Uruguay: Monetary freedom

* indicates monthly or quarterly data series

Monetary freedom index (0-100)

 Latest value 71.8
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 69.86
 Min - Max 45.2 - 81.4
 Source The Heritage Foundation
For that indicator, we provide data for Uruguay from 1995 to 2023. The average value for Uruguay during that period was 69.86 points with a minimum of 45.2 points in 1995 and a maximum of 81.4 points in 2003. The latest value from 2023 is 71.8 points. For comparison, the world average in 2023 based on 176 countries is 72.44 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Uruguay - Monetary freedom - recent values

Historical chart
Uruguay - Monetary freedom - historical chart - 1995-2023

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.

 Related indicators Latest value Reference Measure
 Property rights 84 2023 points
 Freedom from corruption 77 2023 points
 Fiscal freedom 73 2023 points
 Business freedom 80 2023 points
 Labor freedom 61 2023 points
 Monetary freedom 71.80 2023 points
 Trade freedom 71 2023 points
 Investment freedom 70 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 70 2023 index points
This site uses cookies.
Learn more here