Canada: Fiscal freedom

* indicates monthly or quarterly data series
 Canada

Fiscal freedom index (0-100)

 Latest value 34
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 66
 Min - Max 32 - 80
 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 66 points with a minimum of 32 points in 2023 and a maximum of 80 points in 2013. The latest value from 2024 is 34 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
Canada - Fiscal freedom - Recent values chart

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




The Fiscal Freedom index for Canada 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.

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 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
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