Macao: Monetary freedom

The latest value from 2020 is 70 points, a decline from 76.5 points in 2019. In comparison, the world average is 74.63 points, based on data from 181 countries. Historically, the average for Macao from 2009 to 2020 is 76.83 points. The minimum value, 69.6 points, was reached in 2016 while the maximum of 84.2 points was recorded in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.

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