Rwanda: Monetary freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

Rwanda: Monetary freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Rwanda from 1997 to 2020. The average value for Rwanda during that period was 73.46 points with a minimum of 50.8 points in 1997 and a maximum of 83.7 points in 2001. The latest value from 2020 is 79.8 points. For comparison, the world average in 2020 based on 182 countries is 74.62 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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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.
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