The 2025 Index of Economic Freedom ranks 176 countries, showing the global economy as mostly unfree despite a slight rise in global average score to 59.7 from 58.6. Only three countries are designated as economically free, down from four last year. Singapore (First), Switzerland (Second), and Ireland (Third) lead the global rankings. India ranks 128th globally with a score of 53.0, under the mostly unfree category. India scores low in fiscal health (6.2), investment freedom (40), financial freedom (40), and government integrity (37.6). Strong areas include government spending (74.2), business freedom (72.3), and tax burden (71.3). The ranking highlights India’s challenges in economic freedom and fiscal reforms while showing potential in business and governance efficiency.
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