Guyana: Monetary freedom
(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Guyana: Monetary freedom index (0-100)
: For that indicator, we provide data for Guyana from 1995 to 2020. The average value for Guyana during that period was 76.88 points with a minimum of 64 points in 1995 and a maximum of 82.5 points in 2020. The latest value from 2020 is 82.5 points. For comparison, the world average in 2020 based on 182 countries is 74.62 points. 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.
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