Gabon: Labor freedom

(measure: points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series

Gabon: Labor freedom index (0-100)

: For that indicator, The Heritage Foundation provides data for Gabon from 2005 to 2020. The average value for Gabon during that period was 60 points with a minimum of 52 points in 2020 and a maximum of 64 points in 2015. The latest value from 2020 is 52 points. For comparison, the world average in 2020 based on 182 countries is 59 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
from:
to:
Download as:
API

The Labor Freedom index for Gabon from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Gabon, 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 articles
This site uses cookies.
Learn more here


OK