Macao: Fiscal freedom

* indicates monthly or quarterly data series
 Macao

Fiscal freedom index (0-100)

 Latest value 75
 Year 2020
 Measure points
 Data availability 2009 - 2020
 Average 75
 Min - Max 71 - 79
 Source The Heritage Foundation
For that indicator, we provide data for Macao from 2009 to 2020. The average value for Macao during that period was 75 points with a minimum of 71 points in 2014 and a maximum of 79 points in 2009. The latest value from 2020 is 75 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
Macao - Fiscal freedom - recent values

Historical chart
Macao - Fiscal freedom - historical chart - 2009-2020




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.


 Related indicators Latest value Reference Measure
 Property rights 40 2022 points
 Freedom from corruption 34 2020 points
 Fiscal freedom 75 2020 points
 Business freedom 60 2020 points
 Labor freedom 50 2020 points
 Monetary freedom 70.00 2020 points
 Trade freedom 90 2020 points
 Investment freedom 85 2020 points
 Financial freedom 70 2020 points
 Economic freedom, overall index 70 2020 index points
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