Benin: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 81.90
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 78.60
 Min - Max 57.90 - 86.40
 Source The Heritage Foundation
For that indicator, we provide data for Benin from 1996 to 2024. The average value for Benin during that period was 78.6 points with a minimum of 57.9 points in 1996 and a maximum of 86.4 points in 2019. The latest value from 2024 is 81.9 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
Benin - Monetary freedom - Recent values chart

Historical chart
Benin - Monetary freedom - historical chart - 1996-2024

The Monetary Freedom index for Benin from The Heritage Foundation reflects the stability of prices in Benin 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 45 2024 points
 Freedom from corruption 41 2024 points
 Fiscal freedom 49 2024 points
 Business freedom 49 2024 points
 Labor freedom 59 2024 points
 Monetary freedom 81.90 2024 points
 Trade freedom 61 2024 points
 Investment freedom 50 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 58 2024 index points
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