Sierra Leone: Monetary freedom

* indicates monthly or quarterly data series
 Sierra Leone

Monetary freedom index (0-100)

 Latest value 60.20
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 67.85
 Min - Max 49.90 - 86.60
 Source The Heritage Foundation
For that indicator, we provide data for Sierra Leone from 1995 to 2024. The average value for Sierra Leone during that period was 67.85 points with a minimum of 49.9 points in 1995 and a maximum of 86.6 points in 2004. The latest value from 2024 is 60.2 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
Sierra Leone - Monetary freedom - Recent values chart

Historical chart
Sierra Leone - Monetary freedom - historical chart - 1995-2024

The Monetary Freedom index for Sierra Leone from The Heritage Foundation reflects the stability of prices in Sierra Leone 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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 Related indicators Latest value Reference Measure
 Property rights 34 2024 points
 Freedom from corruption 35 2024 points
 Fiscal freedom 2 2024 points
 Business freedom 32 2024 points
 Labor freedom 24 2024 points
 Monetary freedom 60.20 2024 points
 Trade freedom 64 2024 points
 Investment freedom 60 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 45 2024 index points
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