Somalia: Fiscal freedom
* indicates monthly or quarterly data series
Somalia |
Fiscal freedom index (0-100) |
---|---|
Latest value | 100 |
Year | 2017 |
Measure | points |
Data availability | 2017 - 2017 |
Average | 100 |
Min - Max | 100 - 100 |
Source | The Heritage Foundation |
The latest value from 2017 is 100 points, an increase from points in . In comparison, the world average is 77 points, based on data from 180 countries. Historically, the average for Somalia from 2017 to 2017 is 100 points. The minimum value, 100 points, was reached in 2017 while the maximum of 100 points was recorded in 2017.
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The value of that indicator for 2017 is 100 points.
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The Fiscal Freedom index for Somalia 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 | Reference | Measure |
---|---|---|---|
Property rights | 28 | 2021 | points |
Freedom from corruption | 12 | 2021 | points |
Fiscal freedom | 100 | 2017 | points |
Business freedom | 31 | 2021 | points |
Labor freedom | 92 | 2017 | points |