Malawi: Fiscal freedom

* indicates monthly or quarterly data series
 Malawi

Fiscal freedom index (0-100)

 Latest value 12
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 70
 Min - Max 11 - 80
 Source The Heritage Foundation
For that indicator, we provide data for Malawi from 1995 to 2023. The average value for Malawi during that period was 70 points with a minimum of 11 points in 2022 and a maximum of 80 points in 2019. The latest value from 2023 is 12 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
Malawi - Fiscal freedom - recent values

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




The Fiscal Freedom index for Malawi 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 48 2023 points
 Freedom from corruption 37 2023 points
 Fiscal freedom 12 2023 points
 Business freedom 34 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 70.80 2023 points
 Trade freedom 66 2023 points
 Investment freedom 50 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 53 2023 index points
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