
Brazil: Monetary freedom
* indicates monthly or quarterly data series
Brazil |
Monetary freedom index (0-100) |
---|---|
Latest value | 73.7 |
Year | 2023 |
Measure | points |
Data availability | 1995 - 2023 |
Average | 64.44 |
Min - Max | 0 - 81.3 |
Source | The Heritage Foundation |
For that indicator, we provide data for Brazil from 1995 to 2023. The average value for Brazil during that period was 64.44 points with a minimum of 0 points in 1995 and a maximum of 81.3 points in 2001.
The latest value from 2023 is 73.7 points. For comparison, the world average in 2023 based on 176
countries is 72.44 points.
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The Monetary Freedom index for Brazil from The Heritage Foundation reflects the stability of prices in Brazil 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.