Spain: Labor freedom

* indicates monthly or quarterly data series
 Spain

Labor freedom index (0-100)

 Latest value 64
 Year 2024
 Measure points
 Data availability 2005 - 2024
 Average 54
 Min - Max 47 - 64
 Source The Heritage Foundation
For that indicator, we provide data for Spain from 2005 to 2024. The average value for Spain during that period was 54 points with a minimum of 47 points in 2010 and a maximum of 64 points in 2024. The latest value from 2024 is 64 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
Spain - Labor freedom - Recent values chart

Historical chart
Spain - Labor freedom - historical chart - 2005-2024




The Labor Freedom index for Spain from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Spain, 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 87 2024 points
 Freedom from corruption 64 2024 points
 Fiscal freedom 0 2024 points
 Business freedom 80 2024 points
 Labor freedom 64 2024 points
 Monetary freedom 74.10 2024 points
 Trade freedom 84 2024 points
 Investment freedom 80 2024 points
 Financial freedom 70 2024 points
 Economic freedom, overall index 63 2024 index points
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