Malawi: Labor freedom

* indicates monthly or quarterly data series
 Malawi

Labor freedom index (0-100)

 Latest value 57
 Year 2023
 Measure points
 Data availability 2005 - 2023
 Average 60
 Min - Max 56 - 64
 Source The Heritage Foundation
For that indicator, we provide data for Malawi from 2005 to 2023. The average value for Malawi during that period was 60 points with a minimum of 56 points in 2022 and a maximum of 64 points in 2019. The latest value from 2023 is 57 points. For comparison, the world average in 2023 based on 179 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
Malawi - Labor freedom - recent values

Historical chart
Malawi - Labor freedom - historical chart - 2005-2023




The Labor Freedom index for Malawi from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Malawi, 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 48 2023 points
 Freedom from corruption 37 2023 points
 Fiscal freedom 12 2023 points
 Business freedom 34 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 70.80 2023 points
 Trade freedom 66 2023 points
 Investment freedom 50 2023 points
 Financial freedom 50 2023 points
 Economic freedom, overall index 53 2023 index points
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