North Korea: Monetary freedom

* indicates monthly or quarterly data series
 North Korea

Monetary freedom index (0-100)

 Latest value 0
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 0
 Min - Max 0 - 0.1
 Source The Heritage Foundation
For that indicator, we provide data for North Korea from 1995 to 2024. The average value for North Korea during that period was 0 points with a minimum of 0 points in 1995 and a maximum of 0.1 points in 2023. The latest value from 2024 is 0 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
North Korea - Monetary freedom - recent values

Historical chart
North Korea - Monetary freedom - historical chart - 1995-2024




The Monetary Freedom index for North Korea from The Heritage Foundation reflects the stability of prices in North Korea 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 16 2024 points
 Freedom from corruption 4 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 5 2024 points
 Labor freedom 5 2024 points
 Monetary freedom 0.00 2024 points
 Trade freedom 0 2024 points
 Investment freedom 0 2024 points
 Financial freedom 0 2024 points
 Economic freedom, overall index 3 2024 index points
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