Russia: Monetary freedom

* indicates monthly or quarterly data series
 Russia

Monetary freedom index (0-100)

 Latest value 64.9
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 54.33
 Min - Max 0 - 69.4
 Source The Heritage Foundation
For that indicator, we provide data for Russia from 1995 to 2023. The average value for Russia during that period was 54.33 points with a minimum of 0 points in 1995 and a maximum of 69.4 points in 2014. The latest value from 2023 is 64.9 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Russia - Monetary freedom - recent values

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




The Monetary Freedom index for Russia from The Heritage Foundation reflects the stability of prices in Russia 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 31 2023 points
 Freedom from corruption 28 2023 points
 Fiscal freedom 99 2023 points
 Business freedom 55 2023 points
 Labor freedom 58 2023 points
 Monetary freedom 64.90 2023 points
 Trade freedom 69 2023 points
 Investment freedom 30 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 54 2023 index points
This site uses cookies.
Learn more here


OK