Belarus: Financial freedom

* indicates monthly or quarterly data series
 Belarus

Financial freedom index (0-100)

 Latest value 20
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 23
 Min - Max 10 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Belarus from 1995 to 2023. The average value for Belarus during that period was 23 points with a minimum of 10 points in 2007 and a maximum of 70 points in 1996. The latest value from 2023 is 20 points. For comparison, the world average in 2023 based on 175 countries is 49 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
Belarus - Financial freedom - recent values

Historical chart
Belarus - Financial freedom - historical chart - 1995-2023




The Financial Freedom index for Belarus from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.


 Related indicators Latest value Reference Measure
 Property rights 31 2023 points
 Freedom from corruption 39 2023 points
 Fiscal freedom 94 2023 points
 Business freedom 54 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 66.90 2023 points
 Trade freedom 71 2023 points
 Investment freedom 30 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 51 2023 index points
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