Estonia: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 66.20
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 73.65
 Min - Max 0.00 - 87.00
 Source The Heritage Foundation
For that indicator, we provide data for Estonia from 1995 to 2024. The average value for Estonia during that period was 73.65 points with a minimum of 0 points in 1995 and a maximum of 87 points in 2002. The latest value from 2024 is 66.2 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.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Estonia - Monetary freedom - Recent values chart

Historical chart
Estonia - Monetary freedom - historical chart - 1995-2024

The Monetary Freedom index for Estonia from The Heritage Foundation reflects the stability of prices in Estonia 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 articles

The causes of inflation in the long run and in the short run

Inflation: not too little, not too much

 Related indicators Latest value Reference Measure
 Property rights 93 2024 points
 Freedom from corruption 81 2024 points
 Fiscal freedom 85 2024 points
 Business freedom 83 2024 points
 Labor freedom 64 2024 points
 Monetary freedom 66.20 2024 points
 Trade freedom 79 2024 points
 Investment freedom 90 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 78 2024 index points
This site uses cookies.
Learn more here