Data on Central Bank Independence

This website provides the data on the CBIE index in Romelli (2022, 2025), as well as the most commonly used indices of central bank independence (i.e. Grilli, Masciandaro and Tabellini, 1991 and Cukierman, Webb and Neyapti, 1992) for 155 countries between 1923 and 2023. The data draw on central bank legislations obtained from central bank websites and other sources and are freely available for academic research and personal non-commercial use.

Data

Latest dataset · 2025

Codebook

Variable construction & sources

Explore the Data

Use the interactive map to explore central bank independence across countries and over time. Click on a country to see its historical trend.

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Citations

When using this data, please cite:

Romelli, D., 2022. The political economy of reforms in central bank design: evidence from a new dataset. Economic Policy, 37(112), pp. 641-688.
Romelli, D., 2025. Trends in central bank independence: a de-jure perspective. In E. Farvaque and P. Stanek (eds), Are Central Banks Still Conservative?, Edward Elgar Publishing.

Contact

davideromelli

Davide Romelli

Trinity College Dublin

romellid@tcd.ie