Monetary freedom - Country rankings

* indicates monthly or quarterly data series

Monetary freedom index (0-100), 2026:

The average for 2026 based on 180 countries was 69.93 points. The highest value was in Bahrain: 88.8 points and the lowest value was in Lebanon: 0 points. The indicator is available from 1995 to 2026. Below is a chart for all countries where data are available.

Measure: points; Source: The Heritage Foundation
Select indicator
* indicates monthly or quarterly data series


Countries Monetary freedom, 2026 Global rank Available data
Bahrain 88.8 1 1995 - 2026
Afghanistan 84.9 2 2013 - 2026
USA 84.2 3 1995 - 2026
Singapore 83.5 4 1995 - 2026
Switzerland 82.3 5 1996 - 2026
Benin 82.1 6 1996 - 2026
Jordan 81.2 7 1995 - 2026
Saudi Arabia 81.2 8 1996 - 2026
UA Emirates 81.2 9 1996 - 2026
Saint Lucia 81 10 2009 - 2026
Tr.&Tobago 81 11 1996 - 2026
Gabon 80.9 12 1995 - 2026
Barbados 80.8 13 1996 - 2026
Malaysia 80.8 14 1995 - 2026
Cape Verde 80.4 15 1996 - 2026
Finland 80.3 16 1996 - 2026
Taiwan 80.3 17 1995 - 2026
Denmark 80.1 18 1996 - 2026
Eritrea 80 19 2009 - 2026
Syria 80 20 1996 - 2026
Seychelles 79.8 21 2009 - 2026
Morocco 79.6 22 1995 - 2026
Indonesia 79.4 23 1995 - 2026
Ireland 79.3 24 1995 - 2026
South Korea 79.3 25 1995 - 2026
Oman 79.2 26 1995 - 2026
Italy 79.1 27 1995 - 2026
Cyprus 78.7 28 1996 - 2026
Albania 78.6 29 1995 - 2026
Guyana 78.5 30 1995 - 2026
R. of Congo 78.4 31 1996 - 2026
Costa Rica 78.2 32 1995 - 2026
Israel 78.2 33 1995 - 2026
Mali 78.2 34 1995 - 2026
Panama 78.2 35 1995 - 2026
Spain 78.2 36 1995 - 2026
Sweden 78.1 37 1995 - 2026
Mauritania 77.8 38 1996 - 2026
Dominica 77.7 39 2009 - 2026
Portugal 77.7 40 1995 - 2026
Peru 77.6 41 1995 - 2026
Bosnia & Herz. 77.5 42 1998 - 2026
Slovenia 77.5 43 1996 - 2026
New Zealand 77.4 44 1996 - 2026
Papua N.G. 77.4 45 1996 - 2026
Guatemala 77.3 46 1995 - 2026
St. Vincent & ... 77.3 47 2009 - 2026
Armenia 77.2 48 1996 - 2026
Australia 77.2 49 1995 - 2026
Bahamas 77.2 50 1995 - 2026
Uganda 77.1 51 1995 - 2026
Cambodia 77 52 1997 - 2026
Netherlands 77 53 1996 - 2026
Belgium 76.8 54 1996 - 2026
Swaziland 76.8 55 1995 - 2026
Kiribati 76.7 56 2009 - 2026
Lithuania 76.7 57 1996 - 2026
Turkmenistan 76.7 58 1998 - 2026
Paraguay 76.5 59 1995 - 2026
Solomon Isl. 76.5 60 2009 - 2026
Austria 76.4 61 1995 - 2026
Maldives 76.4 62 2009 - 2026
Ecuador 76.3 63 1995 - 2026
Latvia 76.3 64 1996 - 2026
Mozambique 76.2 65 1995 - 2026
China 76.1 66 1995 - 2026
Namibia 76.1 67 1997 - 2026
Azerbaijan 76 68 1996 - 2026
Brazil 76 69 1995 - 2026
Qatar 76 70 1999 - 2026
G.-Bissau 75.9 71 1999 - 2026
Bulgaria 75.8 72 1995 - 2026
South Africa 75.8 73 1995 - 2026
C.A. Republic 75.6 74 2002 - 2026
Cameroon 75.3 75 1995 - 2026
Guinea 75.3 76 1995 - 2026
Libya 75.2 77 1996 - 2026
Montenegro 75.2 78 2002 - 2026
Chile 75.1 79 1995 - 2026
Kenya 75.1 80 1995 - 2026
Czechia 75 81 1995 - 2026
Micronesia 75 82 2009 - 2026
Brunei 74.8 83 2014 - 2026
Lesotho 74.8 84 1996 - 2026
Algeria 74.7 85 1995 - 2026
Japan 74.3 86 1995 - 2026
Senegal 74.3 87 1996 - 2026
Jamaica 74.2 88 1995 - 2026
Luxembourg 74.1 89 1996 - 2026
Estonia 73.9 90 1995 - 2026
Canada 73.8 91 1995 - 2026
Comoros 73.8 92 2009 - 2026
Poland 73.8 93 1995 - 2026
Eq. Guinea 73.5 94 1999 - 2026
Iceland 73.5 95 1997 - 2026
Tanzania 73.4 96 1995 - 2026
Thailand 73.3 97 1995 - 2026
France 73.2 98 1995 - 2026
Vietnam 73.2 99 1995 - 2026
Malta 73.1 100 1995 - 2026
Serbia 73 101 2002 - 2026
Romania 72.7 102 1995 - 2026
Belize 72.6 103 1995 - 2026
Greece 72.6 104 1995 - 2026
Tajikistan 72.6 105 1998 - 2026
Germany 72.5 106 1995 - 2026
Togo 72.5 107 1999 - 2026
Fiji 72.4 108 1995 - 2026
Norway 72.4 109 1996 - 2026
Tunisia 72.4 110 1995 - 2026
Rwanda 72.3 111 1997 - 2026
Domin. Rep. 72.1 112 1995 - 2026
Hungary 72.1 113 1995 - 2026
Mongolia 72.1 114 1995 - 2026
Philippines 72.1 115 1995 - 2026
Vanuatu 72.1 116 2009 - 2026
Botswana 72 117 1995 - 2026
Burkina Faso 71.9 118 1996 - 2026
Colombia 71.9 119 1995 - 2026
UK 71.9 120 1995 - 2026
Madagascar 71.8 121 1995 - 2026
Bhutan 71.6 122 2009 - 2026
Chad 71.6 123 1997 - 2026
Liberia 71.4 124 2009 - 2026
India 70.9 125 1995 - 2026
Mauritius 70.7 126 1999 - 2026
Djibouti 70.6 127 1997 - 2026
El Salvador 70.6 128 1995 - 2026
Mexico 70.6 129 1995 - 2026
Georgia 70.2 130 1996 - 2026
Uruguay 70.2 131 1995 - 2026
Honduras 70.1 132 1995 - 2026
Croatia 69.9 133 1996 - 2026
Slovakia 69.7 134 1995 - 2026
North Macedonia 69.6 135 2002 - 2026
Nepal 69.4 136 1996 - 2026
Nicaragua 69.4 137 1995 - 2026
Samoa 69.4 138 1996 - 2026
Belarus 69 139 1995 - 2026
Kuwait 68.7 140 1996 - 2026
Iraq 68.6 141 1996 - 2026
Kyrgyzstan 68 142 1998 - 2026
Niger 67.9 143 1996 - 2026
Ivory Coast 67.6 144 1995 - 2026
Bolivia 67.1 145 1995 - 2026
Zambia 66.6 146 1995 - 2026
Moldova 66 147 1995 - 2026
Sri Lanka 65.9 148 1995 - 2026
Bangladesh 65.8 149 1995 - 2026
Ukraine 65.7 150 1995 - 2026
Uzbekistan 65.1 151 1998 - 2026
Kazakhstan 64.3 152 1998 - 2026
Russia 61.8 153 1995 - 2026
Tonga 61 154 2009 - 2026
S.T.&Principe 59.4 155 2009 - 2026
Angola 59 156 1995 - 2026
DR Congo 58.6 157 1995 - 2026
Burma 57.5 158 1996 - 2026
Gambia 57.3 159 1997 - 2026
Ghana 56.7 160 1995 - 2026
Suriname 56.4 161 1996 - 2026
Nigeria 56.1 162 1995 - 2026
Egypt 56 163 1995 - 2026
Burundi 55.5 164 1997 - 2026
Malawi 55.1 165 1995 - 2026
Pakistan 54.1 166 1995 - 2026
Ethiopia 53.7 167 1995 - 2026
Sierra Leone 53.6 168 1995 - 2026
Laos 53.3 169 1996 - 2026
Yemen 48.1 170 1995 - 2026
Haiti 45.1 171 1995 - 2026
Iran 42.2 172 1996 - 2026
Turkey 36.5 173 1995 - 2026
Argentina 28.9 174 1995 - 2026
Cuba 20 175 1995 - 2026
Sudan 6.2 176 1995 - 2026
Lebanon 0 177 1996 - 2026
North Korea 0 178 1995 - 2026
Venezuela 0 179 1995 - 2026
Zimbabwe 0 180 1995 - 2026


New - World map: Monetary freedom




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.

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All articles

1. Bahrain
2. Afghanistan
3. USA
4. Singapore
5. Switzerland
6. Benin
7. Jordan
8. Saudi Arabia
9. UA Emirates
10. Saint Lucia
11. Tr.&Tobago
12. Gabon
13. Barbados
14. Malaysia
15. Cape Verde
16. Finland
17. Taiwan
18. Denmark
19. Eritrea
20. Syria
21. Seychelles
22. Morocco
23. Indonesia
24. Ireland
25. South Korea
26. Oman
27. Italy
28. Cyprus
29. Albania
30. Guyana
31. R. of Congo
32. Costa Rica
33. Israel
34. Mali
35. Panama
36. Spain
37. Sweden
38. Mauritania
39. Dominica
40. Portugal
41. Peru
42. Bosnia & Herz.
43. Slovenia
44. New Zealand
45. Papua N.G.
46. Guatemala
47. St. Vincent & ...
48. Armenia
49. Australia
50. Bahamas
51. Uganda
52. Cambodia
53. Netherlands
54. Belgium
55. Swaziland
56. Kiribati
57. Lithuania
58. Turkmenistan
59. Paraguay
60. Solomon Isl.
61. Austria
62. Maldives
63. Ecuador
64. Latvia
65. Mozambique
66. China
67. Namibia
68. Azerbaijan
69. Brazil
70. Qatar
71. G.-Bissau
72. Bulgaria
73. South Africa
74. C.A. Republic
75. Cameroon
76. Guinea
77. Libya
78. Montenegro
79. Chile
80. Kenya
81. Czechia
82. Micronesia
83. Brunei
84. Lesotho
85. Algeria
86. Japan
87. Senegal
88. Jamaica
89. Luxembourg
90. Estonia
91. Canada
92. Comoros
93. Poland
94. Eq. Guinea
95. Iceland
96. Tanzania
97. Thailand
98. France
99. Vietnam
100. Malta
101. Serbia
102. Romania
103. Belize
104. Greece
105. Tajikistan
106. Germany
107. Togo
108. Fiji
109. Norway
110. Tunisia
111. Rwanda
112. Domin. Rep.
113. Hungary
114. Mongolia
115. Philippines
116. Vanuatu
117. Botswana
118. Burkina Faso
119. Colombia
120. UK
121. Madagascar
122. Bhutan
123. Chad
124. Liberia
125. India
126. Mauritius
127. Djibouti
128. El Salvador
129. Mexico
130. Georgia
131. Uruguay
132. Honduras
133. Croatia
134. Slovakia
135. North Macedonia
136. Nepal
137. Nicaragua
138. Samoa
139. Belarus
140. Kuwait
141. Iraq
142. Kyrgyzstan
143. Niger
144. Ivory Coast
145. Bolivia
146. Zambia
147. Moldova
148. Sri Lanka
149. Bangladesh
150. Ukraine
151. Uzbekistan
152. Kazakhstan
153. Russia
154. Tonga
155. S.T.&Principe
156. Angola
157. DR Congo
158. Burma
159. Gambia
160. Ghana
161. Suriname
162. Nigeria
163. Egypt
164. Burundi
165. Malawi
166. Pakistan
167. Ethiopia
168. Sierra Leone
169. Laos
170. Yemen
171. Haiti
172. Iran
173. Turkey
174. Argentina
175. Cuba
176. Sudan
177. Lebanon
178. North Korea
179. Venezuela
180. Zimbabwe
88.80
84.90
84.20
83.50
82.30
82.10
81.20
81.20
81.20
81.00
81.00
80.90
80.80
80.80
80.40
80.30
80.30
80.10
80.00
80.00
79.80
79.60
79.40
79.30
79.30
79.20
79.10
78.70
78.60
78.50
78.40
78.20
78.20
78.20
78.20
78.20
78.10
77.80
77.70
77.70
77.60
77.50
77.50
77.40
77.40
77.30
77.30
77.20
77.20
77.20
77.10
77.00
77.00
76.80
76.80
76.70
76.70
76.70
76.50
76.50
76.40
76.40
76.30
76.30
76.20
76.10
76.10
76.00
76.00
76.00
75.90
75.80
75.80
75.60
75.30
75.30
75.20
75.20
75.10
75.10
75.00
75.00
74.80
74.80
74.70
74.30
74.30
74.20
74.10
73.90
73.80
73.80
73.80
73.50
73.50
73.40
73.30
73.20
73.20
73.10
73.00
72.70
72.60
72.60
72.60
72.50
72.50
72.40
72.40
72.40
72.30
72.10
72.10
72.10
72.10
72.10
72.00
71.90
71.90
71.90
71.80
71.60
71.60
71.40
70.90
70.70
70.60
70.60
70.60
70.20
70.20
70.10
69.90
69.70
69.60
69.40
69.40
69.40
69.00
68.70
68.60
68.00
67.90
67.60
67.10
66.60
66.00
65.90
65.80
65.70
65.10
64.30
61.80
61.00
59.40
59.00
58.60
57.50
57.30
56.70
56.40
56.10
56.00
55.50
55.10
54.10
53.70
53.60
53.30
48.10
45.10
42.20
36.50
28.90
20.00
6.20
0.00
0.00
0.00
0.00
0
22.2
44.4
66.6
88.8


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