Libya: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 91
 Year 2018
 Measure points
 Data availability 1996 - 2018
 Average 65
 Min - Max 32 - 95
 Source The Heritage Foundation
For that indicator, we provide data for Libya from 1996 to 2018. The average value for Libya during that period was 65 points with a minimum of 32 points in 2004 and a maximum of 95 points in 2014. The latest value from 2018 is 91 points. For comparison, the world average in 2018 based on 179 countries is 76 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
Libya - Fiscal freedom - recent values

Historical chart
Libya - Fiscal freedom - historical chart - 1996-2018

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.

 Related indicators Latest value Reference Measure
 Property rights 6 2024 points
 Freedom from corruption 10 2024 points
 Fiscal freedom 91 2018 points
 Business freedom 31 2023 points
 Labor freedom 49 2023 points
 Monetary freedom 75.10 2023 points
 Trade freedom 80 2018 points
 Investment freedom 5 2021 points
 Financial freedom 20 2014 points
 Economic freedom, overall index 36 2012 index points
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