Canada: Economic freedom, overall index

* indicates monthly or quarterly data series
 Canada

Economic freedom, overall index (0-100)

 Latest value 72
 Year 2024
 Measure index points
 Data availability 1995 - 2024
 Average 76
 Min - Max 68 - 81
 Source The Heritage Foundation
For that indicator, we provide data for Canada from 1995 to 2024. The average value for Canada during that period was 76 index points with a minimum of 68 index points in 1997 and a maximum of 81 index points in 2009. The latest value from 2024 is 72 index points. For comparison, the world average in 2024 based on 174 countries is 59 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Canada - Economic freedom, overall index - Recent values chart

Historical chart
Canada - Economic freedom, overall index - historical chart - 1995-2024




Definition: The Overall index of economic freedom has ten components grouped into four broad categories: Rule of Law; Limited Government; Regulatory Efficiency and Open Markets. The overall economic freedom is scored on a scale of 0 to 100, where 100 represents the maximum freedom.

Related articles

Why incomes might converge or diverge



 Related indicators Latest value Reference Measure
 Property rights 89 2024 points
 Freedom from corruption 73 2024 points
 Fiscal freedom 34 2024 points
 Business freedom 84 2024 points
 Labor freedom 70 2024 points
 Monetary freedom 70.30 2024 points
 Trade freedom 84 2024 points
 Investment freedom 80 2024 points
 Financial freedom 80 2024 points
 Economic freedom, overall index 72 2024 index points
This site uses cookies.
Learn more here


OK