Georgia: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 69.30
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 65.86
 Min - Max 0.00 - 82.70
 Source The Heritage Foundation
For that indicator, we provide data for Georgia from 1996 to 2024. The average value for Georgia during that period was 65.86 points with a minimum of 0 points in 1996 and a maximum of 82.7 points in 2015. The latest value from 2024 is 69.3 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.
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* indicates monthly or quarterly data series

Recent values chart
Georgia - Monetary freedom - Recent values chart

Historical chart
Georgia - Monetary freedom - historical chart - 1996-2024

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.

 Related indicators Latest value Reference Measure
 Property rights 53 2024 points
 Freedom from corruption 61 2024 points
 Fiscal freedom 40 2024 points
 Business freedom 74 2024 points
 Labor freedom 63 2024 points
 Monetary freedom 69.30 2024 points
 Trade freedom 86 2024 points
 Investment freedom 80 2024 points
 Financial freedom 80 2024 points
 Economic freedom, overall index 68 2024 index points
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