Rwanda: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 69.80
 Year 2024
 Measure points
 Data availability 1997 - 2024
 Average 73.83
 Min - Max 50.80 - 83.70
 Source The Heritage Foundation
For that indicator, we provide data for Rwanda from 1997 to 2024. The average value for Rwanda during that period was 73.83 points with a minimum of 50.8 points in 1997 and a maximum of 83.7 points in 2001. The latest value from 2024 is 69.8 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
Rwanda - Monetary freedom - Recent values chart

Historical chart
Rwanda - Monetary freedom - historical chart - 1997-2024

The Monetary Freedom index for Rwanda from The Heritage Foundation reflects the stability of prices in Rwanda 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 62 2024 points
 Freedom from corruption 52 2024 points
 Fiscal freedom 13 2024 points
 Business freedom 54 2024 points
 Labor freedom 40 2024 points
 Monetary freedom 69.80 2024 points
 Trade freedom 54 2024 points
 Investment freedom 60 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 52 2024 index points
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