* indicates monthly or quarterly data series
To explore further:
Articles on the world economy:
Macao: Fiscal freedom index (0-100): For that indicator, The Heritage Foundation provides data for Macao from 2009 to 2019. The average value for Macao during that period was 75 points with a minumum of 71 points in 2014 and a maximum of 79 points in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
The Fiscal Freedom index for Macao 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.