Fiscal Freedom Index

North America Ranking

(0-100)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Honduras	92	2022	3	82
2 ↑	Nicaragua	87	2022	6	77
3 ↓	Guatemala	83	2022	1	92
4 ↑	Mexico	78	2022	8	76
5 ↑	United States	76	2021	10	75
6	Ecuador	63	2022	6	77
6 ↑	Canada	63	2022	8	76
8 ↓	El Salvador	50	2022	5	78
9 ↓	Panama	41	2022	2	85
10 ↓	Costa Rica	11	2022	4	80

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.