Guinea: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 68.2
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 70.88
 Min - Max 54.3 - 85
 Source The Heritage Foundation
For that indicator, we provide data for Guinea from 1995 to 2023. The average value for Guinea during that period was 70.88 points with a minimum of 54.3 points in 2008 and a maximum of 85 points in 1999. The latest value from 2023 is 68.2 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 - Monetary freedom - recent values

Historical chart
Guinea - Monetary freedom - historical chart - 1995-2023

The Monetary Freedom index for Guinea from The Heritage Foundation reflects the stability of prices in Guinea 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 20 2023 points
 Freedom from corruption 24 2023 points
 Fiscal freedom 92 2023 points
 Business freedom 45 2023 points
 Labor freedom 50 2023 points
 Monetary freedom 68.20 2023 points
 Trade freedom 59 2023 points
 Investment freedom 50 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 53 2023 index points
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