Norway: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 71.10
 Year 2024
 Measure points
 Data availability 1996 - 2024
 Average 78.68
 Min - Max 71.10 - 88.70
 Source The Heritage Foundation
For that indicator, we provide data for Norway from 1996 to 2024. The average value for Norway during that period was 78.68 points with a minimum of 71.1 points in 2024 and a maximum of 88.7 points in 2006. The latest value from 2024 is 71.1 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
Norway - Monetary freedom - Recent values chart

Historical chart
Norway - Monetary freedom - historical chart - 1996-2024

The Monetary Freedom index for Norway from The Heritage Foundation reflects the stability of prices in Norway 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 99 2024 points
 Freedom from corruption 96 2024 points
 Fiscal freedom 97 2024 points
 Business freedom 87 2024 points
 Labor freedom 69 2024 points
 Monetary freedom 71.10 2024 points
 Trade freedom 85 2024 points
 Investment freedom 75 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 78 2024 index points
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