Gambia: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 70
 Year 2023
 Measure points
 Data availability 1997 - 2023
 Average 73
 Min - Max 69 - 79
 Source The Heritage Foundation
For that indicator, we provide data for the Gambia from 1997 to 2023. The average value for the Gambia during that period was 73 points with a minimum of 69 points in 2022 and a maximum of 79 points in 2014. The latest value from 2023 is 70 points. For comparison, the world average in 2023 based on 174 countries is 55 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Gambia - Fiscal freedom - recent values

Historical chart
Gambia - Fiscal freedom - historical chart - 1997-2023

The Fiscal Freedom index for the Gambia 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.

 Related indicators Latest value Reference Measure
 Property rights 47 2023 points
 Freedom from corruption 37 2023 points
 Fiscal freedom 70 2023 points
 Business freedom 51 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 63.30 2023 points
 Trade freedom 64 2023 points
 Investment freedom 65 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 58 2023 index points
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