Iran: Labor freedom

* indicates monthly or quarterly data series

Labor freedom index (0-100)

 Latest value 49
 Year 2024
 Measure points
 Data availability 2005 - 2024
 Average 53
 Min - Max 42 - 76
 Source The Heritage Foundation
For that indicator, we provide data for Iran from 2005 to 2024. The average value for Iran during that period was 53 points with a minimum of 42 points in 2014 and a maximum of 76 points in 2005. The latest value from 2024 is 49 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
Iran - Labor freedom - Recent values chart

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

The Labor Freedom index for Iran from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Iran, 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.

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 Related indicators Latest value Reference Measure
 Property rights 24 2024 points
 Freedom from corruption 17 2024 points
 Fiscal freedom 63 2024 points
 Business freedom 38 2024 points
 Labor freedom 49 2024 points
 Monetary freedom 38.20 2024 points
 Trade freedom 56 2024 points
 Investment freedom 5 2024 points
 Financial freedom 10 2024 points
 Economic freedom, overall index 41 2024 index points
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