Macao: Labor freedom

* indicates monthly or quarterly data series
 Macao

Labor freedom index (0-100)

 Latest value 50
 Year 2020
 Measure points
 Data availability 2009 - 2020
 Average 54
 Min - Max 50 - 60
 Source The Heritage Foundation
For that indicator, we provide data for Macao from 2009 to 2020. The average value for Macao during that period was 54 points with a minimum of 50 points in 2015 and a maximum of 60 points in 2009. The latest value from 2020 is 50 points. For comparison, the world average in 2020 based on 181 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


Recent values chart
Macao - Labor freedom - recent values

Historical chart
Macao - Labor freedom - historical chart - 2009-2020




The Labor Freedom index for Macao from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Macao, 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 40 2022 points
 Freedom from corruption 34 2020 points
 Fiscal freedom 75 2020 points
 Business freedom 60 2020 points
 Labor freedom 50 2020 points
 Monetary freedom 70.00 2020 points
 Trade freedom 90 2020 points
 Investment freedom 85 2020 points
 Financial freedom 70 2020 points
 Economic freedom, overall index 70 2020 index points
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