
Russia: Fiscal freedom
* indicates monthly or quarterly data series
Russia |
Fiscal freedom index (0-100) |
---|---|
Latest value | 99 |
Reference | 2022 |
Measure | points |
Source | The Heritage Foundation |
For that indicator, we provide data for Russia from 1995 to 2022. The average value for Russia during that period was 84 points with a minimum of 74 points in 1998 and a maximum of 99 points in 2022.
The latest value from 2022 is 99 points. For comparison, the world average in 2022 based on 175
countries is 61 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
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The Fiscal Freedom index for Russia 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.