Guinea-Bissau: Monetary freedom

* indicates monthly or quarterly data series
 Guinea-Bissau

Monetary freedom index (0-100)

 Latest value 79.9
 Year 2023
 Measure points
 Data availability 1999 - 2023
 Average 75.1
 Min - Max 40.6 - 89
 Source The Heritage Foundation
For that indicator, we provide data for Guinea-Bissau from 1999 to 2023. The average value for Guinea-Bissau during that period was 75.1 points with a minimum of 40.6 points in 1999 and a maximum of 89 points in 2006. The latest value from 2023 is 79.9 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
Guinea-Bissau - Monetary freedom - recent values

Historical chart
Guinea-Bissau - Monetary freedom - historical chart - 1999-2023




The Monetary Freedom index for Guinea-Bissau from The Heritage Foundation reflects the stability of prices in Guinea-Bissau 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 28 2023 points
 Freedom from corruption 19 2023 points
 Fiscal freedom 22 2023 points
 Business freedom 32 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 79.90 2023 points
 Trade freedom 51 2023 points
 Investment freedom 30 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 45 2023 index points
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