Smaller central banks more likely to manage government debts
Consumer protection widely overseen in larger institutions
Central banks with a smaller workforce are more likely to manage debt issuance for their governments, data from the Governance Benchmarks 2025 reveals.
The median total number of staff among benchmark respondents is 715. The range is from around 70 to nearly 14,000 personnel, with an average of 1,291 employees.
Around two-thirds (65.6%) of the 32 jurisdictions where central bank employees fall below 715 staff say they manage and issue debt for their governments. By contrast, in 32 central banks
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