Uruguay: Fiscal freedom

* indicates monthly or quarterly data series

Fiscal freedom index (0-100)

 Latest value 76
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 82
 Min - Max 73 - 89
 Source The Heritage Foundation
For that indicator, we provide data for Uruguay from 1995 to 2024. The average value for Uruguay during that period was 82 points with a minimum of 73 points in 2021 and a maximum of 89 points in 1998. The latest value from 2024 is 76 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
Uruguay - Fiscal freedom - Recent values chart

Historical chart
Uruguay - Fiscal freedom - historical chart - 1995-2024

The Fiscal Freedom index for Uruguay 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 85 2024 points
 Freedom from corruption 78 2024 points
 Fiscal freedom 76 2024 points
 Business freedom 84 2024 points
 Labor freedom 61 2024 points
 Monetary freedom 66.20 2024 points
 Trade freedom 71 2024 points
 Investment freedom 60 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 70 2024 index points
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