Democratic Republic of the Congo: Monetary freedom
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Democratic Republic of the Congo |
Monetary freedom index (0-100) |
---|---|
Latest value | 65.60 |
Year | 2024 |
Measure | points |
Data availability | 1995 - 2024 |
Average | 46.43 |
Min - Max | 0.00 - 78.60 |
Source | The Heritage Foundation |
The latest value from 2024 is 65.6 points, a decline from 65.8 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Democratic Republic of the Congo from 1995 to 2024 is 46.43 points. The minimum value, 0 points, was reached in 1995 while the maximum of 78.6 points was recorded in 2017.
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The Monetary Freedom index for Democratic Republic of the Congo from The Heritage Foundation reflects the stability of prices in Democratic Republic of the Congo 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
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Property rights | 15 | 2024 | points |
Freedom from corruption | 11 | 2024 | points |
Fiscal freedom | 93 | 2024 | points |
Business freedom | 33 | 2024 | points |
Labor freedom | 56 | 2024 | points |
Monetary freedom | 65.60 | 2024 | points |
Trade freedom | 68 | 2024 | points |
Investment freedom | 30 | 2024 | points |
Financial freedom | 20 | 2024 | points |
Economic freedom, overall index | 48 | 2024 | index points |