Liberia: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 73
 Year 2023
 Measure points
 Data availability 2009 - 2023
 Average 78
 Min - Max 65 - 86
 Source The Heritage Foundation
For that indicator, we provide data for Liberia from 2009 to 2023. The average value for Liberia during that period was 78 points with a minimum of 65 points in 2022 and a maximum of 86 points in 2020. The latest value from 2023 is 73 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
Liberia - Fiscal freedom - recent values

Historical chart
Liberia - Fiscal freedom - historical chart - 2009-2023

The Fiscal Freedom index for Liberia 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 32 2023 points
 Freedom from corruption 26 2023 points
 Fiscal freedom 73 2023 points
 Business freedom 34 2023 points
 Labor freedom 43 2023 points
 Monetary freedom 68.30 2023 points
 Trade freedom 67 2023 points
 Investment freedom 55 2023 points
 Financial freedom 20 2023 points
 Economic freedom, overall index 50 2023 index points
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