Burkina Faso: Labor freedom

* indicates monthly or quarterly data series
 Burkina Faso

Labor freedom index (0-100)

 Latest value 62
 Year 2024
 Measure points
 Data availability 2005 - 2024
 Average 55
 Min - Max 44 - 69
 Source The Heritage Foundation
For that indicator, we provide data for Burkina Faso from 2005 to 2024. The average value for Burkina Faso during that period was 55 points with a minimum of 44 points in 2005 and a maximum of 69 points in 2009. The latest value from 2024 is 62 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.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Burkina Faso - Labor freedom - Recent values chart

Historical chart
Burkina Faso - Labor freedom - historical chart - 2005-2024

The Labor Freedom index for Burkina Faso from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Burkina Faso, 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 38 2024 points
 Freedom from corruption 42 2024 points
 Fiscal freedom 13 2024 points
 Business freedom 42 2024 points
 Labor freedom 62 2024 points
 Monetary freedom 64.50 2024 points
 Trade freedom 61 2024 points
 Investment freedom 65 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 52 2024 index points
This site uses cookies.
Learn more here