Botswana: Monetary freedom

* indicates monthly or quarterly data series
 Botswana

Monetary freedom index (0-100)

 Latest value 70.6
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 74.3
 Min - Max 65.9 - 79
 Source The Heritage Foundation
For that indicator, we provide data for Botswana from 1995 to 2023. The average value for Botswana during that period was 74.3 points with a minimum of 65.9 points in 1995 and a maximum of 79 points in 2018. The latest value from 2023 is 70.6 points. For comparison, the world average in 2023 based on 176 countries is 72.44 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
Botswana - Monetary freedom - recent values

Historical chart
Botswana - Monetary freedom - historical chart - 1995-2023




The Monetary Freedom index for Botswana from The Heritage Foundation reflects the stability of prices in Botswana 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 73 2023 points
 Freedom from corruption 59 2023 points
 Fiscal freedom 19 2023 points
 Business freedom 65 2023 points
 Labor freedom 62 2023 points
 Monetary freedom 70.60 2023 points
 Trade freedom 79 2023 points
 Investment freedom 65 2023 points
 Financial freedom 70 2023 points
 Economic freedom, overall index 65 2023 index points
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