Libya: Fiscal freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

Libya: Fiscal freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Libya from 1996 to 2018. The average value for Libya during that period was 65 points with a minumum of 32 points in 2004 and a maximum of 95 points in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The Fiscal Freedom index for Libya 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.
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