Nicaragua: Monetary freedom
(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Nicaragua: Monetary freedom index (0-100): For that indicator, The Heritage Foundation provides data for Nicaragua from 1995 to 2019. The average value for Nicaragua during that period was 67.88 points with a minumum of 0 points in 1995 and a maximum of 75.8 points in 2005. See the global rankings for that indicator or use the country comparator to compare trends over time.
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.