Armenia: Monetary freedom

The latest value from 2026 is 77.2 points, an increase from 72.2 points in 2025. In comparison, the world average is 69.93 points, based on data from 180 countries. Historically, the average for Armenia from 1996 to 2026 is 68.54 points. The minimum value, 0 points, was reached in 1996 while the maximum of 91.1 points was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.

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