Serbia: Fiscal freedom

* indicates monthly or quarterly data series
 Serbia

Fiscal freedom index (0-100)

 Latest value 74
 Year 2023
 Measure points
 Data availability 2002 - 2023
 Average 84
 Min - Max 74 - 93
 Source The Heritage Foundation
For that indicator, we provide data for Serbia from 2002 to 2023. The average value for Serbia during that period was 84 points with a minimum of 74 points in 2023 and a maximum of 93 points in 2021. The latest value from 2023 is 74 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
Serbia - Fiscal freedom - recent values

Historical chart
Serbia - Fiscal freedom - historical chart - 2002-2023




The Fiscal Freedom index for Serbia 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 59 2023 points
 Freedom from corruption 38 2023 points
 Fiscal freedom 74 2023 points
 Business freedom 74 2023 points
 Labor freedom 68 2023 points
 Monetary freedom 78.60 2023 points
 Trade freedom 76 2023 points
 Investment freedom 70 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 64 2023 index points
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