Singapore has once again claimed the top spot in this year’s Economic Freedom Index , becoming the world’s freest economy, which continues to show resilience and prosperity. Switzerland is in second place, followed by Ireland . Taiwan ranks fourth, marking its highest position ever. Meanwhile, India stands behind at 128, reflecting significant challenges in the domestic economic environment.

In this year’s rankings, there are a few shifts among the top economies . The 2025 Index reviewed the economic policies of 184 countries from July 2023 to June 2024. It found that the global economy, as a whole, remains “mostly unfree”. The average economic freedom score worldwide rose slightly from 58.6 last year to 59.7 this year.

The 2025 Economic Freedom Index shows that countries supp

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