Index of Economic Freedom 2025 by Country
About This Dataset
Index of Economic Freedom 2025 by CountrySingapore is once again rated the world's freest economy, with a score of 84.1, narrowly ahead of Switzerland (83.7) and Ireland (83.1) - the only three countries in the top tier classified as fully 'free'. These leaders combine open trade, strong property rights and efficient regulation with relatively limited government interference. Below them, a group of advanced economies scores in the high 70s and is rated 'mostly free': Taiwan (79.7), Luxembourg (79.5), Australia (79.3), Denmark (79.1), Estonia (78.9), Norway (78.3) and the Netherlands (78.2). The presence of both low-tax hubs like Singapore and high-tax Nordic states like Denmark and Norway shows that economic freedom, as measured here, rewards well-functioning institutions and open markets rather than simply small government.
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