Madagascar: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 73
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 73.19
 Min - Max 53.5 - 82.8
 Source The Heritage Foundation
For that indicator, we provide data for Madagascar from 1995 to 2024. The average value for Madagascar during that period was 73.19 points with a minimum of 53.5 points in 1997 and a maximum of 82.8 points in 2005. The latest value from 2024 is 73 points. For comparison, the world average in 2024 based on 174 countries is 67.58 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
Madagascar - Monetary freedom - recent values

Historical chart
Madagascar - Monetary freedom - historical chart - 1995-2024

The Monetary Freedom index for Madagascar from The Heritage Foundation reflects the stability of prices in Madagascar 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 41 2024 points
 Freedom from corruption 25 2024 points
 Fiscal freedom 64 2024 points
 Business freedom 38 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 73.00 2024 points
 Trade freedom 68 2024 points
 Investment freedom 55 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 57 2024 index points
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