Nicaragua: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 92
 Year 2023
 Measure points
 Data availability 1995 - 2023
 Average 80
 Min - Max 76 - 92
 Source The Heritage Foundation
For that indicator, we provide data for Nicaragua from 1995 to 2023. The average value for Nicaragua during that period was 80 points with a minimum of 76 points in 2000 and a maximum of 92 points in 2023. The latest value from 2023 is 92 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
Nicaragua - Fiscal freedom - recent values

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

The Fiscal Freedom index for Nicaragua 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 30 2023 points
 Freedom from corruption 18 2023 points
 Fiscal freedom 92 2023 points
 Business freedom 54 2023 points
 Labor freedom 47 2023 points
 Monetary freedom 71.30 2023 points
 Trade freedom 66 2023 points
 Investment freedom 60 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 55 2023 index points
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