Spain: Monetary freedom

* indicates monthly or quarterly data series
 Spain

Monetary freedom index (0-100)

 Latest value 74.10
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 81.14
 Min - Max 74.10 - 87.50
 Source The Heritage Foundation
The latest value from 2024 is 74.1 points, a decline from 80.6 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Spain from 1995 to 2024 is 81.14 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 for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Spain - Monetary freedom - Recent values chart

Historical series
Spain - Monetary freedom - historical chart - 1995-2024




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.

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 Related indicators Latest Reference Measure
 Property rights 87 2024 points
 Freedom from corruption 64 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 80 2024 points
 Labor freedom 64 2024 points
 Monetary freedom 74.10 2024 points
 Trade freedom 84 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 63 2024 index points
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