Hong Kong: Fiscal freedom

* indicates monthly or quarterly data series
 Hong Kong

Fiscal freedom index (0-100)

 Latest value 93
 Year 2020
 Measure points
 Data availability 1995 - 2020
 Average 93
 Min - Max 91 - 94
 Source The Heritage Foundation
For that indicator, we provide data for Hong Kong from 1995 to 2020. The average value for Hong Kong during that period was 93 points with a minimum of 91 points in 1996 and a maximum of 94 points in 2001. The latest value from 2020 is 93 points. For comparison, the world average in 2020 based on 177 countries is 77 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
Hong Kong - Fiscal freedom - recent values

Historical chart
Hong Kong - Fiscal freedom - historical chart - 1995-2020




The Fiscal Freedom index for Hong Kong 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 94 2020 points
 Freedom from corruption 85 2020 points
 Fiscal freedom 93 2020 points
 Business freedom 96 2020 points
 Labor freedom 89 2020 points
 Monetary freedom 80.70 2020 points
 Trade freedom 95 2020 points
 Investment freedom 80 2020 points
 Financial freedom 90 2020 points
 Economic freedom, overall index 89 2020 index points
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