Germany: Financial freedom

For that indicator, we provide data for Germany from 1995 to 2022. The average value for Germany during that period was 61 points with a minimum of 50 points in 1998 and a maximum of 70 points in 1995. The latest value from 2022 is 70 points. For comparison, the world average in 2022 based on 175 countries is 49 points. See the global rankings for that indicator or use the country comparator to compare trends over time.

The Financial Freedom index for Germany from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.

Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.