Dominican Republic: Monetary freedom

* indicates monthly or quarterly data series
 Dominican Republic

Monetary freedom index (0-100)

 Latest value 66.90
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 72.70
 Min - Max 49.30 - 79.90
 Source The Heritage Foundation
The latest value from 2024 is 66.9 points, a decline from 68.8 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Dominican Republic from 1995 to 2024 is 72.7 points. The minimum value, 49.3 points, was reached in 2006 while the maximum of 79.9 points was recorded in 2000. 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 data
Dominican Republic - Monetary freedom - Recent values chart

Historical series
Dominican Republic - Monetary freedom - historical chart - 1995-2024




The Monetary Freedom index for Dominican Republic from The Heritage Foundation reflects the stability of prices in Dominican Republic 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 56 2024 points
 Freedom from corruption 36 2024 points
 Fiscal freedom 58 2024 points
 Business freedom 76 2024 points
 Labor freedom 53 2024 points
 Monetary freedom 66.90 2024 points
 Trade freedom 68 2024 points
 Investment freedom 70 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 63 2024 index points
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