Greece: Monetary freedom

* indicates monthly or quarterly data series
 Greece

Monetary freedom index (0-100)

 Latest value 68.90
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 76.37
 Min - Max 65.30 - 81.00
 Source The Heritage Foundation
The latest value from 2024 is 68.9 points, a decline from 79.6 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Greece from 1995 to 2024 is 76.37 points. The minimum value, 65.3 points, was reached in 1995 while the maximum of 81 points was recorded in 2018. 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 data
Greece - Monetary freedom - Recent values chart

Historical series
Greece - Monetary freedom - historical chart - 1995-2024




The Monetary Freedom index for Greece from The Heritage Foundation reflects the stability of prices in Greece 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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Property rights 77 2024 points
 Freedom from corruption 55 2024 points
 Fiscal freedom 6 2024 points
 Business freedom 74 2024 points
 Labor freedom 63 2024 points
 Monetary freedom 68.90 2024 points
 Trade freedom 79 2024 points
 Investment freedom 55 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 55 2024 index points
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