Austria: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 73.80
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 83.15
 Min - Max 73.80 - 89.60
 Source The Heritage Foundation
For that indicator, we provide data for Austria from 1995 to 2024. The average value for Austria during that period was 83.15 points with a minimum of 73.8 points in 2024 and a maximum of 89.6 points in 2001. The latest value from 2024 is 73.8 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
Austria - Monetary freedom - Recent values chart

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

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

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 Related indicators Latest value Reference Measure
 Property rights 97 2024 points
 Freedom from corruption 75 2024 points
 Fiscal freedom 37 2024 points
 Business freedom 82 2024 points
 Labor freedom 79 2024 points
 Monetary freedom 73.80 2024 points
 Trade freedom 79 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 68 2024 index points
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