Top 10 Countries by Economic Freedom in 2025: The 2025 Index of Economic Freedom highlights the fragility of the global economy, as it remains “mostly unfree” as a whole, even though the global average economic freedom score has increased by 1.1 points to 59.7 from last year’s 58.6.Only three countries (down from four in the previous year) have earned a designation of “economically free” among the 176 countries ranked in the 2025 Index.Must Read | Top 10 most connected airports in the world 2025: Delhi’s IGI slips in global rankingSingapore, at #1, continues to be the freest economy in the world, demonstrating a consistently high level of economic resilience and prosperity, with Switzerland at #2 and Ireland at #3, following next.Taiwan has retained its #4 ranking, which is the highest it has ever attained in the Index of Economic Freedom.Meanwhile, the world’s largest economy, the United States, at #26 and score plummeting to 70.2, recorded the lowest levels in the history of the Index.In case you missed it | World’s top 10 happiest cities in 2025: Europe dominates, 3 Asian cities ranked; here is where India standsOn the flip side, about 50% of the Index, i.e., 89 economies, are regarded as “mostly unfree”, with about 29 countries, including Pakistan (#150) and China (#151), classified as “economically repressed“.Top 10 countries ranked by economic freedom in 2025World RankCountry Name2025 ScoreEconomic Freedom Category1Singapore84.1Free2Switzerland83.7Free3Ireland83.1Free4Taiwan79.7Mostly Free5Luxembourg79.5Mostly Free6Australia79.3Mostly Free7Denmark79.1Mostly Free8Estonia78.9Mostly Free9Norway78.3Mostly Free10Netherlands78.2Mostly FreeSource: heritage.org – 2025 Index of Economic FreedomIndia’s global standing explained:Story continues below this adIndia ranks at #128 (and 26th regionally) with a score of 53.0 in 2025. It still falls under the “mostly unfree” economic freedom.Trending | Where India ranks among top 10 nations with highest H-1B visa holders; Pakistan at #8India is struggling with fiscal health, scoring a very low 6.2, along with investment freedom and financial freedom, both scoring 40 and government integrity at 37.6.However, on the positive side, it showcases relative strength in areas like government spending (74.2), business freedom (72.3), and tax burden (71.3), and mid-range scores in areas like property rights (51.1), judicial effectiveness (53.2), and labour freedom (59.0). Economic Freedom: Regional Rankings (Source: heritage.org – 2025 Index of Economic Freedom)