(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
Guyana: Fiscal freedom index (0-100)
For that indicator, we provide data for Guyana from 1995 to 2020. The average value for Guyana during that period was 63 points with a minimum of 56 points in 1995 and a maximum of 69 points in 2015.
The latest value from 2020 is 66 points. For comparison, the world average in 2020 based on 178
countries is 77 points.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
The Fiscal Freedom index for Guyana 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.