Fiji: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 79
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 77.04
 Min - Max 72.5 - 81.8
 Source The Heritage Foundation
For that indicator, we provide data for Fiji from 1995 to 2023. The average value for Fiji during that period was 77.04 points with a minimum of 72.5 points in 2020 and a maximum of 81.8 points in 2004. The latest value from 2023 is 79 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
Fiji - Monetary freedom - recent values

Historical chart
Fiji - Monetary freedom - historical chart - 1995-2023

The Monetary Freedom index for Fiji from The Heritage Foundation reflects the stability of prices in Fiji 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 58 2023 points
 Freedom from corruption 55 2023 points
 Fiscal freedom 6 2023 points
 Business freedom 63 2023 points
 Labor freedom 66 2023 points
 Monetary freedom 79.00 2023 points
 Trade freedom 59 2023 points
 Investment freedom 55 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 58 2023 index points
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