Policy economists outnumber research colleagues
Economics FTE staff make up 4% of central banks’ overall employees, on average
Most central banks have more economists in policy functions than those tasked with research, data from the Economics Benchmarks 2024 reveal.
Policy economists average 35.1 staff across 34 participating central banks. The range is zero to 160 persons. Among the same set of respondents, research economists average 21.9 personnel. The range goes from zero to 150.
The number of full-time equivalent (FTE) staff in economics functions averages 74.2, similar to the result from the 2023 benchmark
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