Togo: Monetary freedom

* indicates monthly or quarterly data series
 Togo

Monetary freedom index (0-100)

 Latest value 69.10
 Year 2024
 Measure points
 Data availability 1999 - 2024
 Average 78.12
 Min - Max 66.90 - 86.50
 Source The Heritage Foundation
The latest value from 2024 is 69.1 points, a decline from 73.4 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Togo from 1999 to 2024 is 78.12 points. The minimum value, 66.9 points, was reached in 1999 while the maximum of 86.5 points was recorded in 2006. 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
Togo - Monetary freedom - Recent values chart

Historical series
Togo - Monetary freedom - historical chart - 1999-2024




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

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Property rights 37 2024 points
 Freedom from corruption 28 2024 points
 Fiscal freedom 20 2024 points
 Business freedom 51 2024 points
 Labor freedom 52 2024 points
 Monetary freedom 69.10 2024 points
 Trade freedom 65 2024 points
 Investment freedom 60 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 51 2024 index points
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