Monetary freedom - Country rankings

* indicates monthly or quarterly data series

Monetary freedom index (0-100), 2025:

The average for 2025 based on 20 countries was 61.4 points. The highest value was in Panama: 76.4 points and the lowest value was in Venezuela: 0 points. The indicator is available from 1995 to 2025. 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, 2025 Global rank Available data
Panama 76.4 1 1995 - 2025
Ecuador 75.3 2 1995 - 2025
Costa Rica 74.9 3 1995 - 2025
Paraguay 74.6 4 1995 - 2025
Brazil 74.4 5 1995 - 2025
Guatemala 74.2 6 1995 - 2025
Peru 73.9 7 1995 - 2025
Chile 71.8 8 1995 - 2025
Bolivia 70.6 9 1995 - 2025
Colombia 69.4 10 1995 - 2025
Domin. Rep. 69.4 11 1995 - 2025
Mexico 69.3 12 1995 - 2025
Uruguay 68.5 13 1995 - 2025
Honduras 68.2 14 1995 - 2025
Nicaragua 66.4 15 1995 - 2025
El Salvador 66.2 16 1995 - 2025
Haiti 41.2 17 1995 - 2025
Argentina 23.3 18 1995 - 2025
Cuba 20 19 1995 - 2025
Venezuela 0 20 1995 - 2025


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. Panama
2. Ecuador
3. Costa Rica
4. Paraguay
5. Brazil
6. Guatemala
7. Peru
8. Chile
9. Bolivia
10. Colombia
11. Domin. Rep.
12. Mexico
13. Uruguay
14. Honduras
15. Nicaragua
16. El Salvador
17. Haiti
18. Argentina
19. Cuba
20. Venezuela
76.40
75.30
74.90
74.60
74.40
74.20
73.90
71.80
70.60
69.40
69.40
69.30
68.50
68.20
66.40
66.20
41.20
23.30
20.00
0.00
0
19.1
38.2
57.3
76.4


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