Guyana: Monetary freedom

(measure: points; Source: The Heritage Foundation)

* indicates monthly or quarterly data series

Guyana: Monetary freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Guyana from 1995 to 2019. The average value for Guyana during that period was 76.66 points with a minumum of 64 points in 1995 and a maximum of 82.4 points in 2003. See the global rankings for that indicator or use the country comparator to compare trends over time.

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

The causes of inflation in the long run and in the short run

Inflation: not too little, not too much