China: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 72.5
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 74.53
 Min - Max 61.5 - 87.6
 Source The Heritage Foundation
For that indicator, we provide data for China from 1995 to 2023. The average value for China during that period was 74.53 points with a minimum of 61.5 points in 1996 and a maximum of 87.6 points in 2002. The latest value from 2023 is 72.5 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
China - Monetary freedom - recent values

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

The Monetary Freedom index for China from The Heritage Foundation reflects the stability of prices in China 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 2023 points
 Freedom from corruption 42 2023 points
 Fiscal freedom 10 2023 points
 Business freedom 68 2023 points
 Labor freedom 55 2023 points
 Monetary freedom 72.50 2023 points
 Trade freedom 74 2023 points
 Investment freedom 20 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 48 2023 index points
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