Paraguay: Monetary freedom

* indicates monthly or quarterly data series
 Paraguay

Monetary freedom index (0-100)

 Latest value 67.30
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 73.24
 Min - Max 62.00 - 81.40
 Source The Heritage Foundation
The latest value from 2024 is 67.3 points, a decline from 72.6 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Paraguay from 1995 to 2024 is 73.24 points. The minimum value, 62 points, was reached in 1996 while the maximum of 81.4 points was recorded in 2012. 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 data
Paraguay - Monetary freedom - Recent values chart

Historical series
Paraguay - Monetary freedom - historical chart - 1995-2024




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

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Property rights 45 2024 points
 Freedom from corruption 27 2024 points
 Fiscal freedom 46 2024 points
 Business freedom 69 2024 points
 Labor freedom 40 2024 points
 Monetary freedom 67.30 2024 points
 Trade freedom 77 2024 points
 Investment freedom 75 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 60 2024 index points
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