Governance Benchmarks 2025 – executive summary
Data shows strong independence with threats in some areas, and sheds light on staffing, mandates and more
The Governance Benchmarks 2025 are set against another extraordinary period of turbulence, as tariffs imposed by US president Donald Trump’s administration deliver a worldwide shock to markets. Central banks will once again be expected to step in and restore balance as best they can, and their governance frameworks will be a critical factor in their ability to do this.
In some respects, the benchmarks indicate central banks are well prepared. Institutions report a high degree of independence in
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Governance Benchmarks 2025 Charts
Take a deep dive into the Governance Benchmarks charts, which have just been released for 2025.
Over 40% of central banks lack formal recapitalisation agreement
Ten banks were recapitalised in the past year
Some central banks report pressure to change monetary policy
Central banks mention financial and political factors impacting independence
One in five central banks pays unrealised gains to government
Most central banks have a formal agreement in place for sharing profits with government