Montenegro: Monetary freedom

* indicates monthly or quarterly data series
 Montenegro

Monetary freedom index (0-100)

 Latest value 75.20
 Year 2026
 Measure points
 Data availability 2002 - 2026
 Average 75.40
 Min - Max 34.20 - 85.60
 Source The Heritage Foundation
 Available for Data download
The latest value from 2026 is 75.2 points, an increase from 70.9 points in 2025. In comparison, the world average is 69.93 points, based on data from 180 countries. Historically, the average for Montenegro from 2002 to 2026 is 75.4 points. The minimum value, 34.2 points, was reached in 2003 while the maximum of 85.6 points was recorded in 2022. 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
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 Recent values Montenegro: Monetary freedom
 2026 75.20
 2025 70.90
 2024 70.70
 2023 81.80
 2022 85.60
 2021 83.40
 2020 80.30
 2019 81.60




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

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 Related indicators Latest Reference Measure
 Property rights 61 2026 points
 Freedom from corruption 50 2026 points
 Fiscal freedom 86 2026 points
 Business freedom 68 2026 points
 Labor freedom 59 2026 points
 Monetary freedom 75.20 2026 points
 Trade freedom 78 2026 points
 Investment freedom 50 2026 points
 Financial freedom 50 2026 points
 Economic freedom, overall index 64 2026 index points
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