Trinidad and Tobago: Monetary freedom

(measure: points; source: The Heritage Foundation)

Trinidad and Tobago: Monetary freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Trinidad and Tobago from 1996 to 2017. The average value for Trinidad and Tobago during that period was 76.28 points with a minumum of 68.5 points in 2016 and a maximum of 82.8 points in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The Monetary Freedom index for Trinidad and Tobago from The Heritage Foundation reflects the stability of prices in Trinidad and Tobago and the use of price controls by the government. Price stability with minimal price controls is the ideal state for the free market.

Definition: The score for the Monetary freedom index is based on two factors: the weighted average inflation rate for the most recent three years and price controls. Higher index values denote price stability without microeconomic intervention.