Madagascar: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 82
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 83
 Min - Max 74 - 91
 Source The Heritage Foundation
For that indicator, we provide data for Madagascar from 1995 to 2023. The average value for Madagascar during that period was 83 points with a minimum of 74 points in 2002 and a maximum of 91 points in 2014. The latest value from 2023 is 82 points. For comparison, the world average in 2023 based on 174 countries is 55 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
Madagascar - Fiscal freedom - recent values

Historical chart
Madagascar - Fiscal freedom - historical chart - 1995-2023

The Fiscal Freedom index for Madagascar 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 42 2023 points
 Freedom from corruption 24 2023 points
 Fiscal freedom 82 2023 points
 Business freedom 39 2023 points
 Labor freedom 56 2023 points
 Monetary freedom 75.30 2023 points
 Trade freedom 66 2023 points
 Investment freedom 55 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 59 2023 index points
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