Ghana: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 7
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 74
 Min - Max 7 - 86
 Source The Heritage Foundation
For that indicator, we provide data for Ghana from 1995 to 2023. The average value for Ghana during that period was 74 points with a minimum of 7 points in 2023 and a maximum of 86 points in 2013. The latest value from 2023 is 7 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.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Ghana - Fiscal freedom - recent values

Historical chart
Ghana - Fiscal freedom - historical chart - 1995-2023

The Fiscal Freedom index for Ghana 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 51 2023 points
 Freedom from corruption 45 2023 points
 Fiscal freedom 7 2023 points
 Business freedom 53 2023 points
 Labor freedom 56 2023 points
 Monetary freedom 70.30 2023 points
 Trade freedom 63 2023 points
 Investment freedom 70 2023 points
 Financial freedom 60 2023 points
 Economic freedom, overall index 58 2023 index points
This site uses cookies.
Learn more here