Italy: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 82.6
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 83.03
 Min - Max 77 - 88.2
 Source The Heritage Foundation
For that indicator, we provide data for Italy from 1995 to 2023. The average value for Italy during that period was 83.03 points with a minimum of 77 points in 1996 and a maximum of 88.2 points in 2018. The latest value from 2023 is 82.6 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
Italy - Monetary freedom - recent values

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

The Monetary Freedom index for Italy from The Heritage Foundation reflects the stability of prices in Italy 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 81 2023 points
 Freedom from corruption 61 2023 points
 Fiscal freedom 20 2023 points
 Business freedom 74 2023 points
 Labor freedom 71 2023 points
 Monetary freedom 82.60 2023 points
 Trade freedom 79 2023 points
 Investment freedom 80 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 62 2023 index points
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