Argentina: Labor freedom

* indicates monthly or quarterly data series
 Argentina

Labor freedom index (0-100)

 Latest value 54
 Year 2024
 Measure points
 Data availability 2005 - 2024
 Average 47
 Min - Max 43 - 55
 Source The Heritage Foundation
For that indicator, we provide data for Argentina from 2005 to 2024. The average value for Argentina during that period was 47 points with a minimum of 43 points in 2007 and a maximum of 55 points in 2023. The latest value from 2024 is 54 points. For comparison, the world average in 2024 based on 174 countries is 56 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Argentina - Labor freedom - recent values

Historical chart
Argentina - Labor freedom - historical chart - 2005-2024




The Labor Freedom index for Argentina from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Argentina, including the minimum wage; laws inhibiting layoffs; severance requirements; and the regulatory burdens on hiring.
Definition: The Labor freedom index is composed of six quantitative factors: ratio of minimum wage to the average value added per worker, hindrance to hiring additional workers, rigidity of hours, difficulty of firing redundant employees, legally mandated notice period, and mandatory severance pay. The index is based on data collected in connection with the World Bank’s Doing Business study.


 Related indicators Latest value Reference Measure
 Property rights 35 2024 points
 Freedom from corruption 40 2024 points
 Fiscal freedom 36 2024 points
 Business freedom 56 2024 points
 Labor freedom 54 2024 points
 Monetary freedom 29.40 2024 points
 Trade freedom 59 2024 points
 Investment freedom 55 2024 points
 Financial freedom 60 2024 points
 Economic freedom, overall index 50 2024 index points
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