Eritrea: Monetary freedom

* indicates monthly or quarterly data series
 Eritrea

Monetary freedom index (0-100)

 Latest value 64.6
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 58.04
 Min - Max 46 - 64.6
 Source The Heritage Foundation
For that indicator, we provide data for Eritrea from 2009 to 2023. The average value for Eritrea during that period was 58.04 points with a minimum of 46 points in 2011 and a maximum of 64.6 points in 2023. The latest value from 2023 is 64.6 points. For comparison, the world average in 2023 based on 176 countries is 72.44 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 - Monetary freedom - recent values

Historical chart
Eritrea - Monetary freedom - historical chart - 2009-2023




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


 Related indicators Latest value Reference Measure
 Property rights 10 2023 points
 Freedom from corruption 12 2023 points
 Fiscal freedom 69 2023 points
 Business freedom 31 2023 points
 Labor freedom 51 2023 points
 Monetary freedom 64.60 2023 points
 Trade freedom 68 2023 points
 Investment freedom 0 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 40 2023 index points
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