Syria: Monetary freedom

The latest value from 2021 is 60.6 points, an increase from 58.8 points in 2020. In comparison, the world average is 74.71 points, based on data from 180 countries. Historically, the average for Syria from 1996 to 2021 is 66.28 points. The minimum value, 42.7 points, was reached in 2016 while the maximum of 80.5 points was recorded in 2004. See the global rankings for that indicator or use the country comparator to compare trends over time.

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