never rewritten
The Central Bank Independence Index reads each country’s central bank law and scores how far it shields the bank from the government, from 0 to 1. Coded by Ana Carolina Garriga at the University of Essex on the standard Cukierman–Webb–Neyapti scheme, it covers nearly every country back to 1970.
Central Bank Independence Index, 2012 covers 191 countries on 2 measures. Bosnia and Herzegovina is highest, at 0.974; Tuvalu is lowest, at 0.006. The middle country reads 0.608. Against 2011, 4 values changed (3 up, 1 down), the same countries are covered.
Central Bank Independence Index · Data for 2012
HighestBosnia and Herzegovina
0.974LowestTuvalu
0.006Shaded by value in five groups of equal size, darkest at the highest end.
01Values only
The table
Every country and every column of Central Bank Independence Index, 2012, as published. The file carries values only, so no position is shown. “=” marks a shared position.
Showing 25 of 191 countries · select a heading to sort
BIHSouthern Europe | 0.974 | 0.979 |
IDNSouth-eastern Asia | 0.904 | 0.896 |
ARMWestern Asia | 0.889 | 0.847 |
ROUEastern Europe | 0.879 | 0.846 |
HUNEastern Europe | 0.877 | 0.912 |
TURWestern Asia | 0.861 | 0.899 |
BENWestern Africa | 0.841 | 0.802 |
BFAWestern Africa | 0.841 | 0.802 |
CIVWestern Africa | 0.841 | 0.802 |
GNBWestern Africa | 0.841 | 0.802 |
MLIWestern Africa | 0.841 | 0.802 |
NERWestern Africa | 0.841 | 0.802 |
SENWestern Africa | 0.841 | 0.802 |
TGOWestern Africa | 0.841 | 0.802 |
HRVSouthern Europe | 0.840 | 0.819 |
POLEastern Europe | 0.833 | 0.875 |
LVANorthern Europe | 0.830 | 0.887 |
PERSouth America | 0.811 | 0.798 |
MDGEastern Africa | 0.803 | 0.731 |
AUTWestern Europe | 0.796 | 0.857 |
BELWestern Europe | 0.796 | 0.857 |
CYPWestern Asia | 0.796 | 0.857 |
FINNorthern Europe | 0.796 | 0.857 |
FRAWestern Europe | 0.796 | 0.857 |
DEUWestern Europe | 0.796 | 0.857 |
GRCSouthern Europe | 0.796 | 0.857 |
IRLNorthern Europe | 0.796 | 0.857 |
ITASouthern Europe | 0.796 | 0.857 |
LUXWestern Europe | 0.796 | 0.857 |
MLTSouthern Europe | 0.796 | 0.857 |
NLDWestern Europe | 0.796 | 0.857 |
PRTSouthern Europe | 0.796 | 0.857 |
SVKEastern Europe | 0.796 | 0.857 |
SVNSouthern Europe | 0.796 | 0.857 |
ESPSouthern Europe | 0.796 | 0.857 |
BOLSouth America | 0.785 | 0.797 |
BGREastern Europe | 0.780 | 0.857 |
ESTNorthern Europe | 0.780 | 0.857 |
LTUNorthern Europe | 0.764 | 0.844 |
GEOWestern Asia | 0.757 | 0.799 |
SRBSouthern Europe | 0.757 | 0.811 |
CHEWestern Europe | 0.752 | 0.824 |
CZEEastern Europe | 0.749 | 0.832 |
AFGSouthern Asia | 0.746 | 0.808 |
GINWestern Africa | 0.739 | 0.829 |
ISLNorthern Europe | 0.739 | 0.828 |
MDAEastern Europe | 0.739 | 0.688 |
SSDEastern Africa | 0.738 | 0.671 |
CRICentral America | 0.735 | 0.734 |
ALBSouthern Europe | 0.733 | 0.711 |
CHLSouth America | 0.733 | 0.819 |
COLSouth America | 0.733 | 0.693 |
SOMEastern Africa | 0.724 | 0.642 |
SLBMelanesia | 0.715 | 0.745 |
MKDSouthern Europe | 0.709 | 0.714 |
HNDCentral America | 0.694 | 0.671 |
KGZCentral Asia | 0.688 | 0.586 |
TLSSouth-eastern Asia | 0.686 | 0.777 |
BDIEastern Africa | 0.685 | 0.723 |
PHLSouth-eastern Asia | 0.685 | 0.634 |
GTMCentral America | 0.684 | 0.783 |
SLVCentral America | 0.683 | 0.789 |
NICCentral America | 0.679 | 0.691 |
SLEWestern Africa | 0.679 | 0.641 |
NZLAustralia and New Zealand | 0.678 | 0.789 |
KHMSouth-eastern Asia | 0.677 | 0.637 |
TJKCentral Asia | 0.677 | 0.668 |
MEXCentral America | 0.671 | 0.638 |
SYCEastern Africa | 0.668 | 0.582 |
ARGSouth America | 0.667 | 0.700 |
LKASouthern Asia | 0.664 | 0.606 |
TZAEastern Africa | 0.662 | 0.587 |
MNESouthern Europe | 0.655 | 0.782 |
UKREastern Europe | 0.648 | 0.766 |
RUSEastern Europe | 0.645 | 0.700 |
MRTWestern Africa | 0.642 | 0.636 |
MNGEastern Asia | 0.634 | 0.589 |
UZBCentral Asia | 0.634 | 0.502 |
AIACaribbean | 0.633 | 0.642 |
ATGCaribbean | 0.633 | 0.642 |
DMACaribbean | 0.633 | 0.642 |
GRDCaribbean | 0.633 | 0.642 |
MSRCaribbean | 0.633 | 0.642 |
KNACaribbean | 0.633 | 0.642 |
LCACaribbean | 0.633 | 0.642 |
VCTCaribbean | 0.633 | 0.642 |
KAZCentral Asia | 0.631 | 0.557 |
COMEastern Africa | 0.630 | 0.682 |
PNGMelanesia | 0.622 | 0.578 |
PRYSouth America | 0.618 | 0.617 |
CMRMiddle Africa | 0.608 | 0.501 |
CAFMiddle Africa | 0.608 | 0.501 |
TCDMiddle Africa | 0.608 | 0.501 |
GNQMiddle Africa | 0.608 | 0.501 |
GABMiddle Africa | 0.608 | 0.501 |
COGMiddle Africa | 0.608 | 0.501 |
LSOSouthern Africa | 0.602 | 0.644 |
GHAWestern Africa | 0.601 | 0.573 |
RWAEastern Africa | 0.601 | 0.599 |
ISRWestern Asia | 0.598 | 0.670 |
GBRNorthern Europe | 0.590 | 0.701 |
VENSouth America | 0.585 | 0.574 |
UGAEastern Africa | 0.578 | 0.572 |
DJIEastern Africa | 0.575 | 0.698 |
NPLSouthern Asia | 0.574 | 0.569 |
MARNorthern Africa | 0.572 | 0.622 |
CPVWestern Africa | 0.562 | 0.518 |
MYSSouth-eastern Asia | 0.559 | 0.577 |
NAMSouthern Africa | 0.559 | 0.510 |
AGOMiddle Africa | 0.548 | 0.521 |
MDVSouthern Asia | 0.544 | 0.446 |
BLZCentral America | 0.542 | 0.556 |
DOMCaribbean | 0.542 | 0.611 |
NGAWestern Africa | 0.540 | 0.589 |
CODMiddle Africa | 0.535 | 0.598 |
JPNEastern Asia | 0.530 | 0.424 |
TUNNorthern Africa | 0.525 | 0.592 |
BWASouthern Africa | 0.522 | 0.516 |
GUYSouth America | 0.522 | 0.609 |
URYSouth America | 0.522 | 0.569 |
BTNSouthern Asia | 0.521 | 0.543 |
BRNSouth-eastern Asia | 0.514 | 0.682 |
JORWestern Asia | 0.514 | 0.483 |
GMBWestern Africa | 0.511 | 0.512 |
QATWestern Asia | 0.507 | 0.586 |
LBRWestern Africa | 0.506 | 0.495 |
THASouth-eastern Asia | 0.505 | 0.382 |
AZEWestern Asia | 0.503 | 0.534 |
FJIMelanesia | 0.491 | 0.435 |
CHNEastern Asia | 0.483 | 0.542 |
CANNorthern America | 0.478 | 0.472 |
YEMWestern Asia | 0.478 | 0.483 |
HTICaribbean | 0.476 | 0.376 |
DNKNorthern Europe | 0.475 | 0.503 |
VUTMelanesia | 0.473 | 0.498 |
BRBCaribbean | 0.471 | 0.413 |
SURSouth America | 0.471 | 0.514 |
IRNSouthern Asia | 0.470 | 0.407 |
KOREastern Asia | 0.466 | 0.453 |
SGPSouth-eastern Asia | 0.465 | 0.430 |
ZWEEastern Africa | 0.455 | 0.469 |
ZAFSouthern Africa | 0.454 | 0.365 |
MMRSouth-eastern Asia | 0.450 | 0.395 |
STPMiddle Africa | 0.449 | 0.482 |
OMNWestern Asia | 0.435 | 0.460 |
SAUWestern Asia | 0.429 | 0.582 |
AREWestern Asia | 0.425 | 0.448 |
IRQWestern Asia | 0.423 | 0.318 |
TONPolynesia | 0.423 | 0.327 |
ZMBEastern Africa | 0.421 | 0.398 |
KENEastern Africa | 0.416 | 0.480 |
EGYNorthern Africa | 0.412 | 0.425 |
ERIEastern Africa | 0.412 | 0.423 |
TTOCaribbean | 0.411 | 0.444 |
MOZEastern Africa | 0.404 | 0.366 |
PSEWestern Asia | 0.404 | 0.435 |
BGDSouthern Asia | 0.403 | 0.328 |
DZANorthern Africa | 0.400 | 0.411 |
KWTWestern Asia | 0.400 | 0.410 |
PAKSouthern Asia | 0.400 | 0.371 |
USANorthern America | 0.391 | 0.475 |
BHSCaribbean | 0.384 | 0.391 |
BHRWestern Asia | 0.379 | 0.433 |
JAMCaribbean | 0.377 | 0.383 |
NORNorthern Europe | 0.376 | 0.453 |
SYRWestern Asia | 0.374 | 0.351 |
LBYNorthern Africa | 0.371 | 0.361 |
MUSEastern Africa | 0.367 | 0.378 |
ABWCaribbean | 0.363 | 0.446 |
SWZSouthern Africa | 0.361 | 0.373 |
AUSAustralia and New Zealand | 0.354 | 0.251 |
WSMPolynesia | 0.340 | 0.331 |
BLREastern Europe | 0.328 | 0.224 |
SWENorthern Europe | 0.326 | 0.330 |
LBNWestern Asia | 0.323 | 0.375 |
SDNNorthern Africa | 0.316 | 0.333 |
ETHEastern Africa | 0.304 | 0.291 |
CYMCaribbean | 0.301 | 0.206 |
TWNEastern Asia | 0.273 | 0.194 |
CUBCaribbean | 0.271 | 0.198 |
INDSouthern Asia | 0.264 | 0.295 |
TKMCentral Asia | 0.264 | 0.183 |
MWIEastern Africa | 0.255 | 0.300 |
PANCentral America | 0.254 | 0.183 |
LAOSouth-eastern Asia | 0.233 | 0.241 |
ECUSouth America | 0.213 | 0.285 |
SMRSouthern Europe | 0.213 | 0.175 |
VNMSouth-eastern Asia | 0.150 | 0.132 |
BRASouth America | 0.145 | 0.243 |
BMUNorthern America | 0.100 | 0.060 |
TUVPolynesia | 0.006 | 0.011 |
02In 2012
At either end
The 5 countries at each end of the headline, then the highest and lowest on each other measure.
Highest
Bosnia and Herzegovina0.974
Indonesia0.904
Armenia0.889
Romania0.879
Hungary0.877
Lowest
Tuvalu0.006
Bermuda0.100
Brazil0.145
Vietnam0.150
San Marinoshared0.213
Neither end is better. The values describe a shape, not a score. The middle country reads 0.608. “Shared” marks a value another country also holds.
Each measure’s ends
CBI, weighted (0–1)
Highest
Bosnia and Herzegovina0.979
Lowest
Tuvalu0.011
Middle country: 0.589
032011 → 2012
Since 2011
- +0 / −0countries joined / left
- 4values changed, of 191 in both
- 3 · 1rose · fell
- 187unchanged
Rose most
Somalia0.421 → 0.724+0.303
Solomon Islands0.499 → 0.715+0.216
Vanuatu0.461 → 0.473+0.012
Fell most
Argentina0.817 → 0.667−0.150
Changes in value, not in places: a country’s place also moves when others do.
04Caveats
Read before you use
132 distinct values among 191
Values are stored exactly as published, to 3 decimals. 16 countries share 0.796. Countries sharing a value share a position too.
Nothing missing
Every one of the 191 countries has every column.
05The files
Download and cite
- .csv
For a spreadsheet or code
191 rows · 6.2 KB · UTF-8, opens in Excel
Opens with 11 lines of source notes; the table starts on row 13.
Download central-bank-independence-2012-nations-inquiry.csv - ↗
The publisher’s original
Ana Carolina Garriga’s own file, on its own site.
11077818
What this site changed: Reshaped to one row per country, with its ISO code; no value recalculated, rescaled or rounded. In full
Licence: CC0 1.0 · what it allows, in plain words
Cite this edition
Ana Carolina Garriga, University of Essex (2012). Central Bank Independence Index, 2012 [data set], describing 2012. As held by Nations Inquiry, https://nationsinquiry.com/datasets/central-bank-independence/2012
0654 held
Other years
‹ The year before
Central Bank Independence Index, 2011191 countries
The year after ›
Central Bank Independence Index, 2013191 countries
All of them
Central Bank Independence Index: every year54 held, with the data dictionary, coverage and licence.
How it has moved, charted by country