Kiribati: Monetary freedom

* indicates monthly or quarterly data series
 Kiribati

Monetary freedom index (0-100)

 Latest value 76.90
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 79.83
 Min - Max 71.10 - 88.70
 Source The Heritage Foundation
The latest value from 2024 is 76.9 points, a decline from 79.5 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Kiribati from 2009 to 2024 is 79.83 points. The minimum value, 71.1 points, was reached in 2011 while the maximum of 88.7 points was recorded in 2009. 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 data
Kiribati - Monetary freedom - Recent values chart

Historical series
Kiribati - Monetary freedom - historical chart - 2009-2024




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

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Property rights 73 2024 points
 Freedom from corruption 49 2024 points
 Fiscal freedom 20 2024 points
 Business freedom 61 2024 points
 Labor freedom 58 2024 points
 Monetary freedom 76.90 2024 points
 Trade freedom 80 2024 points
 Investment freedom 30 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 51 2024 index points
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