Dominica: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 75.80
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 84.55
 Min - Max 75.80 - 90.10
 Source The Heritage Foundation
For that indicator, we provide data for Dominica from 2009 to 2024. The average value for Dominica during that period was 84.55 points with a minimum of 75.8 points in 2024 and a maximum of 90.1 points in 2016. The latest value from 2024 is 75.8 points. For comparison, the world average in 2024 based on 174 countries is 67.58 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
Dominica - Monetary freedom - Recent values chart

Historical chart
Dominica - Monetary freedom - historical chart - 2009-2024

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

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 Related indicators Latest value Reference Measure
 Property rights 68 2024 points
 Freedom from corruption 59 2024 points
 Fiscal freedom 7 2024 points
 Business freedom 64 2024 points
 Labor freedom 50 2024 points
 Monetary freedom 75.80 2024 points
 Trade freedom 55 2024 points
 Investment freedom 70 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 54 2024 index points
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