Saudi Arabia: Labor freedom

* indicates monthly or quarterly data series
 Saudi Arabia

Labor freedom index (0-100)

 Latest value 44
 Year 2024
 Measure points
 Data availability 2005 - 2024
 Average 68
 Min - Max 41 - 85
 Source The Heritage Foundation
For that indicator, we provide data for Saudi Arabia from 2005 to 2024. The average value for Saudi Arabia during that period was 68 points with a minimum of 41 points in 2022 and a maximum of 85 points in 2005. The latest value from 2024 is 44 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
Saudi Arabia - Labor freedom - Recent values chart

Historical chart
Saudi Arabia - Labor freedom - historical chart - 2005-2024

The Labor Freedom index for Saudi Arabia from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Saudi Arabia, 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 2024 points
 Freedom from corruption 44 2024 points
 Fiscal freedom 80 2024 points
 Business freedom 70 2024 points
 Labor freedom 44 2024 points
 Monetary freedom 79.60 2024 points
 Trade freedom 74 2024 points
 Investment freedom 50 2024 points
 Financial freedom 50 2024 points
 Economic freedom, overall index 62 2024 index points
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