Lesotho: Labor freedom

* indicates monthly or quarterly data series
 Lesotho

Labor freedom index (0-100)

 Latest value 58
 Year 2024
 Measure points
 Data availability 2005 - 2024
 Average 62
 Min - Max 58 - 72
 Source The Heritage Foundation
For that indicator, we provide data for Lesotho from 2005 to 2024. The average value for Lesotho during that period was 62 points with a minimum of 58 points in 2017 and a maximum of 72 points in 2005. The latest value from 2024 is 58 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
Lesotho - Labor freedom - Recent values chart

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




The Labor Freedom index for Lesotho from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Lesotho, 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 43 2024 points
 Freedom from corruption 42 2024 points
 Fiscal freedom 64 2024 points
 Business freedom 44 2024 points
 Labor freedom 58 2024 points
 Monetary freedom 72.80 2024 points
 Trade freedom 61 2024 points
 Investment freedom 55 2024 points
 Financial freedom 40 2024 points
 Economic freedom, overall index 52 2024 index points
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