North Macedonia: Fiscal freedom

* indicates monthly or quarterly data series
 North Macedonia

Fiscal freedom index (0-100)

 Latest value 38
 Year 2024
 Measure points
 Data availability 2002 - 2024
 Average 84
 Min - Max 38 - 95
 Source The Heritage Foundation
The latest value from 2024 is 38 points, a decline from 51 points in 2023. In comparison, the world average is 52 points, based on data from 174 countries. Historically, the average for North Macedonia from 2002 to 2024 is 84 points. The minimum value, 38 points, was reached in 2024 while the maximum of 95 points was recorded in 2021. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
North Macedonia - Fiscal freedom - Recent values chart

Historical series
North Macedonia - Fiscal freedom - historical chart - 2002-2024




The Fiscal Freedom index for North Macedonia 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.

Selected articles from our guide:

Are trade deficits bad for the economy?

Sources of economic growth

Currency values and investment returns

How to write an economics research paper

All articles



 Related indicators Latest Reference Measure
 Property rights 59 2024 points
 Freedom from corruption 41 2024 points
 Fiscal freedom 38 2024 points
 Business freedom 70 2024 points
 Labor freedom 56 2024 points
 Monetary freedom 64.60 2024 points
 Trade freedom 78 2024 points
 Investment freedom 65 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 61 2024 index points
This site uses cookies.
Learn more here


OK