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“The evidence is clear—when people are free, they have much greater opportunity to prosper”

Canada falls out of top 10 freest countries, U.S. up seven spots to 17th


By —— Bio and Archives--January 25, 2018

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Canada falls out of top 10 freest countries, U.S. up seven spots to 17th
TORONTO—Canada is no longer one of the 10 freest countries in the world, having dropped from fourth to 11th in the new Human Freedom Index, released today by the Fraser Institute and a network of international public policy think-tanks.

The United States, which ranked 24th last year, climbed to 17th in the most recent report, which uses 79 indicators of personal, civil and economic freedoms to rank 159 countries and territories around the world.

“The Human Freedom Index measures the degree to which people are free to enjoy civil liberties—freedom of speech, religion, women’s rights, association and assembly and economic freedoms,” said Fred McMahon, the Dr. Michael A. Walker Research Chair in Economic Freedom at the Fraser Institute and editor of the report.

“While Canada’s ranking on personal freedoms improved one spot to 14th this year, economic freedom declined markedly in Canada from fifth to eleventh on the index. Higher taxes, growing regulation and increased government intervention have made Canadians materially less economically free,” McMahon added.

Switzerland is now the world’s freest country, having overtaken Hong Kong (2nd) atop the rankings. Other notable countries include: Germany (16), Japan (27), France (33), Mexico (73), India (102), Russia (126) and China (130).

Crucially, people in freer countries earn more money than those who live in less-free countries. For example, the average per capita income for the top-quartile countries on the index was US$38,871 compared to just US$10,346 for the least-free quartile in 2015, the most recent year of available comparable data in the freedom index.

“The evidence is clear—when people are free, they have much greater opportunity to prosper,” McMahon said.

The complete index, a joint project of the Fraser Institute, Germany’s Friedrich Naumann Foundation for Freedom and the Cato Institute in the U.S., is available as a free PDF download at http://www.fraserinstitute.org. It was prepared by Ian Vasquez of the Cato Institute and Tanja Porčnik of the Visio Institute in Slovenia.

MEDIA CONTACT: Bryn Weese, Media Relations Specialist, Fraser Institute, .(JavaScript must be enabled to view this email address)

The 10 freest and the least-free countries in the index

The 10 freest and the least-free countries in the index

 


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Fraser Institute -- Bio and Archives | Comments

The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 86 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute’s independence, it does not accept grants from governments or contracts for research. Visit fraserinstitute.org.

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