Turkmenistan: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 100
 Year 2024
 Measure points
 Data availability 1998 - 2024
 Average 90
 Min - Max 56 - 100
 Source The Heritage Foundation
For that indicator, we provide data for Turkmenistan from 1998 to 2024. The average value for Turkmenistan during that period was 90 points with a minimum of 56 points in 1998 and a maximum of 100 points in 2023. The latest value from 2024 is 100 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
Turkmenistan - Fiscal freedom - Recent values chart

Historical chart
Turkmenistan - Fiscal freedom - historical chart - 1998-2024

The Fiscal Freedom index for Turkmenistan 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 18 2024 points
 Freedom from corruption 8 2024 points
 Fiscal freedom 100 2024 points
 Business freedom 37 2024 points
 Labor freedom 30 2024 points
 Monetary freedom 67.40 2024 points
 Trade freedom 74 2024 points
 Investment freedom 10 2024 points
 Financial freedom 10 2024 points
 Economic freedom, overall index 46 2024 index points
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