Spain: Monetary freedom

The latest value from 2025 is 76.5 points, an increase from 74.1 points in 2024. In comparison, the world average is 67.60 points, based on data from 174 countries. Historically, the average for Spain from 1995 to 2025 is 80.99 points. The minimum value, 74.1 points, was reached in 2024 while the maximum of 87.5 points was recorded in 2019. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

The Monetary Freedom index for Spain from The Heritage Foundation reflects the stability of prices in Spain 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.