Croatia: Fiscal freedom
* indicates monthly or quarterly data series
Croatia |
Fiscal freedom index (0-100) |
---|---|
Latest value | 75 |
Year | 2024 |
Measure | points |
Data availability | 1996 - 2024 |
Average | 71 |
Min - Max | 59 - 79 |
Source | The Heritage Foundation |
The latest value from 2024 is 75 points, an increase from 70 points in 2023. In comparison, the world average is 52 points, based on data from 174 countries. Historically, the average for Croatia from 1996 to 2024 is 71 points. The minimum value, 59 points, was reached in 2005 while the maximum of 79 points was recorded in 2021.
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The Fiscal Freedom index for Croatia from The Heritage Foundation reflects the tax burden imposed by the government, including the direct taxes on individuals and corporations and the overall amount of tax revenue as a a share of GDP.
Definition: The Fiscal freedom index measures the tax burden imposed by government. It is composed of three quantitative factors: the top marginal tax rate on individual income, the top marginal tax rate on corporate income, and the total tax burden as a percentage of GDP.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Property rights | 80 | 2024 | points |
Freedom from corruption | 51 | 2024 | points |
Fiscal freedom | 75 | 2024 | points |
Business freedom | 77 | 2024 | points |
Labor freedom | 68 | 2024 | points |
Monetary freedom | 67.40 | 2024 | points |
Trade freedom | 79 | 2024 | points |
Investment freedom | 70 | 2024 | points |
Financial freedom | 60 | 2024 | points |
Economic freedom, overall index | 67 | 2024 | index points |