Trinidad and Tobago: Monetary freedom index (0-100): For that indicator, The Heritage Foundation provides data for Trinidad and Tobago from 1996 to 2017. The average value for Trinidad and Tobago during that period was 76.28 points with a minumum of 68.5 points in 2016 and a maximum of 82.8 points in 1999. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Monetary Freedom index for Tr.&Tobago from The Heritage Foundation reflects the stability of prices in Tr.&Tobago 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.