Libya: Monetary freedom

* indicates monthly or quarterly data series
 Libya

Monetary freedom index (0-100)

 Latest value 75.10
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 67.22
 Min - Max 52.80 - 80.10
 Source The Heritage Foundation
For that indicator, we provide data for Libya from 1996 to 2023. The average value for Libya during that period was 67.22 points with a minimum of 52.8 points in 2019 and a maximum of 80.1 points in 2007. The latest value from 2023 is 75.1 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
Libya - Monetary freedom - Recent values chart

Historical chart
Libya - Monetary freedom - historical chart - 1996-2023




The Monetary Freedom index for Libya from The Heritage Foundation reflects the stability of prices in Libya 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 6 2024 points
 Freedom from corruption 10 2024 points
 Fiscal freedom 91 2018 points
 Business freedom 31 2023 points
 Labor freedom 49 2023 points
 Monetary freedom 75.10 2023 points
 Trade freedom 80 2018 points
 Investment freedom 5 2021 points
 Financial freedom 20 2014 points
 Economic freedom, overall index 36 2012 index points
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