Turkmenistan: Monetary freedom

* indicates monthly or quarterly data series
 Turkmenistan

Monetary freedom index (0-100)

 Latest value 67.40
 Year 2024
 Measure points
 Data availability 1998 - 2024
 Average 60.89
 Min - Max 0.00 - 76.30
 Source The Heritage Foundation
The latest value from 2024 is 67.4 points, a decline from 67.8 points in 2023. In comparison, the world average is 67.58 points, based on data from 174 countries. Historically, the average for Turkmenistan from 1998 to 2024 is 60.89 points. The minimum value, 0 points, was reached in 1998 while the maximum of 76.3 points was recorded in 2018. 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
Turkmenistan - Monetary freedom - Recent values chart

Historical series
Turkmenistan - Monetary freedom - historical chart - 1998-2024




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

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 Related indicators Latest Reference Measure
 Property rights 18 2024 points
 Freedom from corruption 8 2024 points
 Fiscal freedom 100 2024 points
 Business freedom 37 2024 points
 Labor freedom 30 2024 points
 Monetary freedom 67.40 2024 points
 Trade freedom 74 2024 points
 Investment freedom 10 2024 points
 Financial freedom 10 2024 points
 Economic freedom, overall index 46 2024 index points
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