Senegal: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 75.7
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 78.53
 Min - Max 55.8 - 90.4
 Source The Heritage Foundation
For that indicator, we provide data for Senegal from 1996 to 2023. The average value for Senegal during that period was 78.53 points with a minimum of 55.8 points in 1996 and a maximum of 90.4 points in 2006. The latest value from 2023 is 75.7 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.
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* indicates monthly or quarterly data series

Recent values chart
Senegal - Monetary freedom - recent values

Historical chart
Senegal - Monetary freedom - historical chart - 1996-2023

The Monetary Freedom index for Senegal from The Heritage Foundation reflects the stability of prices in Senegal 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 57 2023 points
 Freedom from corruption 46 2023 points
 Fiscal freedom 41 2023 points
 Business freedom 54 2023 points
 Labor freedom 54 2023 points
 Monetary freedom 75.70 2023 points
 Trade freedom 65 2023 points
 Investment freedom 60 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 58 2023 index points
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