Nicaragua: Monetary freedom

* indicates monthly or quarterly data series
 Nicaragua

Monetary freedom index (0-100)

 Latest value 71.3
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 68.36
 Min - Max 0 - 75.8
 Source The Heritage Foundation
For that indicator, we provide data for Nicaragua from 1995 to 2023. The average value for Nicaragua during that period was 68.36 points with a minimum of 0 points in 1995 and a maximum of 75.8 points in 2005. The latest value from 2023 is 71.3 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
Nicaragua - Monetary freedom - recent values

Historical chart
Nicaragua - Monetary freedom - historical chart - 1995-2023




The Monetary Freedom index for Nicaragua from The Heritage Foundation reflects the stability of prices in Nicaragua 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 30 2023 points
 Freedom from corruption 18 2023 points
 Fiscal freedom 92 2023 points
 Business freedom 54 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 71.30 2023 points
 Trade freedom 66 2023 points
 Investment freedom 60 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 55 2023 index points
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