
Canada has once again received top marks on the annual Human Freedom Index (HFI), ranking 12th out of 165 countries evaluated by the joint CATO Institute and Fraser Institute report [1]. Among other major resource-exporting nations, Canada ranks extremely high on the 2025 index, underscoring its status as one of the world's leading suppliers of energy, wood, food, and minerals.
Why is the HFI important, you might ask? As one of the most comprehensive indexes of its kind, it examines 87 key indicators of personal and economic freedoms, ranging from freedom of religion and movement to the rule of law and property rights. It is an all-inclusive report that quantifies how “free” a country is, often relevant for investors when considering where to put their money.
Below, we explore the top 15 countries on the Human Freedom Index 2025 and compare their rankings with those of some of the world’s top resource exporters. We also provide further insight into why Canada’s top-ranking matters in the global economy. Also see:





