Eritrea: Financial freedom

* indicates monthly or quarterly data series
 Eritrea

Financial freedom index (0-100)

 Latest value 20
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 20
 Min - Max 20 - 20
 Source The Heritage Foundation
For that indicator, we provide data for Eritrea from 2009 to 2024. The average value for Eritrea during that period was 20 points with a minimum of 20 points in 2009 and a maximum of 20 points in 2009. The latest value from 2024 is 20 points. For comparison, the world average in 2024 based on 175 countries is 49 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
Eritrea - Financial freedom - Recent values chart

Historical chart
Eritrea - Financial freedom - historical chart - 2009-2024




The Financial Freedom index for Eritrea from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

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 Related indicators Latest value Reference Measure
 Property rights 8 2024 points
 Freedom from corruption 15 2024 points
 Fiscal freedom 69 2024 points
 Business freedom 31 2024 points
 Labor freedom 51 2024 points
 Monetary freedom 63.80 2024 points
 Trade freedom 68 2024 points
 Investment freedom 0 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 40 2024 index points
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