Guinea: Fiscal freedom

* indicates monthly or quarterly data series
 Guinea

Fiscal freedom index (0-100)

 Latest value 92
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 72
 Min - Max 66 - 92
 Source The Heritage Foundation
For that indicator, we provide data for Guinea from 1995 to 2023. The average value for Guinea during that period was 72 points with a minimum of 66 points in 2018 and a maximum of 92 points in 2022. The latest value from 2023 is 92 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
Guinea - Fiscal freedom - recent values

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




The Fiscal Freedom index for Guinea 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 20 2023 points
 Freedom from corruption 24 2023 points
 Fiscal freedom 92 2023 points
 Business freedom 45 2023 points
 Labor freedom 50 2023 points
 Monetary freedom 68.20 2023 points
 Trade freedom 59 2023 points
 Investment freedom 50 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 53 2023 index points
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