Monetary Freedom Index

South America Ranking

(0-100)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Guyana	83.3	2022	3	81.3
2 ↓	Peru	81.4	2022	1	86.1
3 ↓	Chile	79.4	2022	2	85.5
4	Colombia	79.3	2022	4	78.1
5	Brazil	78.4	2022	5	77.8
6	Paraguay	75.6	2022	6	73.8
7 ↑	Bolivia	72.8	2022	9	71
8	Uruguay	70.9	2022	8	72.5
9 ↓	Suriname	58.4	2022	7	73.7
10	Argentina	37.9	2022	10	41.9
11	Venezuela	0	2022	11	0

Definition of Monetary Freedom Index

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.