Solomon Islands: Labor freedom

* indicates monthly or quarterly data series
 Solomon Islands

Labor freedom index (0-100)

 Latest value 61
 Year 2024
 Measure points
 Data availability 2009 - 2024
 Average 68
 Min - Max 60 - 76
 Source The Heritage Foundation
The latest value from 2024 is 61 points, unchanged from 61 points in 2023. In comparison, the world average is 56 points, based on data from 174 countries. Historically, the average for the Solomon Islands from 2009 to 2024 is 68 points. The minimum value, 60 points, was reached in 2022 while the maximum of 76 points was recorded in 2009. 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 data
Solomon Islands - Labor freedom - Recent values chart

Historical series
Solomon Islands - Labor freedom - historical chart - 2009-2024




The Labor Freedom index for the Solomon Islands from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in the Solomon Islands, 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.

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 Related indicators Latest Reference Measure
 Property rights 45 2024 points
 Freedom from corruption 42 2024 points
 Fiscal freedom 81 2024 points
 Business freedom 46 2024 points
 Labor freedom 61 2024 points
 Monetary freedom 77.40 2024 points
 Trade freedom 65 2024 points
 Investment freedom 15 2024 points
 Financial freedom 30 2024 points
 Economic freedom, overall index 55 2024 index points
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