* indicates monthly or quarterly data series
To explore further:
Articles on the world economy:
Georgia: Monetary freedom index (0-100): For that indicator, The Heritage Foundation provides data for Georgia from 1996 to 2019. The average value for Georgia during that period was 64.07 points with a minumum of 0 points in 1996 and a maximum of 82.7 points in 2015. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Monetary Freedom index for Georgia from The Heritage Foundation reflects the stability of prices in Georgia 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.