Nigeria: Fiscal freedom

* indicates monthly or quarterly data series
 Nigeria

Fiscal freedom index (0-100)

 Latest value 44
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 80
 Min - Max 44 - 85
 Source The Heritage Foundation
For that indicator, we provide data for Nigeria from 1995 to 2024. The average value for Nigeria during that period was 80 points with a minimum of 44 points in 2024 and a maximum of 85 points in 1998. The latest value from 2024 is 44 points. For comparison, the world average in 2024 based on 174 countries is 52 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
Nigeria - Fiscal freedom - Recent values chart

Historical chart
Nigeria - Fiscal freedom - historical chart - 1995-2024




The Fiscal Freedom index for Nigeria 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.

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 Related indicators Latest value Reference Measure
 Property rights 25 2024 points
 Freedom from corruption 22 2024 points
 Fiscal freedom 44 2024 points
 Business freedom 43 2024 points
 Labor freedom 74 2024 points
 Monetary freedom 63.20 2024 points
 Trade freedom 68 2024 points
 Investment freedom 45 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 53 2024 index points
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