The aim of this paper is to offer a general survey of the latest development of metaphysical idealism in contemporary Anglo‐American philosophy. It consists of five main parts. The first part is a short introduction, it states the position of idealism and its current status in the Anglophone world. The second part focuses on the negative programme of idealism, which challenges physicalism on the problem of matter (2.1) and the problem of consciousness (2.2). The third part illustrates the positive programme of idealism, whose varieties can be grouped into two principal types: constitutive and elementary. Constitutive idealism (3.1) is subdivided into the theocentric (3.1.1), the anthropocentric (3.1.2), and the acentric (3.1.3). Elementary idealism (3.2), on the other hand, can be unity‐based (3.2.1), language‐based (3.2.2), or knowledge‐based (3.2.3). The six categories form a general framework of metaphysical idealism, and various accounts in the existing literature are discussed under each category. The fourth part addresses the relation between idealism and panpsychism. The paper is concluded with some caveats and future prospects.