Costa Rica: Monetary freedom

* indicates monthly or quarterly data series
 Costa Rica

Monetary freedom index (0-100)

 Latest value 74.50
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 74.66
 Min - Max 67.00 - 85.00
 Source The Heritage Foundation
The latest value from 2024 is 74.5 points, a decline from 82.2 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Costa Rica from 1995 to 2024 is 74.66 points. The minimum value, 67 points, was reached in 1997 while the maximum of 85 points was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Costa Rica - Monetary freedom - Recent values chart

Historical series
Costa Rica - Monetary freedom - historical chart - 1995-2024




The Monetary Freedom index for Costa Rica from The Heritage Foundation reflects the stability of prices in Costa Rica 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Property rights 65 2024 points
 Freedom from corruption 59 2024 points
 Fiscal freedom 44 2024 points
 Business freedom 80 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 74.50 2024 points
 Trade freedom 75 2024 points
 Investment freedom 60 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 68 2024 index points
This site uses cookies.
Learn more here


OK