For that indicator, we provide data for Malaysia from 2005 to 2023. The average value for Malaysia during that period was 72 points with a minimum of 57 points in 2022 and a maximum of 79 points in 2011.
The latest value from 2023 is 58 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.
The Labor Freedom index for Malaysia from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Malaysia, 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.