Fiscal Freedom Index
Global Ranking
(0-100)Source: IMF
Current Rank | Country | Value | Latest Reading | Previous Rank | Previous Value |
---|---|---|---|---|---|
1 ↑ | Kuwait | 100 | 2022 | 5 | 98 |
1 ↑ | Micronesia | 100 | 2022 | 40 | 88 |
1 ↑ | Bahrain | 100 | 2021 | 3 | 99 |
1 ↑ | Somalia | 100 | 2017 | 182 | |
5 ↑ | Luxembourg | 99 | 2022 | 161 | 63 |
5 ↑ | Kiribati | 99 | 2022 | 137 | 71 |
5 ↑ | Azerbaijan | 99 | 2022 | 40 | 88 |
5 ↑ | Russia | 99 | 2022 | 18 | 93 |
9 ↓ | Qatar | 98 | 2021 | 1 | 100 |
9 ↑ | Turkmenistan | 98 | 2022 | 18 | 93 |
9 ↑ | Cambodia | 98 | 2022 | 35 | 89 |
12 ↑ | Uzbekistan | 97 | 2022 | 23 | 92 |
12 ↓ | Maldives | 97 | 2021 | 9 | 96 |
12 ↑ | Norway | 97 | 2022 | 172 | 57 |
12 ↑ | Tonga | 97 | 2022 | 53 | 85 |
16 ↓ | Vanuatu | 96 | 2022 | 7 | 97 |
16 ↑ | Iraq | 96 | 2014 | 181 | 10 |
16 ↑ | Sweden | 96 | 2022 | 179 | 44 |
16 ↑ | Chad | 96 | 2022 | 178 | 45 |
16 ↑ | Switzerland | 96 | 2022 | 140 | 70 |
16 ↑ | Denmark | 96 | 2022 | 179 | 44 |
16 ↓ | Bulgaria | 96 | 2022 | 13 | 94 |
16 ↓ | Bosnia and Herzegovina | 96 | 2022 | 13 | 94 |
16 ↑ | Samoa | 96 | 2022 | 76 | 80 |
25 ↑ | Central African Republic | 95 | 2022 | 156 | 65 |
25 ↓ | Belarus | 95 | 2022 | 18 | 93 |
25 ↑ | South Korea | 95 | 2022 | 161 | 63 |
25 ↑ | Equatorial Guinea | 95 | 2022 | 114 | 75 |
25 ↑ | Haiti | 95 | 2022 | 76 | 80 |
30 ↓ | Kazakhstan | 94 | 2022 | 13 | 94 |
30 ↑ | Netherlands | 94 | 2022 | 173 | 52 |
32 ↑ | Estonia | 93 | 2022 | 72 | 81 |
32 ↑ | Tanzania | 93 | 2022 | 72 | 81 |
32 ↓ | United Arab Emirates | 93 | 2022 | 1 | 100 |
32 ↑ | Czech Republic | 93 | 2022 | 86 | 79 |
32 ↑ | Mauritania | 93 | 2022 | 119 | 74 |
32 ↓ | Hong Kong | 93 | 2020 | 18 | 93 |
38 ↓ | Yemen | 92 | 2015 | 23 | 92 |
38 ↑ | Djibouti | 92 | 2022 | 76 | 80 |
38 ↑ | Honduras | 92 | 2022 | 69 | 82 |
38 ↑ | Guinea | 92 | 2022 | 140 | 70 |
42 ↑ | Latvia | 91 | 2022 | 101 | 77 |
42 ↓ | Afghanistan | 91 | 2021 | 30 | 91 |
42 ↓ | Libya | 91 | 2018 | 11 | 95 |
45 ↑ | Germany | 90 | 2022 | 166 | 60 |
45 ↑ | Thailand | 90 | 2022 | 69 | 82 |
47 ↓ | Lebanon | 89 | 2021 | 30 | 91 |
47 ↑ | Togo | 89 | 2022 | 148 | 68 |
47 ↑ | Ireland | 89 | 2022 | 101 | 77 |
50 ↓ | Madagascar | 88 | 2022 | 30 | 91 |
50 ↑ | New Zealand | 88 | 2022 | 137 | 71 |
52 ↑ | Lithuania | 87 | 2022 | 53 | 85 |
52 ↑ | Taiwan | 87 | 2022 | 86 | 79 |
52 ↓ | Moldova | 87 | 2022 | 13 | 94 |
52 ↑ | Nicaragua | 87 | 2022 | 101 | 77 |
56 ↑ | Malta | 86 | 2022 | 146 | 69 |
56 ↓ | Sao Tome and Principe | 86 | 2022 | 40 | 88 |
56 ↓ | Serbia | 86 | 2022 | 18 | 93 |
56 ↑ | Syria | 86 | 2013 | 61 | 84 |
60 ↓ | Sudan | 85 | 2021 | 50 | 86 |
60 ↓ | Sri Lanka | 85 | 2021 | 53 | 85 |
62 ↑ | Indonesia | 84 | 2021 | 66 | 83 |
63 ↓ | Guatemala | 83 | 2022 | 23 | 92 |
63 ↑ | Finland | 83 | 2022 | 148 | 68 |
63 ↑ | Benin | 83 | 2022 | 148 | 68 |
66 ↑ | Philippines | 82 | 2022 | 101 | 77 |
66 ↑ | Ethiopia | 82 | 2022 | 96 | 78 |
66 ↓ | Mongolia | 82 | 2022 | 34 | 90 |
69 ↑ | Republic of the Congo | 80 | 2022 | 76 | 80 |
69 ↑ | Barbados | 80 | 2022 | 86 | 79 |
69 ↓ | Singapore | 80 | 2022 | 30 | 91 |
69 ↓ | Tajikistan | 80 | 2022 | 23 | 92 |
69 ↓ | Angola | 80 | 2022 | 43 | 87 |
69 ↑ | Zimbabwe | 80 | 2022 | 161 | 63 |
75 ↓ | Kyrgyzstan | 79 | 2022 | 11 | 95 |
75 ↑ | Jamaica | 79 | 2022 | 76 | 80 |
75 ↑ | Cameroon | 79 | 2022 | 114 | 75 |
75 ↑ | Eritrea | 79 | 2022 | 119 | 74 |
75 ↑ | Vietnam | 79 | 2022 | 76 | 80 |
80 ↑ | Mexico | 78 | 2022 | 112 | 76 |
80 ↑ | Poland | 78 | 2022 | 119 | 74 |
80 ↑ | Gabon | 78 | 2021 | 119 | 74 |
83 ↑ | Slovenia | 77 | 2022 | 170 | 58 |
84 ↑ | Slovakia | 76 | 2022 | 96 | 78 |
84 ↑ | United States | 76 | 2021 | 114 | 75 |
84 ↑ | Iceland | 76 | 2022 | 131 | 72 |
84 ↓ | Armenia | 76 | 2022 | 43 | 87 |
88 ↑ | Macao | 75 | 2020 | 101 | 77 |
88 ↑ | Uruguay | 75 | 2022 | 125 | 73 |
88 ↓ | Croatia | 75 | 2022 | 86 | 79 |
88 ↑ | Chile | 75 | 2022 | 131 | 72 |
92 ↑ | Democratic Republic of the Congo | 74 | 2020 | 119 | 74 |
92 ↑ | Ivory Coast | 74 | 2022 | 96 | 78 |
92 ↓ | Ukraine | 74 | 2022 | 35 | 89 |
95 ↑ | Portugal | 73 | 2022 | 166 | 60 |
95 ↓ | Peru | 73 | 2022 | 86 | 79 |
95 ↓ | Malaysia | 73 | 2022 | 61 | 84 |
98 ↓ | Bhutan | 72 | 2022 | 69 | 82 |
98 ↑ | Austria | 72 | 2022 | 177 | 46 |
100 ↓ | Cyprus | 71 | 2022 | 76 | 80 |
100 ↑ | Mali | 71 | 2022 | 146 | 69 |
100 ↓ | Albania | 71 | 2022 | 35 | 89 |
100 ↑ | Zambia | 71 | 2021 | 125 | 73 |
100 ↑ | Venezuela | 71 | 2021 | 125 | 73 |
105 ↓ | Macedonia | 70 | 2022 | 23 | 92 |
105 ↑ | Brazil | 70 | 2021 | 140 | 70 |
105 ↑ | Suriname | 70 | 2021 | 137 | 71 |
108 ↓ | Paraguay | 69 | 2022 | 9 | 96 |
108 ↓ | Niger | 69 | 2022 | 101 | 77 |
108 ↓ | Gambia | 69 | 2022 | 101 | 77 |
108 ↑ | Saint Vincent and the Grenadines | 69 | 2022 | 114 | 75 |
112 ↑ | Greece | 68 | 2022 | 166 | 60 |
113 ↓ | Burma (Myanmar) | 67 | 2022 | 43 | 87 |
113 ↓ | Dominican Republic | 67 | 2022 | 53 | 85 |
113 ↓ | Georgia | 67 | 2022 | 35 | 89 |
113 ↓ | Bahamas | 67 | 2022 | 7 | 97 |
113 ↑ | Guyana | 67 | 2022 | 156 | 65 |
118 ↑ | Solomon Islands | 66 | 2021 | 155 | 66 |
118 ↓ | Burkina Faso | 66 | 2022 | 72 | 81 |
120 ↓ | Liberia | 65 | 2022 | 50 | 86 |
121 ↑ | Papua New Guinea | 64 | 2022 | 131 | 72 |
121 ↑ | Comoros | 64 | 2021 | 159 | 64 |
123 ↓ | Ecuador | 63 | 2022 | 101 | 77 |
123 ↓ | Canada | 63 | 2022 | 112 | 76 |
125 ↓ | Rwanda | 62 | 2022 | 76 | 80 |
126 ↓ | Turkey | 59 | 2022 | 125 | 73 |
127 ↓ | Nigeria | 58 | 2022 | 53 | 85 |
127 ↓ | Hungary | 58 | 2022 | 61 | 84 |
129 ↑ | Colombia | 57 | 2022 | 140 | 70 |
129 ↑ | Senegal | 57 | 2022 | 131 | 72 |
131 ↓ | Iran | 55 | 2022 | 72 | 81 |
132 ↓ | Uganda | 54 | 2022 | 125 | 73 |
132 ↓ | Bangladesh | 54 | 2022 | 61 | 84 |
132 ↓ | Sierra Leone | 54 | 2022 | 43 | 87 |
135 ↓ | Mozambique | 53 | 2022 | 114 | 75 |
136 ↑ | Australia | 52 | 2022 | 161 | 63 |
136 ↓ | Nepal | 52 | 2022 | 66 | 83 |
138 ↓ | El Salvador | 50 | 2022 | 96 | 78 |
138 ↓ | Saint Lucia | 50 | 2022 | 101 | 77 |
138 ↑ | Belgium | 50 | 2022 | 175 | 47 |
141 ↑ | Italy | 49 | 2022 | 170 | 58 |
142 ↓ | Cape Verde | 48 | 2022 | 96 | 78 |
143 ↑ | Morocco | 46 | 2022 | 148 | 68 |
144 ↓ | Laos | 44 | 2022 | 43 | 87 |
145 ↓ | Romania | 43 | 2022 | 13 | 94 |
146 ↓ | Panama | 41 | 2022 | 53 | 85 |
147 ↑ | Algeria | 39 | 2022 | 154 | 67 |
147 ↑ | France | 39 | 2022 | 174 | 51 |
149 ↓ | Belize | 38 | 2022 | 86 | 79 |
150 ↓ | Seychelles | 37 | 2022 | 101 | 77 |
151 ↓ | Guinea-Bissau | 31 | 2022 | 35 | 89 |
152 ↑ | Spain | 30 | 2022 | 165 | 62 |
153 ↓ | Lesotho | 28 | 2022 | 131 | 72 |
154 ↑ | United Kingdom | 23 | 2022 | 156 | 65 |
154 ↑ | Israel | 23 | 2022 | 166 | 60 |
156 ↓ | Namibia | 22 | 2022 | 148 | 68 |
157 ↓ | Tunisia | 21 | 2022 | 131 | 72 |
158 ↓ | Brunei | 20 | 2022 | 23 | 92 |
158 ↓ | Japan | 20 | 2022 | 148 | 68 |
160 ↓ | Botswana | 19 | 2022 | 43 | 87 |
161 ↓ | Saudi Arabia | 18 | 2022 | 3 | 99 |
162 ↓ | Argentina | 17 | 2022 | 140 | 70 |
163 ↓ | Swaziland | 16 | 2022 | 86 | 79 |
163 ↓ | Jordan | 16 | 2022 | 53 | 85 |
165 ↓ | Trinidad and Tobago | 13 | 2022 | 76 | 80 |
166 ↓ | Montenegro | 12 | 2022 | 61 | 84 |
167 ↓ | Bolivia | 11 | 2022 | 53 | 85 |
167 ↓ | Malawi | 11 | 2022 | 86 | 79 |
167 ↓ | Kenya | 11 | 2022 | 86 | 79 |
167 ↑ | Cuba | 11 | 2022 | 175 | 47 |
167 ↓ | Costa Rica | 11 | 2022 | 76 | 80 |
167 ↓ | China | 11 | 2022 | 125 | 73 |
173 ↓ | Burundi | 10 | 2022 | 101 | 77 |
174 ↓ | Fiji | 9 | 2022 | 50 | 86 |
175 ↓ | Ghana | 8 | 2022 | 66 | 83 |
175 ↓ | South Africa | 8 | 2022 | 159 | 64 |
177 ↓ | Mauritius | 7 | 2022 | 23 | 92 |
177 ↓ | Oman | 7 | 2022 | 5 | 98 |
179 ↓ | Pakistan | 5 | 2022 | 119 | 74 |
180 ↓ | Egypt | 4 | 2022 | 43 | 87 |
180 ↓ | India | 4 | 2022 | 86 | 79 |
182 ↓ | Dominica | 1 | 2022 | 140 | 70 |
Definition of Fiscal Freedom Index
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.