Ukraine: Monetary freedom
* indicates monthly or quarterly data series
Ukraine |
Monetary freedom index (0-100) |
---|---|
Latest value | 71.20 |
Year | 2022 |
Measure | points |
Data availability | 1995 - 2022 |
Average | 56.08 |
Min - Max | 0.00 - 78.70 |
Source | The Heritage Foundation |
The latest value from 2022 is 71.2 points, an increase from 65.8 points in 2021. In comparison, the world average is 74.32 points, based on data from 175 countries. Historically, the average for Ukraine from 1995 to 2022 is 56.08 points. The minimum value, 0 points, was reached in 1995 while the maximum of 78.7 points was recorded in 2014.
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The Monetary Freedom index for Ukraine from The Heritage Foundation reflects the stability of prices in Ukraine 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
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Property rights | 23 | 2024 | points |
Freedom from corruption | 33 | 2024 | points |
Fiscal freedom | 74 | 2022 | points |
Business freedom | 61 | 2022 | points |
Labor freedom | 61 | 2022 | points |
Monetary freedom | 71.20 | 2022 | points |
Trade freedom | 73 | 2024 | points |
Investment freedom | 35 | 2022 | points |
Financial freedom | 30 | 2022 | points |
Economic freedom, overall index | 54 | 2022 | index points |