| Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
|---|---|---|---|---|---|
| 1 ↑ | Cape Verde | 84.4 | 2022 | 7 | 83.3 |
| 2 ↓ | Guinea-Bissau | 83.4 | 2022 | 1 | 86.7 |
| 3 ↑ | Mali | 82.8 | 2022 | 5 | 83.7 |
| 4 ↑ | Seychelles | 82.1 | 2022 | 9 | 80.3 |
| 5 ↓ | Gabon | 81.5 | 2022 | 3 | 84.5 |
| 5 ↑ | Comoros | 81.5 | 2022 | 13 | 79.7 |
| 7 ↓ | Republic of the Congo | 80.5 | 2022 | 2 | 86.5 |
| 8 ↓ | Benin | 80.4 | 2022 | 5 | 83.7 |
| 9 ↑ | Mauritania | 80.3 | 2022 | 11 | 80 |
| 10 ↓ | Algeria | 80.1 | 2022 | 4 | 84.3 |
| 11 ↓ | Morocco | 80 | 2022 | 9 | 80.3 |
| 12 ↓ | Cameroon | 79.9 | 2022 | 8 | 81.2 |
| 13 ↑ | Namibia | 79 | 2022 | 19 | 77.2 |
| 14 ↑ | Mozambique | 78.8 | 2022 | 20 | 77.1 |
| 15 ↑ | Uganda | 78.2 | 2022 | 16 | 78.9 |
| 16 ↑ | South Africa | 78 | 2022 | 21 | 76.8 |
| 17 | Swaziland | 77.9 | 2022 | 17 | 78.2 |
| 18 ↑ | Mauritius | 77.4 | 2021 | 30 | 73.8 |
| 19 ↓ | Togo | 77.3 | 2022 | 13 | 79.7 |
| 20 ↑ | Sudan | 77 | 2020 | 47 | 56.9 |
| 21 ↓ | Senegal | 76.1 | 2022 | 15 | 79 |
| 22 ↑ | Madagascar | 75.9 | 2022 | 31 | 73.7 |
| 22 ↑ | Lesotho | 75.9 | 2022 | 23 | 75.8 |
| 24 ↑ | Burkina Faso | 75.6 | 2022 | 26 | 74.7 |
| 25 ↓ | Kenya | 75.5 | 2022 | 24 | 75.4 |
| 26 ↑ | Botswana | 75.4 | 2022 | 29 | 74.1 |
| 27 ↑ | Central African Republic | 75.3 | 2022 | 33 | 73.3 |
| 28 ↓ | Niger | 74.6 | 2022 | 25 | 75.3 |
| 29 ↑ | Tunisia | 74.4 | 2022 | 32 | 73.6 |
| 29 ↓ | Rwanda | 74.4 | 2022 | 12 | 79.8 |
| 31 ↓ | Chad | 74.2 | 2022 | 22 | 76.7 |
| 32 ↑ | Tanzania | 73.8 | 2022 | 34 | 72.9 |
| 33 ↓ | Equatorial Guinea | 73 | 2022 | 18 | 78.1 |
| 34 ↓ | Ivory Coast | 71.3 | 2022 | 26 | 74.7 |
| 35 ↑ | Malawi | 71.1 | 2022 | 37 | 70.5 |
| 36 ↑ | Egypt | 70.9 | 2022 | 43 | 64.3 |
| 37 ↓ | Ghana | 70.8 | 2022 | 35 | 71.7 |
| 38 ↓ | Burundi | 70.3 | 2022 | 26 | 74.7 |
| 39 ↑ | Libya | 69.7 | 2021 | 49 | 53.56 |
| 39 ↓ | Guinea | 69.7 | 2022 | 37 | 70.5 |
| 41 ↓ | Djibouti | 69.5 | 2022 | 39 | 70.4 |
| 42 ↓ | Nigeria | 67.5 | 2022 | 41 | 68 |
| 43 ↓ | Sao Tome and Principe | 67 | 2021 | 40 | 68.1 |
| 44 ↓ | Zambia | 66.4 | 2022 | 36 | 71.2 |
| 45 ↓ | Sierra Leone | 65.1 | 2022 | 42 | 65.1 |
| 46 ↓ | Gambia | 64.1 | 2022 | 44 | 63.3 |
| 47 ↓ | Liberia | 61.7 | 2022 | 46 | 58.5 |
| 48 | Eritrea | 61.5 | 2022 | 48 | 55 |
| 49 ↓ | Ethiopia | 57.7 | 2022 | 45 | 60.6 |
| 50 | Democratic Republic of the Congo | 49.6 | 2020 | 50 | 49.1 |
| 51 | Zimbabwe | 0 | 2022 | 51 | 0 |
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.
