For that indicator, The Heritage Foundation provides data for Uruguay from 1995 to 2019. The average value for Uruguay during that period was 69.52 points with a minumum of 45.2 points in 1995 and a maximum of 81.4 points in 2003.
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The Monetary Freedom index for Uruguay from The Heritage Foundation reflects the stability of prices in Uruguay 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.