Trinidad and Tobago: Fiscal freedom

(measure: points; source: The Heritage Foundation)

Trinidad and Tobago: Fiscal freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Trinidad and Tobago from 1996 to 2017. The average value for Trinidad and Tobago during that period was 76 points with a minumum of 65 points in 1996 and a maximum of 86 points in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The Fiscal Freedom index for Tr.&Tobago 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.