Archive · 27 Sep 2025
Singapore Tops Economic Freedom Index 2025; India Ranks 128th
Imagine a report card for countries, grading them on how free their economies are.
This report, the Economic Freedom Index, was released in 2025.
It looked at 184 countries and found that, overall, the world is 'mostly unfree' when it comes to money and business.
Singapore got the best grade, ranking number one.
India, however, is ranked 128th, meaning there are some roadblocks for people who want to start businesses or manage money there.
Countries with more economic freedom often have higher incomes and a better quality of life, according to the report.
Singapore ranked as the world's freest economy in the 2025 Economic Freedom Index.
India is ranked 128th out of 184 countries, labeled as "Mostly Unfree".
The global economy remains "mostly unfree", with a slight increase in average score.
Countries with more economic freedom tend to have stronger economies and better living standards.
The United States experienced a decline in its ranking due to increased government spending.
- Who
- Countries worldwide
- What
- The 2025 Economic Freedom Index rankings.
- When
- July 2023 to June 2024
- Where
- Worldwide
- Why
- To assess economic freedom and its impact.
Economic Freedom Benefits
Economic Freedom Restrictions
Impact on Business
Economic Freedom Benefits
Countries with greater economic freedom have fewer restrictions for businesses.
Economic Freedom Restrictions
In countries like India, starting a business can be challenging due to government obstacles.
Government Spending
Economic Freedom Benefits
Countries with high government spending face financial challenges.
Economic Freedom Restrictions
High government spending in the US has reduced its economic freedom.
- Index Name
- Economic Freedom Index 2025
- Countries Ranked
- 184
- Global Economy Status
- Mostly Unfree
- Global Average Score
- 59.7
- Singapore Rank
- 1st
- India Rank
- 128th
- India Score
- 53/100
- US Rank
- 26th