Sao Tome and Principe: Labor freedom

* indicates monthly or quarterly data series
 Sao Tome and Principe

Labor freedom index (0-100)

 Latest value 42
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 44
 Min - Max 39 - 48
 Source The Heritage Foundation
For that indicator, we provide data for Sao Tome and Principe from 2009 to 2024. The average value for Sao Tome and Principe during that period was 44 points with a minimum of 39 points in 2013 and a maximum of 48 points in 2009. The latest value from 2024 is 42 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
Sao Tome and Principe - Labor freedom - Recent values chart

Historical chart
Sao Tome and Principe - Labor freedom - historical chart - 2009-2024




The Labor Freedom index for Sao Tome and Principe from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Sao Tome and Principe, 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 52 2024 points
 Freedom from corruption 47 2024 points
 Fiscal freedom 88 2024 points
 Business freedom 53 2024 points
 Labor freedom 42 2024 points
 Monetary freedom 60.60 2024 points
 Trade freedom 65 2024 points
 Investment freedom 60 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 61 2024 index points
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