For that indicator, The Heritage Foundation provides data for Serbia from 2002 to 2019. The average value for Serbia during that period was 66.99 points with a minumum of 34.2 points in 2003 and a maximum of 82.9 points in 2018.
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The Monetary Freedom index for Serbia from The Heritage Foundation reflects the stability of prices in Serbia 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.