Algeria: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 71.90
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 73.56
 Min - Max 56.00 - 84.30
 Source The Heritage Foundation
For that indicator, we provide data for Algeria from 1995 to 2024. The average value for Algeria during that period was 73.56 points with a minimum of 56 points in 1997 and a maximum of 84.3 points in 2021. The latest value from 2024 is 71.9 points. For comparison, the world average in 2024 based on 174 countries is 67.58 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Algeria - Monetary freedom - Recent values chart

Historical chart
Algeria - Monetary freedom - historical chart - 1995-2024

The Monetary Freedom index for Algeria from The Heritage Foundation reflects the stability of prices in Algeria 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.

 Related indicators Latest value Reference Measure
 Property rights 28 2024 points
 Freedom from corruption 28 2024 points
 Fiscal freedom 14 2024 points
 Business freedom 54 2024 points
 Labor freedom 51 2024 points
 Monetary freedom 71.90 2024 points
 Trade freedom 57 2024 points
 Investment freedom 30 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 44 2024 index points
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